Solution · Freight forwarding and 3PL
One record whether the truck is yours or hired in.
Forwarders and 3PLs juggle their own trucks, subcontractors and many customers. Corvex keeps cost, margin and invoicing straight on every shipment.
The challenge
Where this business loses money.
Forwarders, clearing agents and third-party logistics providers.
Subcontractor cost arrives late
A hired truck is only costed when its bill turns up, so margin is a guess.
Many customers, many terms
Each customer has different rates, currencies and payment terms.
Invoice runs take days
Month-end invoicing is a manual job across many shipments.
How Corvex helps
The modules that matter most here.
What changes
Before and with Corvex.
| Before | With Corvex |
|---|---|
| Hired-truck cost found late | Hired cost on the trip from the start |
| Customer terms in spreadsheets | Terms applied when the load is booked |
| Manual invoice runs | Invoices from delivered trips |
| Margin by customer unknown | Margin by customer on request |