Raft partners with PayCargo to provide industry-leading payment process for carriers

Raft, the intelligent cargo command center, today announced the integration of PayCargo, an all-in-one logistics payment platform that will expand the capabilities of Raft’s new AI payment function tool; an industry first that boosts the ability of carriers to automate their operations, thereby empowering their employees to focus on value-added activities. Raft users have access to PayCargo’s payment options, which saves significant time and costs and avoids major operational risks.

PayCargo’s one-click payments will be available through the Raft platform, offering fully automated financial and billing processing. Additionally, Raft users can reconcile PayCargo payments with just one click within Raft’s streamlined operations. Automatic updates and resets are created through the integration, which can be seamlessly translated into our customers’ ERP or TMS system.

“Having to manually click through invoices, enter data and make payments is a huge operational time vacuum, many mid-sized carriers spend up to half a day a week manually reconciling disparate systems,” said Lionel van der Walt, Chief Growth Officer, Floss. “With the integration of PayCargo into our new one-click payment capabilities, we are providing shippers with yet another tool to solve advanced supply chain challenges with modern solutions, while freeing up their human labor to complete tasks, that advance the needle bottom line.”

The time saved through automated payment options also reduces operational risk as reconciliations are sent at the end of each week and month, a currently manual process whereby carriers cross-check their TMS, invoices and PayCargo to see if the information is correct across disparate systems are aligned. Automated payment workflows in Raft reduce manual data entry into PayCargo to process payments. The improved operational governance of the Raft platform provides a centralized oversight and approval process that is audited and tracked.

“Raft’s deep and existing connections to TMS systems like CargoWise made selecting their platform for integration a no-brainer,” added Eduardo Del Riego, CEO of PayCargo. “Raft’s relationships with major TMS systems help the vast majority of our customers using these solutions and allow for quick and easy adoption of our capabilities within Raft for payments.”

PayCargo customers also benefit from the integration with Raft. PayCargo receives many requests to integrate with CargoWise to avoid manual data entry and reconciliation with the CargoWise TMS. Raft’s deep CargoWise integration and integration with PayCargo can finally meet these needs and automate repetitive, time-consuming data tasks.

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