Build your business intelligence with quality data and analytics so you can increase cost reductions, optimize your network, drive customer satisfaction, and more. Trax’s Transportation Spend Management Maturity Model takes the operational and financial aspects of your tech supply chain to the next level, so you can turn challenges into opportunities to lead the market.

Benefits for technology supply chain leaders

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Globalization
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Risk Mitigation
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Automation
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Cost Reduction
Globalization
Grow your market share. Trax integrates your data from various suppliers and carriers into one central location for enhanced global visibility. Use detailed analytics reporting to optimize your operations, develop a nimble network, increase cost reductions, and enhance global inbound logistics so you can dominate the market and achieve on-time deliveries to your global customers.
Risk Mitigation
Decrease risk within your supply chain. The end-to-end visibility that Trax delivers helps you mitigate risks related to human error, late or damaged deliveries to customers, market shifts, and more. Optimizing your freight audit, claims management, carrier performance, operations, and data management sets you up to improve customer satisfaction and widen the gap between you and the competition.
Automation
Automate your processes. Trax integrates your systems to feed high-quality data into a centralized platform, bringing automation to freight audit, data management, rate management, and other processes. Eliminate errors, free up resources to grow your market share, and use data insights to increase your business intelligence.
Cost Reduction
Boost cost reductions. Transform your rate management process with Trax. Shift from manual spreadsheet entry to a centralized, automated platform that delivers unparalleled cost reduction insights across your entire tech supply chain. Optimize your carrier management to always choose the right carrier for the right job, eliminating losses and missed cost reduction opportunities that come from lack of visibility.
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Selected as an Inbound Logistics Top 100 Logistics IT Provider for 2020, a Supply & Demand Chain Executive Pros to Know company, and Hot Company by Parcel Magazine.

Solutions for the tech industry

Freight Data Management
Financial Management
Carrier Management
Transportation Optimization Programs
Tier 1

Freight Data Management

Confidently manage international transportation including freight audit, rate management, carrier payment, and data and policy compliance with operational and data quality controls for your network.

Freight Audit
Rate Manager
Match Manager
Data Compliance Manager
TraxPays
Freight Audit

Freight Audit

Trax audits to contract, validates for compliance, and processes your freight bills for payment for all global modes of transportation. Utilize freight audit as the stepping stone to maturing through Transportation Spend Management and obtaining a fully optimized global supply chain.

  • Increase cash flow with invoice vs contractual rate agreement compliance, no more late fees, and fewer claims.
  • Automate and optimize your supply chain to bolster your resiliency and adapt to market changes.
  • Ship to any global location using any carrier, and ensure accurate packlist matching so your shipments aren’t anchored at port.
Rate Manager

Rate Manager

Optimize your rate and spot quote management across different modes and geographies, and capitalize on advanced, real-time visibility into available and expiring rates. Our easy-to-use platform allows for side-by-side comparisons of rate submissions and approvals so you can easily see which rates and details meet your requirements.

  • Centralize global contractual and spot quote ocean/air rates into an automated system to easily identify and quickly lock in the best rates with the right carriers.
  • Shift from manual spreadsheet processes to automation with quality data that increases global visibility to drive cost reductions and increase customer satisfaction.
Match Manager

Match Manager

Deliver consistent value to customers. Our Match Manager provides end-to-end insight into the performance of your supply chain and helps control your transportation costs. It enables matching invoices to other data sets for audits, allocation, risk management, and reporting.

  • Increase cost reductions and leverage data insights to build better logistics networks and deliver better value to customers.
  • Gain complete control and visibility, without manual input, over spend on product- and item-level purchase tracking.
  • Create a fully closed loop, from shipment generation to invoice receipt to booking, and achieve complete insight into your tech supply chain.
Data Compliance Manager

Data Compliance Manager

Collect, clean, and standardize diverse datasets from various systems into one central platform, reducing manual processes and mitigating risks of human error.

  • Achieve policy compliance for regional regulations, government tariffs, and other hurdles that often delay shipments. 
  • Optimize operations with high-quality datasets that deliver unparalleled visibility into your tech supply chain.
  • Transform your data into power analytics that deliver insights into market trends so you can prepare for the future.
TraxPays

TraxPays

Pay thousands of invoices seamlessly and effortlessly. Avoid manually paying and tracking hundreds of vendors through thousands of transactions, all while maintaining complete carrier-level payment data visibility.

