Cloud software companies AEB SE and SHIPSTA have partnered to offer shippers an end-to-end solution for digital freight cost management. The integration between best-of-breed freight procurement platform SHIPSTA and freight settlement solution provider AEB allows logistics teams to rapidly digitise the entire freight cost management process chain in order to eliminate manual processes, unlock cost-savings and improve visibility.
Amid extreme volatility and capacity shortages in the shipping industry, logistics teams are under enormous pressure to control costs. However, a dependence on manual processes and disconnected systems makes it difficult for businesses to manage freight spend effectively and cost-saving initiatives often incur a considerable administrative burden.
The complete procure-to-pay offering from AEB and SHIPSTA brings together the trusted products of two best-of-breed cloud software companies so logistics teams can rapidly digitise all of their freight cost management processes. The benefits of this combined procure-to-pay solution include greatly accelerated procurement and RFQs, simple freight cost calculations, fully automated invoice auditing and instant visibility of costs, rates, and shipping volumes.
SHIPSTA has rapidly emerged as the platform-of-choice for digital freight procurement. Launched in 2019, its customers already include some of the world’s largest chemicals, pharmaceuticals and automotive companies. Meanwhile AEB software supports the global trade and logistics processes of 5,500 businesses across 80 countries.
“Every transport service provider has its own rates and cost models, so calculating freight costs and checking freight invoices for accuracy is not only very time-consuming, it’s also highly error-prone. Our solution allows businesses to largely automate these processes and there is often enormous potential for cost savings,” explains Christel Mittelbach, a product manager at AEB. “The partnership between AEB and SHIPSTA is already bearing fruit and the experience on the ground has been entirely positive.”
“At SHIPSTA we are committed to making our platform as powerful and accessible as possible for logistics teams. As such, we are delighted to be partnering with a leader in freight settlement software to offer a complete and fully integrated solution for digital freight cost management,” comments Christian Wilhelm, Founder at SHIPSTA.
