Transport & Logistics
Driving revenue and delivering improved cash performance
Transport & Logistics firms typically have many clients, low margins and high volumes of invoices – making it difficult to understand and monitor customer payment behavior patterns. In a competitive sector, winning new clients is tough, so you need a streamlined Order-to-Cash platform by your side to help you boost customer retention, drive revenue generation, and improve profitability.
By implementing Sidetrade’s Augmented Cash platform, you can leverage the benefits of AI to gain better control of payment terms, improve collection and settle disputes faster, to help you accelerate cash and improve working capital.
Explore Sidetrade’s data: Transport & Logistics
Sidetrade’s AI-powered Augmented Cash platform is built on rich and plentiful business data, gathered across all B2B industries and spanning over 21 years of transactions. Our AI, Aimie, is able to accurately predict payment behavior of your buyers and recommend collection strategies based on these industry insights. Here’s a breakdown of the data we’ve gathered for the transport & logistics sector:
Value of B2B transactions
Organizations using the Sidetrade platform
Sidetrade’s Transport and Logistics Customers include…
- Professionalize your Credit Control team with technology
- Collect outstanding fees faster and minimize bad debt
- Expedite sales order and invoice processing
- Increase customer satisfaction through swifter dispute handling
- Break down barriers between partners, operational and finance team
Sidetrade manages your order-to-cash process by automating key tasks and benchmarking how your customers pay against the wider industry. AI assistant Aimie proposes the most effective actions for setting credit terms, chasing payment and collecting cash rapidly. With many Transport & Logistics clients on different contract terms and SLAs, Aimie uses sophisticated automation and digital letters to service the high volume of low value invoices, leaving your Credit Management professionals to focus on the strategic customer accounts. Overall this can accelerate cash flow and reduce credit risk.