Freight audit and payment software
Modern freight audit & payment software for successful supply chains.
Say goodbye to manual workflows and inaccurate data that hurt profit. Let Loop’s logistics-AI make billing decisions for you.
Approve 99% of invoices with no touch
Automate your AP process so you can focus on what matters - great customer and carrier relationships.
Streamline freight document management
Ditch disconnected systems and document chaos. Loop stores important supply chain and spend documents in one platform.
Improve audits accuracy with AI
Tired of staring and comparing between rate tables, manual calculations, and your invoice?
Automatically audit every line-item on your invoice down to a penny.
Expedite issue resolution
Time is money, stop wasting both. Loop finds discrepancies in hours, not months.
Streamline freight document management
To audit an invoice accurately you need all supporting documentation: contracts, BOLs, receipts (tolls, cleaning, lumper,...) in one system.
Loop manages your documents for you, all you need to do is send them via email or API. So you can easily validate all billing decisions.
Improve audit accuracy with AI
Tired of deciphering confusing contracts? Loop digitizes contracts and rate tables to build into a rate engine. Our automated audit never approves an invoice with an incorrect rate, service, or accessorial charges.
Expedite issue resolution
Stop the endless carrier email threads. Use Loop’s explainability to understand issues, resolve them, and improve carrier compliance.
Dig into variances between your actual and expected costs to understand the accuracy of your cost estimates. Precise cost estimates mean better financial forecasting and planning.
Precisely audit every line-item
Logistics-AI becomes faster and more accurate with each audit so you can reduce invoice errors and never overpay.
Freight document audit
Ensure you have every supporting document required to audit an invoice and that they are accurate/compliant.
Rate engine
Digitize contracts and rate tables to automatically audit invoice rates.
Linehaul + transportation rate audit
Validate that your invoice has the correct rates regardless if it’s contracted pricing, dynamic or
spot rate pricing.
Accessorial audit
Check that your invoice has the correct accessorials and associated discounts.
Service audit
Ensure your invoice has the correct services and associated discounts.
Parcel regional carrier visibility
Provide complete invoice visibility to monitor all regional carriers and identify anomalies.
Threshold variance
Determine what difference between invoiced costs and contracted costs triggers a discrepancy.
Discrepancy explainability
Explain why there is a discrepancy between the invoices and contracted costs.
Great Dane approves 98% of invoices with no touch on Loop
Overall, Loop has changed how Great Dane’s traffic and AP teams do their jobs. By leveraging Loop’s AI-driven audits, Great Dane’s teams can offload work and boost accuracy.
Companies love
working with Loop
Hear what our customers have to say about Loop’s platform and managed services.
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