AI-powered AP invoice automation for freight forwarders
Save extracted invoice data directly into your TMS, collaborate effortlessly, and handle exceptions all in one place with Raft. Transform your finance workflow into a streamlined, precise system while gaining clear insights into your business performance.
trusted by organizations large and small
"We were looking for a data automation system to help us seamlessly process hundreds of Accounts Payable invoices and Raft has more than stepped up to meet our needs."
How it works
Zero-touch invoice automation
Our holistic platform improves AP invoice management by automating the entire process (Zero-touch as we like to call it): from real-time document scanning within emails to instant invoice processing and reconciliation.
With Raft, invoices are synced into your Transportation Management System (TMS) within seconds, eliminating the need for manual intervention and significantly shortening turnaround times. It’s all about letting the technology do the work, ensuring your operations run smoothly and effortlessly.
Human touch within an automated system
When exceptions arise, Raft's user-friendly dashboard simplifies resolution. Detailed, easy-to-understand notifications explain exceptions, allowing for quick corrections.
Our centralized exception management dashboard drives cross-team collaboration, reducing the time spent on back-and-forth communications. With features to sync across teams, assign specific access, and comment directly on invoices, resolving issues becomes a streamlined process, ensuring nothing slows down your finance operations.
Solve for what you didn’t know was broken
Unlock the full potential of your AP processes with Raft's advanced analytics. Dive deep into your operations with detailed, graphical reports on automation performance, identifying bottlenecks and process improvements in real-time.
How many invoices do we process per month?
Why do invoice for some vendors seem to fail more?
Which team members need extra support?
What’s the status of all our account payables?
We’re your one-stop global partner
We process more than a hundred different types of documents from more than 35,000 different partners.
MAERSK
COSCO
EVERGREEN
Cargolux
AND More
We support freight forwarders of all sizes, doing business in more than 45 countries worldwide.
USA
UK
Germany
India
Australia
Singapore
And More
We help customers organize freight for end-customers from all over the world, active in over 25 different industries.
Automotive
Pharma
Art
Food & Drinks
AND More
We provide customer support through our teams in Asia, Europe, and North America, ensuring 24/7 support across multiple time zones.
Extra mile efficiency on all types of invoices
Raft can handle more than just standard invoices, whether it's allocating various currency charges on a single invoice or managing costs across multiple shipments. Fuel fees in USD? Customs charges in EUR? No problem.
Raft ensures every detail is accurately synchronized with your system of records, ensuring each charge lands precisely where it should.
Your passport to hassle-free global tax handling
Raft offers the power to help you fine-tune tax settings in your Transportation Management System (TMS) and accurately identify charge codes, making it ideal for the diverse tax regulations of any country. From Singapore's specifics to Brazil's peculiarities, together with Raft you can ensure that processing tax on your AP invoices becomes straightforward.
The “flow” in workflow. Streamlined for rapid resolvement
The platform brings clarity by assigning clear ownership of incoming AP Invoices to specific teams or members. When manual intervention is necessary, like when accruals don’t match the invoice, there's no guesswork — everyone knows exactly who in the team to reach out to.
With customizable permission levels by team member, tolerance levels by vendors, and approval flows, managers are liberated from the mundane tasks, allowing them to focus on high-priority items.
Trust the trail. Every detail and change documented
Raft's audit trail feature is the definitive ledger that records the who, what, and when, providing a trusted record that speeds up resolutions, error detection, and enhanced decision-making.
Platform features & integrations, always included
Centralize, organize, and enhance your processes on one platform.
Unify all data, communications, and workflows into a single intelligent platform, empowering greater efficiency and visibility across all your teams. Every freight forwarder large and small has their unique processes, so we’ve built our platform to be customisable at the core.
Engineered to integrate into your existing operations.
Our platform integrates with any TMS, ERP, an CRM to give your employees a centralized hub through which to see, execute, and share every shipment detail, accelerating performance in every department.
$1M annual savings & 2,000 extra hours a month await.
Explore how, on average, automating workflows for 3,000 shipments a month can lead to impressive annual savings. It all starts with a demo.
