Transportation Spend Management
Business Intelligence and Transportation Spend Management Excellence in the Form of Logistics Insights, Process Efficiency, and Cost Reduction.
Extend DPO Without Debt: Days Payable Outstanding (DPO) extension options for shippers. This means transportation invoices are paid on time while shippers are able to extend their DPO as far out as 150 days.
Purpose-Built for Transportation Logistics: You likely already have some form of a working capital management program but almost none have solutions to help with transportation logistics which is growing daily as a key cost of goods sold.
Raistone Partnership: Raistone, a world-leading fintech provider, provides access to capital for the on-time payment of invoices while simultaneously extending the payment terms for the shipper beyond the payment terms of the invoice.
3. Trax automates carrier payments to ensure on time and efficient delivery for carrier and shipper
4. Shipper pays Trax for transportation invoices up to 150 days after they were paid to the carrier and a monthly service fee for the extension