Minnetonka, MN, January 28th, 2025 – Wicker Park Logistics, a Chicago-based 3PL has chosen Navix to implement automated freight audit and invoicing solutions for their growing FTL and LTL portfolio. Under this new partnership, Navix will help Wicker Park to reduce time-consuming manual back-office tasks and reduce days-to-bill to help bolster working capital.
By implementing AI and machine learning technologies, carrier documents can now autonomously be ingested directly into the TMS – without the need to manually fetch documents attached to emails or other sources. Additionally, the Navix system can read each document and classify the document type and the content within to deliver a structured data set that can then be used downstream to verify the accuracy of the rate and generate accurate invoices. Through this process, a majority of carrier invoices can be auto-approved without the need for any human oversight at all. And with Dispute Management tools in place, the Wicker Park team can now easily initiate a resolution process with their vendors.
As proponents of tech adoption, this investment in automation by Wicker Park is the latest initiative to bring further value to our customers and our own teams,” says Michael Coglianese, CFO of Wicker Park. “Navix has helped to create a streamlined invoicing process that helps shift resources to our core service offerings and helps strengthen our carrier relationships.”
These automated solutions create a much faster days-to-bill metric which, in turn, leads to faster and more accurate customer invoicing that contributes directly to the bottom line by means of increased working capital for Wicker Park. And since Navix is developed to scale with explosive growth, Wicker Park will be able to maintain audit operations for years to come without the need for additional headcount.
“We are proud to be a part of Wicker Park’s growth and ambitions in 2025,” says Eric Krueger, CEO of Navix. “By leveraging invoice automation to its fullest, Wicker Park is in a great position to focus on their core service strengths and offer even greater transparency to their loyal customer base. By lowering their DSO (Days Sales Outstanding), the anticipated added working capital will go a long way in helping to achieve their growth goals.”
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 Wicker Park
Since opening its doors in 2021, Chicago-based Wicker Park Logistics has been guided by two principal objectives when it comes to laying the foundation for lasting business partnerships with its customers. The first is to provide a guaranteed commitment to servicing all the transportation needs of shippers and freight forwarders. The second objective involves creating a model of transparency, providing excellent professional communication at all times, and providing customers with real-time visibility on all shipments throughout their supply chains. This approach has helped Wicker Park Logistics quickly gain a reputation among transportation leaders as a highly respected and dependable service provider focused on the unique operational requirements of its customers. For more information, visit https://wickerparklogistics.com/
Press contact:
Eric Krueger
eric@navix.io