Transfix
Transfix launched its RFP Workflow Tool, designed to streamline contract pricing for freight brokers.
“When we were a broker, we were constantly up against hundreds of different RFP requirements, time, and even resources to win freight. The manual processes were eating into our margins in the early days of our brokerage. So, we built and battle-tested our own solution to get ahead of the competition over the last ten years and now we’re ready to share it with our former competitors,” says Jonathan Salama, CEO and co-founder of Transfix. “Frankly, this has been a long time coming and we’re excited to share the immediate impact this will bring to market.”
Key takeaways:
- By pricing lanes in as little as 3-5 seconds with unmatched accuracy, the tool boosts win rates with custom-built models, eliminates inefficiencies, and keeps RFPs organized.
- ·Transfix’s RFP Workflow Tool is built to price contract lanes instantly with confidence; keep brokers organized with a structured workflow; and ensure margin protection with long-term cost forecasting.
- The RFP Workflow Tool is powered by proprietary AI models that continuously analyze millions of data points, including company-specific historical performance; data quality analysis and consulting; and dynamic forecasting for long-term success.
- Key features include automated pricing and error detection; bulk RFP processing; margin forecasting; and Kanban-style RFP management.
