Trax Group Inc. provides cloud-based solutions and services to automate and manage freight invoice audit and payment processing for buyers and sellers of logistics services. The Trax platform enables companies to optimize supply chain performance through greater visibility into their logistics ecosystem and predictive analytics based on over 1 billion logistics transactions across all industries, modes and countries. Trax operates on a global scale with offices in the U.S., Latin America, Asia and Europe.HistoryTrax Facts • Founded in 1993, completely self-capitalized, no debt • Our customers are some of the largest companies in the world. Two are among the “Fortune 10” • We process as many as 1 million transactions per week (49.7 million/year), in multiple currencies, units of measure and languages • 98.9% of all transactions received are processed electronically, more than any other firm in the industry • We process transactions from 196 countries • We pay in more than 11 currencies • Electronic data connections with more than 350 transportation companies (adding seven more every month) • We provide the fastest and most detailed information on transactions in the industry • Unprecedented Audit Trail: Every action is tracked, all decisions are logged and every rule or individual that approves a transaction is recordedProduct & ServicesTrax Services • Freight payment and audit • Accruals • Self-invoicing • Data purification • Data Refinery •Data warehousing with detailed, fast web access • ASN, shipment status, purchase orders, sales orders, receivers, bills of lading, etc. • EDI data gateway and transformation
Trax Group Inc. provides cloud-based solutions and services to automate and manage freight invoice audit and payment processing for buyers and sellers of logistics services. The Trax platform enables companies to optimize supply chain performance through greater visibility into their logistics ecosystem and predictive analytics based on over 1 billion logistics transactions across all industries, modes and countries. Trax operates on a global scale with offices in the U.S., Latin America, Asia and Europe.HistoryTrax Facts • Founded in 1993, completely self-capitalized, no debt • Our customers are some of the largest companies in the world. Two are among the “Fortune 10” • We process as many as 1 million transactions per week (49.7 million/year), in multiple currencies, units of measure and languages • 98.9% of all transactions received are processed electronically, more than any other firm in the industry • We process transactions from 196 countries • We pay in more than 11 currencies • Electronic data connections with more than 350 transportation companies (adding seven more every month) • We provide the fastest and most detailed information on transactions in the industry • Unprecedented Audit Trail: Every action is tracked, all decisions are logged and every rule or individual that approves a transaction is recordedProduct & ServicesTrax Services • Freight payment and audit • Accruals • Self-invoicing • Data purification • Data Refinery •Data warehousing with detailed, fast web access • ASN, shipment status, purchase orders, sales orders, receivers, bills of lading, etc. • EDI data gateway and transformation
Trax Group Inc. provides cloud-based solutions and services to automate and manage freight invoice audit and payment processing for buyers and sellers of logistics services. The Trax platform enables companies to optimize supply chain performance through greater visibility into their logistics ecosystem and predictive analytics based on over 1 billion logistics transactions across all industries, modes and countries. Trax operates on a global scale with offices in the U.S., Latin America, Asia and Europe.HistoryTrax Facts • Founded in 1993, completely self-capitalized, no debt • Our customers are some of the largest companies in the world. Two are among the “Fortune 10” • We process as many as 1 million transactions per week (49.7 million/year), in multiple currencies, units of measure and languages • 98.9% of all transactions received are processed electronically, more than any other firm in the industry • We process transactions from 196 countries • We pay in more than 11 currencies • Electronic data connections with more than 350 transportation companies (adding seven more every month) • We provide the fastest and most detailed information on transactions in the industry • Unprecedented Audit Trail: Every action is tracked, all decisions are logged and every rule or individual that approves a transaction is recordedProduct & ServicesTrax Services • Freight payment and audit • Accruals • Self-invoicing • Data purification • Data Refinery •Data warehousing with detailed, fast web access • ASN, shipment status, purchase orders, sales orders, receivers, bills of lading, etc. • EDI data gateway and transformation