Minnetonka, MN, October 30th, 2024 – Navix has partnered with Yellow Diamond Logistics to implement freight audit automation solutions that will help drive efficiency. Yellow Diamond, a growing $45M+ third-party-logistics provider based in Eagan, MG, offers a full menu of Domestic shipping options as well as International air and ocean and was named one of Inc.’s 5000 America’s Fastest Growing Private Companies in 2024. Through this partnership, Yellow Diamond will be able to scale their business without the need for additional headcount and will aim to reduce dependency on their BPO, leading to increased cost savings.
With Navix’s AI powered, intuitive, software-as-a-service platform, the Yellow Diamond team will be able to improve visibility into their invoicing exceptions and discrepancies and provide real-time data to make more informed business decisions.
“Navix’s technology strengthens our ability to deliver on ‘The Yellow Diamond Way’ for our valued clients and partner carriers,” said Jason Mansur, CEO of Yellow Diamond. “It’s highly customizable business rules provide a significant advantage in our billing process. We chose Navix for its innovative approach to carrier connectivity and its ability to quickly identify the root causes of exceptions, allowing us to tailor business rules for more efficient resolution, benefiting both our carriers and clients.”
The freight industry has been challenged by the freight audit and invoicing process for years. With Navix, companies like Yellow Diamond are realizing that there is a new solution that can scale profitably, improve their operational efficiency, and improve their customer and carrier relationships.
“Our partnership with Yellow Diamond Logistics is another example of how Navix is helping transform the freight industry,” said Eric Krueger, Co-Founder and CEO of Navix. “We are excited to watch how our solution enables them to scale profitably, optimize cash flow and improve their customer and carrier relationships.”
About Navix
Navix automates freight audit & invoicing for freight brokers and 3PLs easily and delivers results immediately. Navix reduces the order-to-cash cycle by a minimum of 3 days, which improves cash flow that can be re-invested in your organization. Navix uses machine learning and AI to flag errors instantly and enable auto resolutions, and easy disputes without having to search for a single pdf, invoice, or document. This enables workers to perform more efficiently and effectively and allows them to focus on the growth of their business. For more information, visit https://www.navix.io.
About Yellow Diamond
Yellow Diamond strives to provide the most elite service in the industry, around the clock. We focus on expedited shipments with a goal of a 99% on time rate. We offer sprinter vans, 26′ straight trucks, 53′ Van/Flat/Reefer. We can outfit the trucks with TSA approved drivers for moving screened and unscreened freight to and from every airport in the United States. Yellow Diamond strives to be the number one partner of Air Import/Export forwarders by providing access to an unprecedented number of quality TSA drivers. We build our business around helping the most demanding clients in this high-paced industry. Yellow Diamond continues to grow with its group of top-tier freight forwarder customers. For more information, visit https://www.yellowdiamondconsulting.com/
Press contact:
Eric Krueger
eric@navix.io