Minnetonka, MN, December 26th, 2024 – Navix, a leader in AI freight audit automation, is excited to announce its new partnership with TextLocate, a pioneer in automated technology that provides seamless real-time communication with truck drivers via SMS and an integrated messaging portal. This strategic alliance is set to drive substantial efficiency for Navix customers by shortening the days-to-bill metric and allowing for prompter invoicing. This technology, coupled with faster invoice discrepancy resolution that utilizes Navix’s dispute workflow process, will help drive results faster than ever.
This integration will allow the Navix AI process to instantly ingest and classify documents, such as a POD, from the driver immediately after delivery. With this instant verification of delivery, the Navix system will verify its accuracy and initiate auto-approval of customer invoices – severely reducing the time to bill and collect. Should a discrepancy or missing documents be identified, Navix customers can quickly initiate resolution communications via TextLocate’s integrated two-way SMS text web portal.
With this drastic reduction in waiting time, Navix customers will leverage even more working capital to help finance their growth strategies. Shippers of Navix customers will also find value in the expedited billing process with immediate communication of supported documents.
Eric Krueger, CEO and Co-Founder of Navix, expressed his enthusiasm for the collaboration, stating, “We are incredibly excited about this partnership and the immediate positive impact it will have on our customers. By integrating with TextLocate, clients will ultimately see significant improvements in cash flow.”
Ryan Rogers, CEO and Founder of TextLocate, highlighted his excitement for the integration, stating, “We are excited to welcome Navix to our partner ecosystem. This collaboration marks a significant milestone in streamlining the order-to-cash cycle. Beyond improving cash flow, this partnership will make it easier than ever for our mutual customers to communicate effectively and resolve issues quickly. We look forward to seeing the immediate impact on their operations and the value this collaboration will bring.”
About Navix
Navix revolutionizes freight audit and invoicing for freight brokers and 3PLs by delivering immediate results. By reducing DSO, Navix helps improve cash flow that can be reinvested into the organization. Leveraging machine learning and AI, Navix identifies errors instantly and enables auto-resolutions and easy disputes, eliminating the need for manual document searches. This technology enhances worker efficiency and supports business growth. For more information, visit https://www.navix.io or on LinkedIn at https://www.linkedin.com/company/navixioinc/
About TextLocate
TextLocate, founded in 2021, was born out of frustration with the inefficiency of traditional communication methods in reaching drivers. Determined to create a solution, TextLocate created a streamlined app-less platform to facilitate effective communication with drivers. Today, TextLocate’s system helps hundreds of brokers and carriers instantly communicate load status and documentation on thousands of shipments – saving time and money for all parties. For more information, please visit: https://www.textlocate.com/
Press Contact:
Eric Krueger
eric@navix.io