It now connects more than 60,000 shippers and carriers through a range of software-as-a-service solutions on the platform. With such an effective communication mechanism, customers dealing in all modes of transports can form new associations and build relationships with one another.

Transwide comes with many features designed to optimize shipping logistics. It provides a “plan and execute” solution to track the status of a shipment saving the customer time and giving them full visibility of the order.

Further, Transwide assists in optimizing contract and invoice management by accelerating the speed at which companies invoice their customers. Information is transferred within minutes from the exact delivery meaning users can invoice much faster and bring additional working capital into the company. On average, 80% of manual transportation processing is eliminated by using the Transwide solution. This, in turn, simplifies the additional cost “claim and audit” process.

Transwide is driving an innovative roadmap. Whenever the firm gets feedback from its community, information is fed back into the system and often leads to new features or capabilities. And when a customer requests a specific feature, Transwide will look to ensuring suggestions are implemented either as new modules or revisions to existing modules that will benefit the entire community. The firm’s logistics and IT experts continuously listen to customers and consider their requests to ensure the platform keeps evolving.

To further enhance their offerings, the firm is working on predictive analytics, and as an initial step in this direction, a team of data scientists has been looking at data in the company’s platform. With a large number of customers and service providers connected to Transwide, the company has a lot of data to work with, and the team are committed to bringing new insights to the transportation space.

Finally, Transwide is developing a new mobile app for their platform to facilitate multi-modal support for customers. “We have connected our platform to a much greater network of transportation providers and also will be further integrating it with partner procurement solutions,” concludes Maquignon.