Get better data, improve financial decisions
Staring and comparing between a paper invoice and a PDF of a BOL creates reconciliation hell. Trying to compare a contract’s rate table to charges on an EDI invoice is mind numbing.
Connect, centralize, and standardize all of your transportation data with logistics-AI.
Connected shipment and spend data
Accessible and understandable data improves financial and operational decisions.
Centralize your data
Access all your transportation data in one system regardless of source and format.
Transform your data
Categorize, extract, and standardize data across your network with logistics-AI.
Organize your data
Clean your data, link it, and automate cost allocation to get all your data in one, usable format.
Unlock self-serve insights
Improve decision quality by giving everyone access to actionable analytics.
Centralize your data
The supply chain is filled with complex documents that are spread across disconnected systems. A blurry photo of a BOL? Naturally. A hand written lumper receipt? Par for the course.
Collecting and managing these is a nightmare.
Now you can easily centralize all your shipment and spend data in any format (CSV, JSON, JPG, JPEG, PDF, PNG) and from any source (EDI, API, email, etc). So you can spend less time manually entering data into a legacy system or searching through endless email threads to find a receipt.
Transform your data
Supply chain data has a major problem: multiple "sources of truth" where data is disconnected by varying systems, structures, standards, formats, terms, quality, etc. Unifying these is a difficult problem for people but a great problem for logistics-AI.
Logistics-AI is built for the supply chain’s domain and language, so it contextualizes, categorizes, and standardizes each data point. Now you no longer have to do the mental gymnastics of mapping UPS’s Next Day Early AM Air to FedEx’s First Overnight when you want to understand how much you're spending on 8am deliveries.
Organize your data
You know the drill - messy handwriting, incorrectly spelled accessorials, and linehaul details that can vary from paragraphs to simply “pork”. Making sense of this mess is boring at best and mind-numbing at worst.
Loop cleans chaotic data (spelling errors, duplicate references, etc.) and links all shipment data across carriers and docs to ensure consistency and accuracy. Then it automates your cost allocation so you can see spend down to a line-item level.
Unlock self-serve insights
Seven Transportation Management Systems with different dashboards? Four individual dashboards for UPS, FedEx and DHL because you can’t decipher different carrier EDI feeds? Sound familiar?
Analyzing your network data is a constant challenge.
Loop tracks and monitors your KPIs with out-of-the-box and customizable reports so you can make better financial decisions. Our self-service analytics are available to everyone on your team with custom permissions, configurable controls, and SOC-II Type 2 security.
Improve supply chain and spend management
You need great data to make great decisions. Get control over your choices and your costs to boost profitability.
Easy integrations
Connect your carrier portals, transportation management systems and enterprise resource planning platforms to Loop.
API & EDI parsing
Decode complex feeds so they are usable and understandable.
Data categorization
Identify each document type to validate it and ensure compliance.
AI-driven extraction
Configure your extraction and validate with human oversight to improve precision.
Data standardization
Standardize data from every carrier regardless of how they name their service-levels, detail their linehauls, or write “fuel surcharge”(i.e. “fuel,” “FL Sur”, “FS,” etc.).
Data linking
Link all shipment data across carriers and docs to ensure consistency and accuracy.
Cost allocation
Track costs at line-item level and in aggregate across shipment, lane, carrier, accessorial, and SKUs, then assign cost codes as needed.
SOC-II Type 2 security
Know your data and processes are protected against risks with complete control.
Data management that easily handles the supply chain complexity
Logistics-AI constructs a comprehensive but flexible view so you can assess your business at any level (network spend, cost per accessorial per carrier, cost per product, etc).
Is your data 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 data the same way they did 30+ years ago.
Frequently asked questions
Send an email with data in any format (CSV, JSON, JPG, JPEG, PDF, PNG) from any source (EDI, API, email, etc). Loop then categorizes, extracts, and standardizes all relevant data.
Loop uses proprietary logistics-AI which is less rigid than OCR which means less human intervention, a lower cost per document, and a faster carrier activation time.
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.
From the time that Loop receives the invoice, it takes only 30 minutes to extract and standardize, and link the data to your company’s preferred language, and then populate on your dashboard.
During implementation we collect carrier contracts for digitization and storage on Loop.
We use a combination of computer vision and natural language processing to extract data from documents supporting an invoice. Our models are trained with a human in the loop where there is a lack of consensus. Results are fed back into the model for improved accuracy over time. When consensus cannot be reached an oracle steps in to make determination. Periodic model drift is performed on fields to ensure highest quality data extraction.
Unlock profit trapped in your supply chain.
Chat with our team of supply chain and automation experts to get started today.