Gain 100% visibility on freight spends
Freight audit and payment doesn't have to be a black box! Catch invoice errors instantly and ensure 5-6% added value by identifying duplication, incorrect rates, or shipment details through simplified, digitalized and audit-compliant freight reconciliation.
Agile supply chains are powered by Pando
Freight Audit & Payment made easy with Pando
Meet Joseph
Head of Logistics for a Fortune 1000 Enterprise
Joseph needs to coordinate hundreds of payment between his 40 domestic carriers, 23 freight forwarders and 14 courier vendors. His biggest challenge is that the team checking the invoices and the team generating the payments are not in sync leaving room for errors.
Meet Joseph
Head of Logistics for a Fortune 1000 Enterprise
Joseph needs to coordinate hundreds of payment between his 40 domestic carriers, 23 freight forwarders and 14 courier vendors. His biggest challenge is that the team checking the invoices and the team generating the payments are not in sync leaving room for errors.
There's a lot of back-and-forth between our team and carriers in order to verify and raise invoices. This ends up delaying payments.
Enable self-billing by carriers & freight forwarders
Automatically generate invoices for every shipment and allow your carriers to check, verify and raise invoices at the click of a button.
Our purchase orders often lack accuracy as we're unable to get a good read on the budgets ahead of shipment.
Accurately estimate purchase order values before dispatch
Pre-calculate budget estimations before actual shipment in order to ensure accurate purchase order value forecasting. Easily handle exceptions and budget overruns in your POs within our solution.
Our invoices come to us in a variety of different formats making it hard to keep track of them all.
Shift to 100% digitized documentation to maintain a complete record of invoices
Enable carrier-portal invoice generation with seamless integrations for invoice pull, and AI-enabled OCR to help ensure 100% digitization of invoices compiled within a single repository. Ensure data completeness of all your invoices and seamlessly handle exceptions for incomplete invoices. Automate invoice rejections and carrier communications.
We only audit a fraction of our invoices because of the complexity and effort involved in checking them.
Enable 4-way matching of invoices to ensure high First Time Match Rates
Automatically compare invoices against complex rate contracts, freight purchase orders, Proof of Delivery (PoD) documentation and transaction details with the help of our embedded freight estimation engine.
Although our carriers are a major part of our freight audit and reconciliation process, they often have zero visibility into the process. As a result, my team is often fielding inquiries about the status of their payments.
Provide carriers with real-time visibility into invoicing & payments
Give carriers real-time visibility into invoice status and automate collaboration for unmatched invoices (post 4-way matching). Provide a clear status tracker on invoice payment and debit note recovery.
Post-payment audit can at times be the most complex and time-consuming part of the freight audit process! So many parts of it are entirely manual for us at the moment.
Streamline recoveries by automating anomaly detections & carrier debit calculations
Automate post-payment freight audit - anomaly detections and carrier debit calculations - for 100% of your invoices. Collaborate with your finance team in order to create and manage debit notes as well as oversee recovery.
It's a time-consuming and exhaustive process to try and keep track of all the payments we're making, which vendors we're making them to, and why we're making them.
Get real-time visibility into freight spend analytics
Understand how much you are really spending on freight on a customer, product, business unit, carrier, lane, and facility level. Automate freight provisioning to General Ledgers based on different parameters. Enable specific forecasting around when invoices will be billed, what regions will be billed, what the freight costs will be for each SKU, etc.
Experience the Pando Advantage
Unified teams fulfill dreams
Discover how your team can benefit from a modern, end-to-end unified Fulfillment Cloud.
Pando is loved by...
One touch integrations
Plug and play APIs to integrate seamlessly with enterprise ERPs, carrier systems, IoT devices, and other solutions in your business.
World-class security
Enterprise-grade platform with access rights management, data security, mobility, document management, and a data lake.
Effortless UX
Intuitive, network-first user experience that drives speedy adoption across your supply chain network.
Unified master data
Master data management across all your vendors, carriers, facilities, SKUs, and customers in one place.
Immediate ROI
Reduce freight costs by 12-14% within two quarters post-implementation.
Simplify freight audit & payment
Enable strict control over base and accessorial freight through our unified platform.
Currency & tax control
Unlock automatic currency conversion and global tax compliance for freight.
Better PO accuracy
Modular solutions backed by our powerful unified platform allow for better control for direct materials, inbound and outbound freight.
Simplify order coordination
Say goodbye to coordination between distribution center teams and customers for order visibility. You just need to send a magic link on dispatch!
Recognize revenue faster
Quicker dispatches and faster deliveries means shorter order-to-cash cycles.
Better customer service
Ensure real-time end-to-end visibility and ETA availability for customers.
