Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Imaginnovate automates back office for final-mile carriers

Software speeds payments, improves cash flow

DC Velocity Staff
By DC Velocity StaffNov 10, 2021
DC Velocity Staff
See Full Bio

Logistics technology creator Imaginnovate said today it has developed back-office automation for final-mile delivery carriers. The software innovator said its Dynamic Rating Engine would digitize everything from rate agreements to invoicing and driver payments. Imaginnovate said the technology would become part of Fleet Enable, its office automation platform for final-mile trucking firms.

“We believe Fleet Enable is the first solution to bring standardization and automation to all final-mile carriers from order to cash,” said Imaginnovate CEO Krishna Vattipalli. “With our new Dynamic Rating Engine, Fleet Enable has solved the often hardest, most complex function within the final-mile delivery lifecycle allowing for automated invoicing and faster accounts receivable and driver payout.”

Imaginnovate said the Dynamic Rating Engine would accelerate invoice processing and payments and improve back-office efficiency for carriers. It added that the software would automate complex rate agreements that until now had to be billed manually.

The technology is seen as a breakthrough in the final-mile sector. Carriers are struggling to keep up with record business volume and scarce driver availability. Efficient invoicing and faster pay settlement should please shipping customers and delivery drivers, Imaginnovate pointed out. It could also speed up cash flow to final-mile carriers, the company said.

Imaginnovate said the Dynamic Rating Engine would replace multiple software systems employed by most final-mile carriers. Among other things, Imaginnovate said Fleet Enable would allow carriers to:

automate complex non-standard rating agreements that were previously billed manually, time consuming and error prone;
automate billing and invoice approval processes and send statements immediately to shippers; and
pay drivers faster.

“Currently the lack of automation for billing and invoicing is straining back-office staff and delaying accounts receivable,” explained Imaginnovate Vice President of Sales John Coussa. "In the last mile the margins are thin, and we wanted to provide an integrated system that will let the carriers improve their efficiency and increase their cash flow.”

Imaginnovate introduced its Fleet Enable software platform for final-mile carriers earlier this year. The technology automates all aspects of the delivery process from route optimization to shipment tracing. Back-office software is seen as the final piece in automating all aspects of the business.

Imaginnovate said it has developed pricing and rating technology for giants in the transportation sector. The Dynamic Rating Engine is designed specifically for final-mile operators, the company said.

“It gives carriers of any size the ability to work with large shippers and meet their requirements,” explained Mr. Vattipalli. “We believe Fleet Enable’s Dynamic Rating Engine is best in class as it standardizes and automates the most complex aspects of final mile back-office functions."
For media inquiries: Mike Zampa, 925 282 0450; mike@tothepointcomms.com

ProductsTransportationTechnology
imaginnovate
ProductsTransportationTechnology
imaginnovate

The Latest

worker at port tracking containers
Article

Trump tariff threat strains logistics businesses

chart of GenAI product market share
Article

Google matched Open AI’s generative AI market share in 2024

Dock Stop gate
Videos

Dock Stop Super HD

More Stories

AML launches StrikerX mobile computer

AML launches StrikerX mobile computer

Richland Hills, Texas, September 12, 2024. AML, a U.S-based manufacturer of barcode data collection products, announces the launch of its latest Android® product, the StrikerX mobile computer.

StrikerX is the evolution of its predecessor, the Striker, but comes equipped with the most powerful processing architecture available for devices in its class, the Qualcomm® QCS6490 processor running Android 13 at 2.7 GHz. Building on the success of the Striker, the new StrikerX maintains the same lightweight and compact form factor but makes a quantum leap in processing power.

