
TraxTech Rate Control Complete optimizes rate management, ensuring real-time visibility, automated workflows, and data-driven insights for global supply chains.
Vendor
Trax Technologies
Company Website
TraxTech Rate Control Complete is a software solution designed to optimize rate management for global supply chains. It provides real-time visibility into all contracted rates, centralizes the rate management process, and reduces risks associated with rate volatility and fragmented data. The platform supports both contract and spot rate workflows, ensuring that all rates are up-to-date and conform to data requirements for audit, procurement, and operations.
Key Features
Real-Time Visibility Provides real-time global visibility into contracted rates.
- Market, mode, region, and carrier-specific insights
- Centralized rate management
Automated Workflows Streamlines rate management processes with automation.
- Automated expiration alerts
- Seamless integration with in-house systems
Data Normalization Ensures consistency and accuracy of rate data.
- Normalizes data down to charge and lane levels
- Facilitates better decision-making
Collaborative Environment Enhances communication between shippers and carriers.
- Shared access to all rates
- Transparent rate management
Benefits
Operational Efficiency Improves efficiency by automating rate management processes.
- Reduces manual effort
- Increases productivity
Cost Savings Helps manage and reduce transportation costs.
- Optimizes rate management
- Prevents overpayments
Risk Management Minimizes risks associated with rate volatility and data fragmentation.
- Ensures accurate and up-to-date rates
- Enhances decision-making