Transportation Spend Allocation From Trax
To gain better control and attain best in class transportation spend management, seeing beyond basic shipment level data is key. Trax provides a customer-driven and rules-based platform that provides exception resolution, dynamic trace capability and precise allocation—with integration back to customer systems such as ERP.
Allocate your costs and activity down to the business unit, geography, or even SKU level.
Manage Business Rules Flexibly and Efficiently with Table-Driven Technology
Businesses are dynamic and change constantly to meet new demands. Trax’s rules-based cost allocation technology provides a fast and efficient means to create new rules, update tables, and reduce exceptions to keep up with your changing business requirements.
Gain a Deeper Understanding of your Transportation Spending with Shipment, PO & SKU Level Allocation
You cannot manage what you cannot measure. Understanding exactly where your transportation dollars are going is critical. Trax’s advanced cost allocation solution provides shippers with deep visibility to costs, including supporting total delivered cost at the SKU level.
Save Time & Money with New Rule Recommendations
Our technology is supported by operational oversight that provides new rule recommendations that ensure exceptions are kept relatively low. Trax’s cost allocation solution provides a flexible way to manage your spend.
Improve Exception Management with Flexible Search Criteria
Trax’s easy to use portal provides authorized users a means to search for exceptions by shipment, invoice, attribute/reference, and several other shipment characteristics. Users can easily review result sets by shipment summary, or choose to drill down into shipment or even charge level detail.
Resolve One or Multiple Shipment Exceptions Simultaneously
Resolving one or more exceptions is made easy using a multi-shipment update capability that allows users to make changes to several shipments at the same time. Immediate feedback ensures specific errors are identified and easily corrected; streamlining the entire cost allocation process.
Evaluate Rule Coding History & Effectiveness with Trace Capability
Business rules change over time, and often become more complex in an attempt to reduce exceptions and improve cost allocation quality—sometimes leaving users confused as to how shipments are being coded. Trax’s trace utility provides a dynamic trace of all rules used to determine coding values, quickly revealing opportunities for rule improvement or correction.
Eliminate Posting Errors with GL Element & String Validation
Prior to sending any final payment advice information, Trax validates both GL elements as well as the entire GL string to minimize exceptions during the Accounts Payable posting process. Eliminating posting exceptions reduces payment delays and reduces any manual processes that typically occur in processing payables.
Integrate Directly with ERP systems and Eliminate Manual Post Processes
Direct integration with your Accounts Payable platform eliminates manual re-keying, reduces errors, and eliminates payment delays. Trax’s integration team has successfully and seamlessly interfaced with SAP and Oracle ERPs, as well as many other legacy platforms.
Reduce Implementation Timelines
Trax’s integration process provides both format and content flexibility to meet your interface requirements. This flexibility reduces costly IT development time and accelerates the implementation cycle. Our integration team ensures all requirements are met and facilitates the testing and production merge process.
Contact us today to realize measurable savings, gain unprecedented visibility into your transportation spend, and to take control of your most complex and significant spend category, contact Trax today.
Contact a Trax Expert Today!
Transportation Spend Allocation from Trax delivers precise allocation of inbound/outbound costs and activity for greater visibility and control—all while reducing exceptions and processing costs.
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Trax Transportation Spend Management Solution Provides Enhanced Visibility for International Retailer Trax helped a veteran international retailer client realize serious bottom-line transportation spend savings by developing a master data management strategy and putting it to work. Automated data capture, complex SKU-level matching, cost estimation, custom- business intelligence tools—all combined to yield significant transportation spend savings across the company’s entire workflow.Read More - Trax’s Sourcing and Contract Optimization Services Help a Global Pharmaceutical Company Unlock Savings Combining deep transportation spend expertise with robust analytics, Trax Sourcing services delivered a comprehensive sourcing project, post bid analysis and negotiation assistance that enabled the client to meet their objectives.Read More
- Trax Helps Global Consumer Goods Company Zero-in on Freight-cost Estimates Trax streamlined an inefficient system of third-party logistics providers and freight forwarders into a unified purchase order feed for enhanced visibility into inbound freight costs. Our solution enabled the company to see estimated spend costs by the second day of the following month—a variance reduction from 40% to 2%! And that was only the...Read More
- Trax Cost-Allocation Process Automation Helps Global Athletic Retailer Discover Savings Trax conducted a complex cost allocation analysis across multiple product lines, divisions, groups and departments for a global athletic retailer; an effort that spawned significant labor-reducing automation opportunities; a dynamic, customized, rules-based, table-driven coding engine; and an automated coding process for millions of shipments now enjoying an exception rate of less than 2%!Read More
- Trax Provides Best-in-Class Customer Service to Maintain Brand Loyalty for North American Retailer Trax helped to resolve a significant holiday season shipping bottleneck that existed with third-party parcel delivery companies for a major retailer client. By uniting shipping activity into a single platform regardless of shipping source or location, Trax helped the client realize 24-hour outbound shipment visibility with an enhanced ability to mitigate package delivery exceptions.Read More
- Trax Inbound Supplier Compliance Solution Helps Wireless Provider Connect to Savings When a wireless provider sensed major inefficiencies in their new vendor compliance process, they called on Trax to take a closer look. We created a role-based portal that reduced manual processes, automated messages, designed new reporting functionality and integrated contract compliance—resulting in savings across the board in dock scheduling, warehouse detention and real-time information...Read More