Automate and validate every step of supply chain transactions with 100% data accuracy, providing financial trust across all stakeholders and supply chain partners
Internal stakeholders and external partners all use different legacy systems and processes (TMS, FAP) that don’t speak the same language. These systems are not architect for real-time transactions, leading to extensive manual effort to integrate data that’s fragmented, out of sync, and prone to errors.
Manual processes expose companies' payment delays
Internal and external teams waste hours chasing approvals, correcting errors, and resolving discrepancies — all the while risking mistakes, exposing the data to errors and creating operational bottlenecks.
Disconnected invoice processing
Traditional freight invoices require manual matching of BOLs, contracted rates, and accessorials, creating endless disputes, reconciliation cycles and payment delays.
Financial Risk Exposure
Without real-time validation, organizations face overpayments, billing fraud, poor G/L coding, late accruals and inaccurate financial reporting.
The Impact
23%
of transportation professionals’ time is spent on manual invoice reconciliation rather than strategic activities.
45 days
average time to resolve invoice disputes, delaying payments and straining carrier relationships.
8-12%
of transportation invoices contain errors that lead to overpayment when not caught.
$247,000
average annual cost of manual freight audit processes for mid-sized shippers.
31%
of companies report freight invoice errors as their biggest transportation management challenge.
78%
of organizations lack real-time visibility into their transportation spend, missing opportunities for immediate cost savings.
The 1st transportation solution to use shared ledgers for real-time invoice processing that:
Delivers hard dollar savings
Reduces overhead
Increases efficency
Mitigates transportation spend risk
Featured In
KNNX Enterprise Transaction Assurance
Unlock frictionless B2B transactions without replacing existing systems
Reduces administration and overhead across all parties.
Builds trust with accurate, transparent transaction records everyone can rely on.
KNNX Perfect Freight Invoice
Real-time processing for TL/LTL/Intermodal
Real-Time Freight Invoicing
Smart contract automation matches rates instantly
Accessorials captured and validated in real-time
Zero reconciliation is needed at delivery
Automated dispute resolution
Transportation Risk Management
Proactive cost control and compliance
Eliminate hidden charges and overpayments
Real-time spend visibility and analytics
Fraud prevention through automated validation
Carrier Collaboration
Instant payment processing
Enhanced carrier relationships
Reduced administration and overhead
Quick-pay enablement
Other KNNX Solutions
Parcel Auditing
Validate and control parcel transactions in real-time
Key Benefits
Automated business rules match invoices to orders
Real-time identification of discrepancies
Maintain strict control over parcel costs
Eliminate hidden charges before payment
Direct Store Delivery
Synchronize suppliers and store deliveries seamlessly
Key Benefits
Real-time delivery performance tracking
OTIF compliance monitoring
Automated route optimization
Enhanced supplier-store coordination
Last Mile Delivery
Optimize and validate last-mile operations and spend
Key Benefits
Real-time parcel tracking
Automated reconciliation
Performance monitoring
Last-mile delivery optimization
Driver Pay
Ensure transparent and accurate driver payments
Key Benefits
Mobile-first payment tracking
Real-time delivery confirmation
Automated payment processing
Complete payment transparency
Global Shipments & Port Visibility
End-to-end visibility for international logistics
Key Benefits
Real-time container tracking
Port delay notifications
Customs documentation management
Cross-border compliance automation
Payments & Financing
Accelerate and validate payment cycles with confidence
Key Benefits
Accelerated payment cycles
Third-party payment integration
Financing tools
Automated reconciliation
Measurable Results for Everyone
Shippers
100% accurate invoices based on contracts
10-15% reduction in freight spent
Eliminates manual audit costs
Real-time GL coding and accruals
Enhanced carrier relationships
Carriers
Facilitates on-time payments
Zero dispute resolution needed
Eliminates factoring costs
Payments are accurate
Improved customer satisfaction
Hear From our Clients
“We started this journey with a simple challenge which was how to digitize and simplify the way we pay our carriers. There are lots of different ways to do that but, working with KNNX, it was fast. We developed something from the ground up within nine months [duration of the pilot]”
– Chief Expansion Officer
“The Freight platform has opened up a tremendous amount of opportunity for Walmart Canada to record and track parts of information that had been disparate around our transportation business. We see all the shipment information together in one ledger that originally was a payment platform, but we are using it much more as an information platform to give us insight on how we run our business.“
– Chief Expansion Office
“Something unusual has to occur to have a dispute now. There are small items to resolve, but as we all have the same information, there is simply no need for disputes anymore.”