Reliable deliveries with On-Time In-Full assurance
Improve service level adherence by 21% with streamlined order fulfillment.
Real-time visibility
Benefit from availability of shipment status and ETA from time of order until delivery.
Data-backed resolution across delivery issues
Time-stamp each activity from dispatch to delivery and enable closed loop availability of audit trail for all deliveries.
Real-time communication
Online communication of shipment creation, modifications, and spot RFQs for easy coordination with shipper.
Easy & accurate invoicing
Unlock access to automated rate calculations for each shipment that tie back to contracts.
Faster payments
Reduce payment cycles to less than 15 days from shipment execution.
Streamlined business
Digitization of all transactions removing human errors and inefficiencies.
Increased inclusivity into shipper's business
Enhance supplier collaboration from PO creation until delivery realization.
Simplify dispatch process
Provide real-time visibility to suppliers with regard to pickup schedules, carrier information, and driver details for coordinated handover.
Easy resolution across supply issues
Time-stamp each activity from pick up to delivery at shipper's location with a reliable audit trail.
“We had three requirements in selecting a platform: it needed to plug-in to our evolving cloud and IT infrastructure, it needed to scale with our business, and it needed to provide rapid value realization. Pando was a great choice for us as they checked all our boxes!”
Neha Parekh - Director - Supply Chain, Nivea
Neha Parekh
Director - Supply Chain, Nivea
“We had three requirements in selecting a platform: it needed to plug-in to our evolving cloud and IT infrastructure, it needed to scale with our business, and it needed to provide rapid value realization. Pando was a great choice for us as they checked all our boxes!”
“Castrol has always kept sustainability at the core of its business. As we built the digital transformation strategy for our supply chain, we felt the need to collaborate with a partner who understood our organizations’ philosophy, operational complexities, and transformation objectives. By bringing in world-class technology, industry best practices and the right talent, Pando became our partner of choice and enabled us to achieve our goals and advance further into the journey.”
Mayank Pandey - Wholetime Director - Supply Chain, Castrol India Limited
Mayank Pandey
Wholetime Director - Supply Chain, Castrol India Limited
“Castrol has always kept sustainability at the core of its business. As we built the digital transformation strategy for our supply chain, we felt the need to collaborate with a partner who understood our organizations’ philosophy, operational complexities, and transformation objectives. By bringing in world-class technology, industry best practices and the right talent, Pando became our partner of choice and enabled us to achieve our goals and advance further into the journey.”
"We were looking for a unified platform as we have multiple businesses of different kinds - B2B and B2C. We wanted to be able to keep track of our end-to-end value chain on this platform and provide a multichannel interface to all our internal and external logistics stakeholders. We needed a modular solution that was scalable and we were hoping to leverage advanced analytics from all the data we were generating on the platform. Pando was the right fit for our requirements."
Poorav Sheth - Chief Digital Officer, Godrej & Boyce
Poorav Sheth
Chief Digital Officer, Godrej & Boyce
"We were looking for a unified platform as we have multiple businesses of different kinds - B2B and B2C. We wanted to be able to keep track of our end-to-end value chain on this platform and provide a multichannel interface to all our internal and external logistics stakeholders. We needed a modular solution that was scalable and we were hoping to leverage advanced analytics from all the data we were generating on the platform. Pando was the right fit for our requirements."
“I love the product and the Pando team is always there to support Marico. They have a high bias for action.”
Jivraj Papdiwal - Head - Logistics, Warehousing & Customer Service, Marico
Jivraj Papdiwal
Head - Logistics, Warehousing & Customer Service, Marico
“I love the product and the Pando team is always there to support Marico. They have a high bias for action.”
"Pando’s implementation in GCPL was one of the smoothest we’ve ever had - to onboard so many people in such a short time was incredible to see. I think the team at Pando worked hard to ensure a smooth rollout, and the product itself has been fantastic for our organization. We look forward to growing with Pando in the future."
Sanchit Bhatnagar - Deputy General Manager - Distribution Planning, Godrej Consumer Products
Sanchit Bhatnagar
Deputy General Manager - Distribution Planning, Godrej Consumer Products
"Pando’s implementation in GCPL was one of the smoothest we’ve ever had - to onboard so many people in such a short time was incredible to see. I think the team at Pando worked hard to ensure a smooth rollout, and the product itself has been fantastic for our organization. We look forward to growing with Pando in the future."
Recommended by global consulting & technology companies
You might also be interested in...
Why Pando?
Why do Fortune 500 enterprises like Perfetti Van Melle, Johnson & Johnson, Castrol BP and more trust Pando?
Join Crossroads
Crossroads is an exclusive community for supply chain leaders to learn from each other, celebrate successes and grow together.
