Improve your margin management
Are you making strategic business decisions with partial margin insights? Power your AR and AP decisions with high-quality shipment and invoice data. Improve your financial operations and decision quality so you can reduce your cost-to-serve.
Improve your cost-to-serve
You can’t improve what you can’t measure. Understand your true cost to serve, uncover insights to drive more business, and ensure carrier and customer compliance.
Unify all carrier and customer data
Centralize all shipment & spend data from any format and source into one system.
Transform your data
Categorize, extract, standardize, and link data across your network with logistics-AI.
Monitor carrier performance
Understand how well your carrier network complies with you and your shippers' invoicing compliance to address billing and payment bottlenecks.
Uncover customer insights
Find where your customers are wasting money so you can help them lower their costs and book more business with you.
Unify all carrier and customer data
Leave disconnected data in the dust. Give your teams the context they need to make great decisions by centralizing AP, AR, customer, and carrier data in one platform.
Simply forward an email or use our API integrations to share data in any form, from any source. Empower your teams to improve decision quality by understanding the complete context of a load, customer, carrier, lane, mode, etc.
Transform your data
Working with thousands of carriers creates data formatting and management nightmares.
Simplify document translation, categorization, extraction, and linking with logistics-AI. Our configurable models and customer success team ensure accurate data extraction 100% of the time. So you have the data you need to automate your financial operations and uncover insights.
Monitor carrier performance
Carriers are crucial but their processes can drain your margin and strain your operations.
Loop’s centralized invoice and shipment data helps you improve invoice accuracy to accelerate processes. Understand how well your carrier network complies with you and your shippers' invoicing compliance to address billing and payment bottlenecks.
Uncover customer insights
Cost cutting is not enough. To grow, you need to expand your customer relationships. Leverage Loop’s insights to consult your customers on how to optimize their operations and spend so they book more volume with you.
Loop's self-serve analytics uncover shipper insights, allowing you to offer personalized recommendations that drive results...without needing an expensive data science team.
Improve your margin management
Understand your value delivery across all your loads and their nuances (lanes, modes, timelines, etc). So you can uncover insights that help you book more business and reduce your cost-to-serve.
Easy integrations
Connect your carrier portals, transportation management systems and enterprise resource planning platforms to Loop.
Data categorization
Identify each document type to validate it and ensure compliance.
AI-driven extraction
Configure your extraction and validate with human oversight to ensure accuracy.
Data standardization
Standardize data from every carrier across location, customers, service levels, or how they detail line-items.
Data linking
Link all shipment data across carriers and docs to ensure consistency and accuracy.
Cost analysis
Track cost at line-item level and in aggregate across shipment, lane, carrier, and accessorial to understand true cost to serve for different shipments.
Carrier scorecard
See carriers’ performance on spend, volume, accessorials, accuracy, over charge rate, services, etc. Track document and rate noncompliance on an invoice and shipment level.
Quick pay payments
Unlock meaningful margin on every quick pay payment.
Loop boosts 3PL+ productivity by 50%
With Loop, workflow automation improved accuracy and productivity which boosts their margin.
Is your margin management stuck in the 1980s, 2000s, or 2020s?
Today’s transportation and finance teams deal with more challenges than ever yet they are STILL managing their margin the same way they did 30+ years ago.
Frequently asked questions
Loop provides data at any level you need, be that at the customer level, shipment level, both, or anywhere in between.
Loop’s homegrown logistics-AI loves to take messy, disconnected supply chain data, and standardize and centralize it. This allows clients to have easy and clear access to their data.
To get more specific, first, clients send and share data from any source (CSV, JSON, JPG, JPEG, PDF, PNG). Then our AI extracts key data, based on your unique configurations, and validates with human oversight. This process ensures compliance. Plus the more time our AI has with your data, the more accurate and fast it becomes.
Loop’s AI also cleans and standardizes messy data (spelling errors, duplicate references, etc.) to ensure readability for your teams. Loop also enriches your data with supporting document and invoice data and then links all shipment data across carriers and documents to ensure consistency and accuracy.
Data extracted from freight documents will be presented back to customers via the Loop app. This data is used to automate the audit and pay workflow.
Customers can also access our analytics with reports on their network, operations, finances, accessorials, overcharges, and carrier scorecards. Here they can find key metrics like spend per carrier, overcharges and undercharges at a company level and by the carrier, most common accessorial, highest spend accessorials, etc.
With Loop’s data, every penny is accounted for and presented in a way that’s easy to access and understand.
Cost analysis: track cost at line-item level and in aggregate across shipment, lane, carrier, and accessorial to understand true cost to serve for different shipments.
Self-serve and customizable analytics: analyze customers data across carrier, accessorial, volume, spend, fuel, lane, service, state, zip to monitor your teams’ performance.
Exception visibility: Track document and rate non-compliance on an invoice and shipment level.
Reporting: Understand invoicing non-compliance trends across carriers and drill down by document or rate audit exception types.
For more strategies and tips, check out this blog post: https://loop.com/article/5-strategies-to-improve-your-cost-to-serve-analysis
Yes, permissions can be completely customizable.
Unlock profit trapped in your supply chain.
Chat with our team of supply chain and automation experts to get started today.