Automate 100% of your AR work
Don’t let inefficient ops delay getting paid and don’t let bad decisions drain your working capital.
Whether you are a broker, managed transportation provider, or both, we automate your AR decisions from validating carrier documents to sending customer invoices, so you can maximize your margin.
Optimize your Days Sales Outstanding (DSO)
Loop’s AP automation boosts team productivity and precision. So you can reduce risk by eliminating labor redundancy and get paid faster.
Connect documents and TMS data
Stop flipping between screens, documents, and folders trying to get a complete picture of your load.
Generate AR invoice drafts
Automatically create AR invoices from your TMS payload.
Send compliant AR invoices
Send invoices based on customer preference (EDI, emails) in one click without leaving Loop.
Manage adjustments seamlessly
Make edits to AR invoices in Loop in—even while approving AP invoices.
Connect documents and TMS data
Who hasn’t spent an hour trying to find the right BOL in your inbox? Your mailbox? Your texts? Your TMS? Stop digging and searching. With Loop you can house all of your shipment documents and data in one platform, regardless of source or format.
With centralized data you can easily monitor carrier performance and track your customer’s supply chain and spend. This data gives your team complete context on each load so you can streamline your value delivery.
Generate AR invoice drafts
Stop making invoices from scratch each time, every time.
Let Loop generate your customer invoices based on programmable rules. Loop connects data across AP, TMS, and customer profile to ensure accuracy. Accelerate your time to invoice by pulling people out of your processes.
Send compliant AR invoices
One-size-fits-all customer service doesn't work but a customer’s 10-page standard operating procedure can feel like a black hole.
Store customer invoicing preferences (email or EDI) and document requirements for a streamlined process. Simply send invoices with a single click or leverage programmatic control. Improve your AR accuracy and efficiency to get paid faster.
Manage adjustments seamlessly
AR adjustments happen. But even a small change can impact your bottom line.
Loop accurately manages these changes with clear discrepancy data and automated workflows for credit memos and voids to expedite resolution. Give your team a macro-level view of adjustments so you can manage them effectively and find patterns to prevent them in the future.
Improve your AR precision and speed
Logistics-AI becomes faster and more accurate with each billing decision. So you can boost your working capital by optimizing your DSO.
Freight document management
Ensure you have every supporting document required to audit an AP invoice and then send it with an AR invoice as needed.
Automated audit
Integrate your AR and AP process so you always make money on every load.
Invoice draft creation
Draft receivable invoiced based on TMS payload data.
Invoice table
Store all draft invoices with necessary paperwork attached that are ready to send.
Document attachment
Attach all required docs from a shipment to a receivable invoice.
Customer profiles
Define each customers' (shipper) preferences in a profile that tracks how they want to receive that invoice from Loop.
Invoices API
Exposes all finalized invoices so you can send based on customer preferences.
Credit adjustments
Loop creates credit memos tied to the original invoice to adjust the amount you want to bill your customer.
Let Loop execute your AR decisions
Don’t let inefficient ops and bad decisions delay getting paid.
Is your AR operating in the 1980s, 2000s, or 2020s?
Today’s transportation and finance teams deal with more challenges than ever yet they are STILL managing their AR workflow the same way they did 30+ years ago.
Frequently asked questions
From the time that Loop receives the invoice, it takes only 30 minutes to extract, standardize, and normalize the data to your company’s preferred language, and then populate on your dashboard.
Yes, multiple configuration options are available including payment thresholds, documents required for audit, line item level requirements by dollar amount, accessorial specific, etc. Just let our team know what you need.
When a customer (shipper) requests an adjustment on an AR invoice, the 3PL will manage that directing in Loop.
Yes, some net new reports can be created.
Given the variety, and non- standardized nature, of documents involved in a freight invoice audit, Loop leverages logistics-AI to contextualize the learning model’s understanding of your documents and then digitize them. Loop connects to carriers via EDI and API connections (but can ingest documents in any format PDF, CSV, EXL, etc.). If documents are being emailed, Loop can be added.
This results in less human intervention, and less cost per document, which is passed onto you.
Unlock profit trapped in your supply chain.
Chat with our team of supply chain and automation experts to get started today.