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CloudTrade launches solution for Logistics sector

Wednesday 18th August, 2021

CloudTrade has announced the launch of FreightDocs, a bespoke, cloud-based, plug and play data capture solution tailor-made for processing freight and logistics documents.

FreightDocs enables touchless processing of all types of freight and logistics documents, including freight invoices, freight bills, bills of lading (BOL’s), statements, goods receipt notes, and consignment notes.

With a network of top global carriers already live, the new solution speeds up onboarding and increases adoption by matching a business’s top transacting carriers to its set of preconfigured models, which can be modified to fit a business’s specific data formatting requirements. Enabling freight auditors, TMS providers, 3PL’s, freight forward operators and payment providers to extract, validate and convert data from hundreds of documents, and upload clean and structured data into their existing transport management software (TMS) system quickly and efficiently. 

Heidi Calamusa, VP of Business Development for Freight Management, Inc., says: “My team and I manage and process over 220,000 freight and logistics documents for our customers every year, and FreightDocs plays a key role in our ability to maintain and grow our offer. Not only does CloudTrade’s solution provide us with a touchless, automated solution; but the level of accuracy, across all types of documentation, is without equal. The fact that so many customer / carrier combinations already exist on the network speeds up on-boarding for the entire ecosystem too.”

FreightDocs builds on CloudTrade for Logistics, a freight invoice platform, which enables carriers to overcome inefficient methods of freight invoice processing and transact digitally with their trading partners, regardless of their size or technical maturity.

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