Freight Expectations Blog

MyCarrier Set to Offer Quote to Payment Automation with Curant Acquisition

Written by Pam Crandall | Sep 4, 2024 9:30:08 PM

The logistics world is buzzing with excitement, and here’s why—MyCarrier has just acquired Curant, a digital payment and automation software company. By incorporating Curant’s cutting-edge payment solutions, MyCarrier is set to provide shippers with a seamless and transparent quote-to-cash experience—an industry first.

Understanding the MyCarrier-Curant Collaboration

MyCarrier's acquisition of Curant is a strategic move designed to provide accuracy and simplicity across the end-to-end shipping process. This collaboration will allow shippers to manage everything from quoting to payment on a single platform. No more juggling multiple systems or dealing with inconsistent data—everything needed to unify the process will be in one place. 

With Curant’s expertise in digital payments, MyCarrier’s platform will enable shippers to pay their carriers individually or collectively. This feature completes the final piece of the puzzle, automating the LTL shipping process from order-to-payment while providing substantial cost savings and financial visibility.

Connecting the Quote to Cash Journey

Imagine this—comparing quotes from all your carriers, dispatching with the click of a button, tracking its progress in real-time, analyzing data, auditing invoices, resolving variances, and finally, making payments—all seamlessly integrated within one platform. This is the reality MyCarrier and Curant are bringing to the table.

Cost Savings and Financial Visibility

One of the standout benefits of this acquisition is the substantial cost savings it offers. Consolidating all freight operations within a single platform enables businesses to lower administrative costs and minimize the risks linked to manual data entry.

Additionally, having a single-platform solution provides complete financial visibility. Shippers can easily track expenses, monitor payments, and manage budgets with more accuracy. This level of transparency is crucial for making informed business decisions and maintaining financial health.

Enhancing Operational Efficiency for Shippers and Carriers

Efficiency is the name of the game in logistics, and this acquisition takes it to the next level for businesses that ship freight. By automating the payment process, MyCarrier not only speeds up transactions but also ensures accuracy of financial records.

 Carriers benefit too. They experience faster payment times, which means better cash flow and more efficient operations. This improvement in financial accuracy reduces disputes and fosters stronger relationships between shippers and carriers.

Becoming a Shipper of Choice

In the competitive world of logistics, being a "shipper of choice" can make a significant difference. Shippers who offer streamlined processes, accurate documentation, and timely payments are more likely to attract and retain top carriers.

Offering visibility from order to invoice and ensuring prompt, accurate payments, boosts a shipper's efficiency, enhances their reputation, and strengthens their ability to negotiate better rates. The increased efficiency also leads to more reliable deliveries and satisfied customers.

Offering Holistic Shipping Management

MyCarrier’s acquisition of Curant is not just about payments; it’s about providing a holistic shipping experience. It completes the final piece of the shipping puzzle, connecting processes and departments for faster shipping times, fewer errors, and unprecedented financial accuracy. 

Whether you’re a small warehouse manager or a large-scale logistics professional, the ability to pay your carriers in the same place you manage your orders and shipments will be transformative.

The Future of LTL Shipping

MyCarrier’s acquisition of Curant is not just about payments; it’s about providing a holistic shipping experience. It completes the final piece of the shipping puzzle, connecting processes and departments for faster shipping times, fewer errors, and unprecedented financial accuracy.

Whether you’re a small warehouse manager or a large-scale logistics professional, the ability to pay your carriers in the same place you manage your orders, shipments, reporting, and invoices will be transformative.