How PROSOCO Automated Freight Settlements With Shipwell

Before Shipwell, PROSOCO's freight settlement process ran entirely on manual effort, with Jerry Jones coordinating invoice reconciliation by hand with his finance team on every load. Now, carriers submit invoices via EDI 210, Shipwell's Settlement functionality automatically matches them against the rate confirmation, and approved invoices move to payment in less than a week. Jerry calls the ERP integration the best return on investment the team has made in the platform.

Video Transcript

[0:00] We are totally integrated with Shipwell through our ERP, and it has saved our organization so much time and effort. The whole system, hands down — and that integration has been the best return on investment we've made in the platform.

[0:15] Prior to being on the Shipwell platform, our settlement process was a total manual process between myself and my finance department.

[0:25] So we have an ROI right off the bat with settlement. It allows my carriers to EDI 210 the invoice, and as long as that invoice matches the rate con, it sweeps it and approves it for automatic payment. My finance department picks it up, and my carriers are paid within less than a week.

[0:46] It's a win-win for all people.