NAVIX.IO

NAVIX.IO Inc.

13 Investors

Logistics & FinTech Software

MINNETONKA, MN

NAVIX.IO Inc. is a technology startup that provides a Software-as-a-Service (SaaS) platform to automate back-office operations for the logistics and transportation industry. The company's solution uses artificial intelligence and machine learning to streamline document retrieval and freight auditing, aiming to reduce manual errors and accelerate the cash conversion cycle for its clients. Founded in 2021, NAVIX.IO targets third-party logistics providers (3PLs) and freight brokers with its specialized financial and workflow automation software.

Products & Team

Intelligent Document Processing (IDP) and Freight Bill Audit Application

Freight Audit SoftwareSeed

The company's core product is a SaaS platform designed to automate the ingestion, classification, and auditing of freight documents. It streamlines back-office workflows for 3PLs and freight brokers by using AI to instantly identify and flag billing errors, enabling faster resolutions and improving operational efficiency.

Value Proposition

It solves the problem of inefficient, manual, and error-prone freight document retrieval and auditing, which can lead to delayed payments and reduced cash flow for logistics companies.

Pain Points

Customers face challenges with manual and time-consuming document retrieval, complex invoice exception management, and delayed cash flow resulting from billing discrepancies and slow audit processes.

Utilizes AI and machine learning for instant error flagging and automatic resolutionsFeatures highly configurable automation triggers to streamline custom workflowsBuilt with an API-first approach for seamless integration with existing Transportation Management Systems (TMS)Provides multi-modal support, handling LTL, Drayage, and FTL freight documents