Keep ReadingShow less

Featured

cowan truck fleet
Article

Schneider to acquire Cowan Systems for $390 million

person operating remote control forklifts
Internal Movement

DB Schenker operates remote-controlled forklifts

chart of port of oakland container traffic
Ports

Port of Oakland import volume approaches pre-pandemic level

office workers using GenAI
Artificial Intelligence

Companies feel growing pressure to invest in GenAI

drone flying through warehouse
Robotics

Robotic revolution

Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster & Mfg. Co., a 117-year-old industry leader in heavy-duty industrial casters, proudly announces the enhancement of its legacy Super Endurance Caster (SEC) series, now rebranded as the Spinfinity® Super Endurance Caster (ZFSEC) series. In addition, Hamilton is introducing the all-new Spinfinity® Super Endurance Dual Caster (ZFSEC2) series, both of which feature a new heavy-duty 'V-Style' seal designed to elevate performance in the most demanding environments.
The Spinfinity® Super Endurance Caster (ZFSEC) series replaces Hamilton’s legacy SEC series, setting a new benchmark for kingpinless caster design in extra heavy-duty applications. Central to this upgrade is the heavy-duty 'V-Style' seal, which offers protection against dirt, debris, and moisture. This advanced sealing technology ensures consistent performance and extends the life of the caster, making it the ideal choice for environments where reliability is critical.
"With the introduction of the V-Style seal, the ZFSEC series is engineered to withstand the harshest conditions while providing zero-fix, 100% maintenance-free operation," said Mark Lippert, president of Hamilton Caster. "This enhancement allows our customers to minimize maintenance costs and downtime, further solidifying Hamilton’s reputation for durability and dependability."
The ZFSEC series retains the robust construction that Hamilton is known for, including a swivel top plate and inner raceway made from forged steel, providing superior strength for shock conditions. Sealed precision ball bearings are also now standard in all wheels, contributing to the maintenance-free performance of the series. Notably, the zerk fittings have been eliminated, as the new design makes them unnecessary.
Complementing the ZFSEC series, Hamilton introduces the all-new Spinfinity® Super Endurance Dual Wheel Caster (ZFSEC2) series. This dual wheel series is engineered for extra heavy-duty applications where stability, durability, and maintenance-free operation are paramount. Like its counterpart, the ZFSEC2 series leverages the new 'V-Style' seal, ensuring that each caster is fully protected against contaminants that could compromise performance.
Combined with sealed precision ball wheel bearings, this caster series ensures zero-fix, 100% maintenance-free performance. The dual-wheel configuration enhances stability and allows for a lower overall height, offering a perfect blend of strength and maneuverability.
Casters in both series are finished in a durable HAA polyester platinum powder coat and are available in a wide variety of wheel types, allowing for customization based on application needs. For complete wheel specs and product details check out the Spinfinity® Super Endurance Caster Landing Page and all-new Spinfinity® Super Endurance Dual Caster Landing Page.

https://www.hamiltoncaster.com/Top-Menu/Resources/New-Products/hamilton-enhances-spinfinity-casters-launches-new-dual-wheel-caster-series

New Horizon Releases Innovative Functionality for Optimizing Inbound Logistics Scheduling at DCs

ACTON, Massachusetts – September 3, 2024 – New Horizon Soft, LLC (https://www.newhorizon.ai), a global leader in AI-powered supply chain planning software, announced today the release of a new version of its Buyers Workbench procurement planning software. The latest version includes the ability to optimally schedule inbound deliveries, taking into account distribution center (DC) receiving capacity, thus minimizing receiving bottlenecks and lowering inbound logistics costs. A research paper describing the innovative methodology and its deployment at an iconic $10B+ U.S. quick-service restaurant chain was recently published in the peer-reviewed academic journal, the International Journal of Operations Research and Information Systems.

Supply chain organizations typically plan purchase orders without regard to DC receiving capacity. This leads to bottlenecks on some days and underutilized staff on others. New Horizon’s methodology, called Master Purchasing Receipt Scheduling (MPRS), uses a novel algorithm to automatically and optimally schedule deliveries. The algorithm plans deliveries at the time of purchase order creation and results in a steady volume of deliveries and lower planning and logistics costs. While first deployed at a restaurant chain, the methodology is applicable to any manufacturer, wholesaler, retailer, or foodservice company operating high-velocity DCs.

Keep ReadingShow less
Thinkink Packaging Launches New Line of Custom Frozen Food Boxes to Enhance Product Freshness

Thinkink Packaging Launches New Line of Custom Frozen Food Boxes to Enhance Product Freshness

Pennsylvania, United States – August 2024 – Thinkink Packaging, a leader in innovative packaging solutions, is excited to announce the launch of its new line of Custom Frozen Food Boxes. Designed to meet the growing demand for sustainable and durable packaging in the frozen food industry, these new boxes offer a perfect blend of functionality, quality, and eco-friendliness.

The frozen food market is rapidly expanding, with consumers increasingly seeking convenient, ready-to-eat meals that maintain freshness and quality. Thinkink Packaging’s Custom Frozen Food Boxes are specially engineered to meet these needs, offering superior insulation to preserve product integrity from production to the consumer's freezer.

Keep ReadingShow less
Unlimited Service Group Launches New Repair and Maintenance Management Platform, USG Connect

Unlimited Service Group Launches New Repair and Maintenance Management Platform, USG Connect

ADDISON, Ill.--(BUSINESS WIRE)--Unlimited Service Group, a group of local foodservice equipment repair providers, today announced the launch of USG Connect, an innovative new repair and maintenance management platform designed to streamline and simplify the repair and maintenance of commercial kitchen equipment.

USG Connect provides commercial kitchens with a one-stop solution for hassle-free and scalable equipment service. The exclusive platform offers a user-friendly digital experience that allows restaurants, hospitals, hotels and more, to consolidate and manage their service requests into a single maintenance management system. No matter the size of the organization, USG Connect brings the power of 35+ trusted local service brands with more than 125 locations into a consistent service experience for our customers, ensuring seamless and effective management of all foodservice equipment service requests in one, easy-to-use online platform.

Keep ReadingShow less
Copyright ©2024.