RateLinx announced a new partnership with ProcessWeaver, a global leader of integrated SAP shipping solutions for businesses worldwide. This partnership extends enhanced freight audit capabilities, supported by RateLinx’s PayLinx product, to ProcessWeaver customers.
“We are excited to begin this collaboration with ProcessWeaver,” says Shannon Vaillancourt, Founder of RateLinx. “PayLinx will be able to deliver clean invoice data back into ProcessWeaver to improve the freight audit processes for its customers.”
Shippers want to improve their logistics performance by focusing on value-added work, accelerated payment processes, and improved carrier relationships. This partnership will provide integration to reduce non-value-added manual work for ProcessWeaver customers by handling exceptions automatically and delivering a $0 rate tolerance. With real-time access to invoicing data and management, the offering will add accurate month-end accrual, predictable monthly financials, and automated general ledger coding. In addition, PayLinx will give enhanced financial reporting and analytics for customers.
Fast implementation in 45 days or less, without the need for internal IT resources, makes the PayLinx integration seamless for customers. Cleansed and standardized invoice data is integrated into ProcessWeaver. PayLinx provides automated GL coding, multiple currencies, and accurate accrual reporting from the shipment record to accommodate any ProcessWeaver customer’s unique requirements.
According to David Vannoy, Executive Vice President of ProcessWeaver, “Our new partnership with RateLinx allows ProcessWeaver to extend the current capability of our freight auditing and analytics functionality by including critical services and additional analytics that both our customers and the marketplace have deemed essential.”