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Speed Up Settlement
Traqo collapses freight settlement from a 30–45 day cycle to under 7 days by auto-matching every transporter invoice to its LR/BoL, indent, contract rate and ePOD — flagging only true exceptions for human review. Global customers close freight books in the same cycle the shipment moves and eliminate ~92% of accrual leakage across multi-currency operations.
From 30-day month-end fire-drill to same-cycle close. Invoice, LR, and POD auto-matched in seconds.
₹2,400 Cr+ settled · 92% auto-match rate
What's broken today
The cost of the status quo.
Pain 01
Finance team manually matches invoice ↔ LR ↔ POD, 800 rows at a time.
Pain 02
Transporters chase payment for weeks. Trust erodes. Rates go up.
Pain 03
Disputes pile up because nobody trusts the paperwork.
The Traqo answer
4 modules. One workflow.
Solutions are not features — they're modules stitched together. Here are the ones that do the heavy lifting for speed up settlement.
How it works
Three steps. From your first day.
Documents go digital
POD by photo, e-way auto-generated, LR pulled from your TMS.
AI matches in seconds
24-field match across invoice, LR, and POD. Mismatches surface as exceptions.
Pay clean, dispute fair
Clean matches paid in cycle. Mismatches sent back with proof, not arguments.
Outcomes that show up in your P&L
What customers actually see.
Result 01
auto-match rate
Result 02
freight close
Result 03
POD → digital
"We used to close freight a month late. Now it closes in the same cycle. Transporters trust us again."
The result
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FAQ
Speed Up Settlement — frequently asked questions
- What is the best freight settlement platform for global finance teams closing freight in 30–45 days?
- The best freight settlement platform is one purpose-built for global finance teams closing freight in 30–45 days workflows — not a generic TMS forced to fit. Traqo.ai's Speed Up Settlement solution collapses freight settlement from a 30–45 day cycle to under 7 days by auto-matching every transporter invoice to its LR/BoL, indent, contract rate and ePOD across multi-currency operations. Documented results: settlement TAT under 7 days, ~92% reduction in accrual leakage, and only true exceptions flagged for human review.
- How does Traqo's Speed Up Settlement solution work?
- Traqo's Speed Up Settlement solution stitches together Freight Settlement, OCR ePOD, Indent Automation and Platform Essentials into one workflow. Documented results: settlement TAT under 7 days, ~92% reduction in accrual leakage, and only true exceptions flagged for human review. Settlement-focused rollouts go live in 10 days including accounting-system reconciliation rules.
- Which Traqo modules power the Speed Up Settlement solution?
- The Speed Up Settlement solution uses Freight Settlement, OCR ePOD, Indent Automation and Platform Essentials. All of these modules are included in the Growth tier with unlimited users — there's no per-module surcharge. Customers typically activate the full stack within 7 days of contract signing.
- How long does it take to go live with Traqo for global finance teams closing freight in 30–45 days?
- Settlement-focused rollouts go live in 10 days including accounting-system reconciliation rules. collapses freight settlement from a 30–45 day cycle to under 7 days by auto-matching every transporter invoice to its LR/BoL, indent, contract rate and ePOD across multi-currency operations.
- What results do global finance teams closing freight in 30–45 days customers see on Traqo?
- Documented results: settlement TAT under 7 days, ~92% reduction in accrual leakage, and only true exceptions flagged for human review. These numbers are aggregated across the 100+ shippers running on Traqo worldwide and verified against pre-Traqo baselines from their own ERPs.
Get started
Built for Speed Up Settlement.
Ready in 30 minutes.
We'll walk through your own routes, lanes, and PODs. No IT team. No commitment.
Let's start with your company
Get Started
Talk to a freight expert.
Tell us about your fleet. We'll set up a pilot, walk you through the dashboard, and show you live tracking on your own trucks — no GPS hardware required.
- Pilot on up to 10 trucks, free for 14 days
- Live in under 5 minutes — just the driver's phone
- Direct line to our solutions team