Unlock profit with great freight spend management
Disconnected documents and fragmented data hurts decision quality. Extract, standardize and centralize all freight data to make the most of your transportation budget.
Get control of your freight spend
Loop’s data helps shippers understand their costs through multiple dimensions across their network. So your transportation and finance teams improve their decision quality
Centralize supply chain and spend data
Unify shipment and spend data, regardless of format and source, to monitor performance and uncover anomalies.
Stop overpaying carrier invoices
Eliminate unnecessary losses by accurately auditing every invoice with 100% financial compliance.
Transform your workforce
Automate repetitive, time-consuming tasks with logistics-AI and up-level your team from processors to analysts.
Be the shipper of choice
Strengthen carrier relationships with improved transparency and efficiency that unlocks quick pay.
Centralize supply chain and spend data
The supply chain is filled with documents that have different structures, formats, and unique names. A photo of a BOL? Classic. A hand written receipt? The norm.
Making sense of your transportation and spend data is a nightmare.
Logistics-AI easily ingests all data sources and formats, then categorizes, extracts, and standardizes it. Complete network spend visibility strengthens control and decision quality.
Stop overpaying carrier invoices
Confusing contracts, complex rate tables, and messy invoices can be overwhelming. Luckily, validating your invoiced costs vs. your expected rates has never been easier.
Loop’s logistics-AI audits rate, service, or accessorial charges so you can audit 99% of invoices with no touch and 100% financial compliance. When discrepancies arise Loop explains the issue so you can streamline resolution.
Transform your workforce
No one likes to number crunch or manually input data. Give your team back hours, or days, by letting Loop make billing decisions for you.
With Loop you can focus your team on more strategic projects, like analyzing your network to find redundancies, building great carrier relationships, and figuring out how to deliver better customer service at a lower cost.
Be the shipper of choice
Give carriers the lifeline they need to operate with accurate and timely payments.
Uncover carrier inaccuracies and fix the structural issues to improve carrier compliance. Streamline your and your carriers work to unlock better collaboration and revenue driving quick pay.
Unlock revenue with freight spend management
You need clean and organized supply chain and financial data to evaluate the tradeoff between service and costs. Get control of your freight spend, automate work, and optimize your team, carrier, and contract performance.
Flexible integration
Onboard by simply emailing CSV, JSON, JPG, JPEG, PDF, PNG or connecting API and EDI feeds.
Document extraction
Extract and validate data with logistics-AI to ensure compliance.
Data transformation
Contextualize, categorize, standardize, and link each data point across documents to get complete visibility.
Freight audit
Execute document, service, and rate audits to ensure accurate validation of all charges.
Freight pay
Pay how and when you want to pay, every time. Be a shipper of choice by automating on-time payments and offering quick pay.
Cost management
Track costs at line-item level and in aggregate across shipment, lane, carrier, accessorial, and SKUs. Automate cost allocation and configure as needed.
Self-serve analytics
Analyze data across carrier, accessorial, volume, spend, fuel, lane, state, services, zip, etc. in aggregate and at the line-item level.
Scenario planning
Out of the box analyses ensure the right carrier/discounts for the right lane, volume, region, and service type.
Make the most of your money management
The supply chain is fragmented and complex - meaning friction - which traps capital. Logistics-AI eliminates this friction so your team, carriers, and network can continually improve their performance and their cost-to-serve.
Is your freight spend management in the 1980s, 2000s, or 2020s?
Today’s transportation and finance teams deal with more challenges than ever yet they are STILL handling their freight spend management the same way they did 30+ years ago.
LTL and FTL shippers love working with Loop
But don’t just take it from us, hear what our customers are saying.
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Frequently asked questions
Unlock profit trapped in your supply chain.
Chat with our team of supply chain and automation experts to get started today.