Freight Billing

Elixia’s Freight Billing streamlines your entire accounts payable process with AI-driven automation and OCR-enabled invoice processing. Get annual tendering capabilities, with automated three-way reconciliation of all invoices to speed up approvals, and in-depth insights of trends and patterns in your freight spends for cost savings

AI-Powered Billing Through OCR

Automate invoice processing with OCR, ensuring accurate data capture without manual intervention. Track vendor bills and spend forecasts in real time, speed up approvals, and gain clear financial insights. Reduce delays, prevent errors, and streamline vendor payments effortlessly

Annual Tendering and Rate Engine

Invite RFQs and store bids in the system through our annual tendering capability. All existing and new contracts with any level of complexity can be easily stored in our rate engine for easy approvals and significant reduction in the reconciliation process

Automated Reconciliation

Experience the power of an automated 3-way reconciliation tool that approves vendor freight invoices on the go, comparing the actual invoices with the contracted rates in real time while ensuring all supporting documents are in order. Makes the reconciliation and invoice approval process super-fast and seamless

Insightful Analytics and Spend Forecast

Measure and manage key metrics like rate per ton, rate per kilometre, approval timelines, spend split of your entire logistics cost down the last detail through interactive dashboards. Keep a constant tab on your actual expense compared to your budgeted expense and get real time nudges in case of exceptions for immediate corrections giving you unmatched insights and control over cost

Benefits

OCR Capability To make your billing AI-powered

Auto-Reconciliation Of all invoices for unmatched efficiency

Cost Savings Through annual tendering with a vast pool of vendors

Rate Engine To store all your complex vendor contracts

Effort Reduction Man-hour savings due to auto reconciliation and approvals

Cost Control Through unmatched insights on your freight spend patterns