Navix Collaborates with Avenue Logistics to Implement Advanced Freight Audit and Billing Solution for Enhanced Operational Efficiency
MINNETONKA, Minn., April 9, 2024 /PRNewswire/ — In a strategic move to streamline freight audit and billing processes, Navix has teamed up with Avenue Logistics, introducing an advanced solution tailored to enhance operational efficiencies and support Avenue’s ambitious growth trajectory. Previously reliant on manual operations within their Transportation Management System (TMS) for invoice auditing and processing, Avenue Logistics faced challenges of inefficiency, increased operational costs, and the need for expanding the workforce to maintain pace with business scaling. Navix’s adoption marks a shift towards an AI-enhanced, software-as-a-service (SaaS) platform, automating Avenue’s freight audit and billing operations, facilitating access to immediate, actionable data for informed decision-making, and fostering growth and profitability.
Patrick O’Connor, CFO of Avenue Logistics, expressed his enthusiasm about the collaboration, stating, “Navix’s forward-thinking technology and dedicated team aligned perfectly with our needs. This partnership promises to propel our growth, streamline our operations, and strengthen our partnerships with customers and carriers alike.”
The logistics sector often grapples with the complexities of freight audit and billing, typically resorting to staff augmentation or outsourcing to manage the workload—a strategy fraught with challenges and inefficiencies. Navix’s innovative approach offers a new paradigm, enabling companies like Avenue to scale effectively while enhancing operational efficiency and nurturing customer and carrier relations.
Eric Krueger, Co-Founder and CEO of Navix, highlighted the transformative potential of this alliance, “Our collaboration with Avenue Logistics exemplifies the innovative and transformative solutions we’re introducing to the freight sector. We’re confident that Avenue Logistics will join the ranks of our clients who have realized significant growth and operational advancements through our partnership.”
About Navix
Navix revolutionizes freight audit and billing for freight brokers and 3PLs by leveraging automation for immediate impact. The platform significantly reduces Days Sales Outstanding (DSO) by at least three days, enhancing cash flow for reinvestment. Employing machine learning and AI, Navix instantly identifies discrepancies, facilitates autonomous resolutions, and simplifies dispute processes, obviating the need for manual document searches. This technological advancement empowers employees to focus on strategic growth initiatives, driving business expansion and efficiency.
