AP Automation for Logistics Companies

Auto-steer your supplier payments and improve your expense mileage

ClearTech automates accounts payable and with deep insights into your invoices helps measure and control how much you pay

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Unmatched visibility into your expenses with deep invoice insights

As a growing logistics business, focus on the efficiency of your supply chain and let your costs and payables be taken care of on autopilot

Automate manual tasks and focus on your core business

Boost efficiency and eliminate the busy work with touchless invoice processing and global payables management

Guaranteed ROI with savings on your services and supplies

Spend the right amount with your vendors, open up volume discounts and identify leakages so you can do more for your mission

Your integrated platform for all vendor payments

Manage all vendor spend and pay them on your terms using their preferred payment method from a single integrated platform

Our Products

How logistics businesses can save $100K

Enable touchless invoice processing with smart OCR, advanced approvals and payments across 120+ countries

Issue pre-loaded cards for specific projects or for specified amounts, durations or even specific transactions and sync directly with your ERP

Identify opportunities to save money by optimizing service costs and plugging leakages with smart, real-time insights

Enable touchless invoice processing with smart OCR, advanced approvals and payments across 120+ countries

Issue pre-loaded cards for specific projects or for specified amounts, durations or even specific transactions and sync directly with your ERP

Identify opportunities to save money by optimizing service costs and plugging leakages with smart, real-time insights

Benefits of AP Automation Software for Logistics

Centralize procure-to-pay processes

With facilities and sites spread across several regions and states, each with its own sets of vendors, controlling spend for transportation and logistics companies is a challenge. ClearTech enables you to centralize invoice processing and payments seamlessly.

Visibility into core spend drivers

With ClearTech, you can get deep insights into your core spend drivers. Our AI-based algorithms analyze large data sets to identify historical patterns. This can help uncover areas of overspending, provide real-time visibility, and help plan cash flows better.

Improve supplier relationships

As the logistics sector grows, ClearTech’s AP Automation solutions help companies handle increasing invoice volumes and make payments using the supplier’s preferred mode. This improves relationships and makes supplier retention easier.

Higher payment accuracy

ClearTech’s AP automation software automatically checks invoice rates against the purchase order or contract to verify the accuracy. With built-in intelligence, it detects and alerts you against any duplicate invoices, thereby preventing excess payouts.

Eliminate paper and save costs

With ClearTech, all supplier bills are directly mailed or uploaded for instant data extraction. AP teams no longer need to deal with physical stacks of paper or pass checks and invoices around for signatures and approvals.

Integrate with existing systems

ClearTech’s Accounts Payable solution integrates with leading accounting systems and ERPs. With pre-built connectors and custom integrations, ClearTech gets you up and running in a matter of days, not months.

ClearTech integrates with your Accounting System

intuit QuickbooksMicrosoft Dynamics 365 Sage IntacctOracle Netsuite

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AP automation for your team?

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FAQs

What is AP automation for logistics companies?

AP automation helps logistics companies streamline invoice processing and payments. It enables touching invoice processing from invoice data capture, to coding, approval routing and payments thereby reducing processing time and fastracking month-end book closing.

Why do logistics companies need AP automation?

As margins decrease and supply chains become increasingly volatile, transportation and logistics companies need to utilize accounts payable automation to move away from paper based processes and reduce costs. Accounts payable automation solutions like ClearTech helps these companies improve productivity and also take advantage of early-payment discounts.

Can AP automation integrate with existing logistics software and ERP systems?

It is important to select an AP automation solution that connects with your existing accounting system and sync all invoice and payment data. ClearTech's pre-built connectors for popular accounting systems along with custom integrations enable you to go-live and realize value much faster.

How long does it take to implement AP automation for a logistics company?

Most traditional AP automation solutions take anywhere between 6 weeks to 6 months for implementation. ClearTech however enables you to go-live much faster with pre-built connectors for most accounting systems and ERPs.

What is the typical ROI for AP automation in logistics companies?

The ROI for AP automation varies based on your company's scale, FTE costs and degree of automation. The ROI of AP automation is derived from the productivity benefits as well as by reducing errors in invoice processing and supplier payments.

What are the common challenges in implementing AP automation for logistics companies?

With hundreds or even thousands of suppliers and invoices, logistics companies may face challenges in ensuring accuracy of data extraction. ClearTech utilizes the power of machine learning along with human support to guarantee 100% accurate data extraction and help overcome this common challenge.

How can I get started with implementing Cleartech AP automation software for my logistics company?

ClearTech's implementation for your logistics company can be done in as little as a few days but can vary depending on the complexity of your accounting system setup, the scale of your organization and other factors. Reach out us for more information and a free product demo.