  • Let experts handle various currencies, geographic tariffs, and constraints so your internal resources can focus on expanding your reach across the globe.
  • Enhance cash flow and carrier relationships with on-time, accurate payments.
Tier 2

Financial Management

Financial Management was built to help your organization create greater returns and profitability. You'll get visibility into higher quality data, enabling you to be more confident and efficient in financial management. Avoid surprises and accurately budget, allocate, and accrue for logistics expenses. The end result is cost savings, transparency, efficiency, and risk management.

Accrual Manager
Claims Manager
Budget Manager
Accrual Manager

Accrual Manager

Achieve full control over transactions from the time of shipment. Access reports for real-time visibility into match rates and accrued versus actual variances, giving you accurate insights into your financial commitments before invoices arrive.

  • Obtain detailed accrual reporting to optimize efficiencies, drive cash flow, increase flexibility, simplify processes, and move products to customers faster.
  • Centralize your data for accrual estimates and rates, as well as historical accruals (including accessorials), for more detailed accrual reporting.
Claims Manager

Claims Manager

Let Trax manually file claims, investigate incidents, and resolve issues on your behalf so you can focus your internal resources elsewhere.

  • Simplify and expedite your claims management process to ensure accurate and timely recovery of funds.
  • Mitigate losses from carrier issues and increase your customer satisfaction through quick refunds.
  • Optimize your claims process so you can go after opportunities to ship to new markets or through new carriers.
Budget Manager

Budget Manager

Compare your supply chain spend performance to your annual, operational, and business budgets in real time.

  • Increase visibility into your tech supply chain budget so you can identify cost reduction opportunities and prepare for market shifts.
  • Get greater control over your budget with real-time insights to make quick decisions that impact the timeliness of your shipments.
  • Accurately track cost deviations, reduce holding inventory expenses, and make cost-effective business decisions.
Tier 2

Carrier Management

The power of Carrier Management services lies in the ability to go beyond recovery. This service works collaboratively with shippers and carriers to identify the root cause and install corrective actions to improve future performance. This means that you, as the shipper, quarter over quarter and year over year, realize cumulative gains in performance, data quality, and financial acuity.

Carrier Management Services
RFx Manager
Performance Manager
Carrier Management Services

Carrier Management Services

Create a profitable—and symbiotic—relationship with your carriers. Revel in better carrier performance, higher value delivered to your customers, and reductions in risk and cost.

  • Improve global inbound management with real-time data insights and build your carrier relationships.
  • Make quick, data-driven decisions based on insights for capacity, delivery times, and other issues. 
  • Ensure customers receive timely, quality deliveries to build your brand and customer loyalty.
RFx Manager

RFx Manager

Conduct smart bid management. Issue RFPs on bids for new rates, evaluate responses on bids, analyze what-if model responses, and accept bids on rates across diverging rate dimensions, carriers, and locations.

  • Issue RFPs customized to freight needs, such as accessorial fees, delivery times, capacity, and more.
  • Bolster a user-friendly platform to centralize bids for contractual rates or spot quotes, both global or local.
  • Simplify the bid process to free up resources and mitigate human error while increasing visibility into a complex process.
Performance Manager

Performance Manager

Attain unparalleled visibility into carrier performance through data-driven analytics. This centralized information hub helps you make the best decisions related to carriers, based on your needs.

  • Evaluate critical KPIs in your carrier scorecards, such as accessorial charges, on-time deliveries, capacity, and more to choose the carriers that best suit your needs.
  • Mitigate the risk of damages, losses, and delays that can reduce customer satisfaction and increase costs.
Tier 3

Transportation Optimization Programs

Enjoy access to our team of seasoned Transportation Spend Management experts who can help you optimize your supply chain management performance and dominate the market.

  • Gain the benefit of our experience, as we work with 5 of the top 10 high-tech companies.
  • Receive guidance through challenges like tariffs, shipping to sanctioned countries, navigating multiple government agency audits, and more.
  • Learn how to turn challenges into advantages over your competition.

Some of our customers

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Trax helped us identify and
resolve
our transportation risk

"I’ve always believed that data is one of the most critical pieces used in making decisions. The solid reporting capabilities and platform that Trax provides, has been extremely important to our business routine and used for several high profile projects."

Related resources to keep you informed

7 Challenges in Transportation Spend Management for Tech Companies

With technology evolving at a faster pace than ever, the global demand for tech supply chain management is skyrocketing—and so are the challenges. To...

Freight Data Management: Taking Your Supply Chain to the Next Level

Data management is an integral part of any successful global business, including supply chain management. The logistics and transportation industry...

Transforming Accrual Management into a Cornerstone for Success

Managing freight accruals is one of the most complex supply chain processes, requiring long hours and many resources. Considering that freight can...

See how we can help you achieve global spend management maturity. Contact us today!