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Financial Intelligence for Transportation Spend & Freight Audit Management.

Trax empowers supply chain finance leaders to achieve audit-ready accuracy and strategic cost control. Our AI-powered freight audit platform delivers precise financial reporting, optimized working capital, and the granular cost allocation your finance team needs—without replacing your financial oversight expertise.

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Trusted by Fortune 500 Finance Teams to Optimize Transportation Spend Management

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Strengthen Financial Control with Better Visibility

You’re responsible for financial accuracy, cost control, and budget alignment across the supply chain. But fragmented data, manual freight audit processes, and limited cost allocation reduce visibility—making it harder to manage spend and demonstrate financial impact.

Trax doesn’t replace your oversight—it strengthens it.
AI-powered freight audit ensures accuracy at scale, so your team can focus on strategic financial management.

Freight Audit

Common Transportation Spend Management Challenges for Finance Teams

Limited Visibility Undermines Financial Control

Fragmented transportation data and manual processes reduce visibility—impacting reporting accuracy, budget forecasting, and variance analysis.

Manual Processes Create Inefficiency and Risk

Manual invoice processing leads to errors, payment delays, and slower month-end close—consuming valuable finance capacity.

Incomplete Cost Allocation Limits Profitability Insight

Lack of granular, SKU- and customer-level cost data restricts profitability analysis, pricing decisions, and strategic financial planning.

 How AI-Powered Freight Audit Empowers Financial Control & Strategic Cost Management

Automated Accuracy & Financial Control

Audit 100% of invoices with charge-level validation and automated GL coding—ensuring accurate reporting, faster close cycles, and reduced manual reconciliation.

Cost Intelligence, Compliance & Margin Protection

Enable SKU-level cost allocation, enforce contract compliance, and recover overcharges—strengthening profitability analysis and preventing revenue leakage.

Carrier Performance Intelligence & Faster Sourcing

Access complete carrier performance data and accelerate RFQs, spot quotes, and sourcing decisions with integrated analytics.

Complete Freight Audit Automation & Financial Control Solutions

AI-Powered Invoice Processing & Financial Reporting

Audit 100% of freight invoices globally with AI-driven normalization and charge-level validation. Ensure precise financial reporting, streamline month-end close processes, and optimize working capital through automated accrual management and payment scheduling.

Achieve audit-ready accuracy without manual reconciliation.

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98% Allocation Accuracy

Granular Cost Allocation & Profitability Intelligence

Allocate transportation costs down to the SKU level across 10,000+ products for accurate profitability insights by customer, product, and department. Enable strategic pricing decisions, budget control, and cost center accountability.

Enable strategic financial decisions with granular cost intelligence.

Financial Controls & Compliance Management

Ensure contract compliance and prevent revenue leakage with automated exception monitoring, billing verification, and robust audit controls. Support accurate financial reporting and reduce manual oversight requirements.

Maintain financial control through automated compliance monitoring.

35% Reduction in Overpayment Risk 
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Working Capital Optimization & Accrual Management

Automated shipped-not-billed tracking, precise accrual calculations, and payment scheduling optimization. Improve cash flow management, reduce balance sheet exposure, and enhance financial forecasting accuracy.

Optimize working capital through intelligent freight audit automation.

Financial Performance Results from AI-Powered Freight Audit

Your finance team drives these results—Trax provides the freight audit automation that makes it possible.

Improved cash flow with accurate accrual management, shipped-not-billed tracking, and DPO optimization

 

Enhanced forecasting through precise cost allocation, comprehensive spend analysis, and SKU-level profitability insights

 

Reduced financial risk via automated freight audit and balance sheet exposure management

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Fortune 500 Supply Chain: $105M Transportation Savings Through Transformation 

100M-supply-Chain-Case Study

A Fortune 500 pharmaceutical company faced fragmented transportation data across 21 countries, thousands of manually managed carrier rates, and limited visibility into key cost drivers.

 

Over 18 years, reliance on spreadsheets and minimal freight audit tracking created inefficiencies that slowed M&A integration and progress on sustainability goals.

 

$105 million in total savings

$74M from Trax optimization + $31M duplicate invoice prevention

 

Complete visibility across 21 countries

with 115 carrier relationships and 19-currency processing

 

SKU-level cost allocation

across 10,000+ products enabling precise profitability analysis

 

Read the Full Case Study

Transform Transportation Spend into Strategic Financial Advantage.

Discover how Fortune 500 finance leaders use AI-powered freight audit to achieve financial control and optimize working capital—without replacing financial oversight.

Your financial control assessment includes:

  • Transportation spend analysis revealing cost recovery and efficiency opportunities in your freight audit processes
  • Working capital optimization showing accrual management improvements and cash flow opportunities
  • Cost allocation roadmap for SKU-level profitability analysis and strategic financial planning
  • Customized financial ROI projection based on your transportation spend and reporting requirements

Trax is the global, digital leader in spend and compliance management solutions. We empower organizations with globally complex supply chains to have greater control and visibility in their supply chain giving them enterprise-wide efficiency, maturity, and value.

909 Lake Carolyn Parkway Suite #230
Irving, Texas, USA 75039

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