Trax Technologies is the global leader in Transportation Spend Management (TSM) solutions, empowering organizations with complex supply chains to gain greater control and visibility over their transportation spend. Founded in 1993, the company provides a comprehensive suite of cloud-based software and expert services designed to transform traditional freight audit and payment processes into strategic advantages. By leveraging advanced technology and data analytics, Trax helps large enterprises optimize their logistics operations, reduce costs, and improve overall supply chain efficiency.
The company's platform utilizes artificial intelligence and machine learning to automate invoice validation, ensuring accuracy and compliance across all modes of transportation and regions. Trax's solutions ingest and normalize data from disparate sources, creating a single source of truth for transportation spend. This enables supply chain leaders to make data-driven decisions, identify cost-saving opportunities, and mitigate risks associated with global logistics. With a global footprint spanning North America, Latin America, Asia, and Europe, Trax serves some of the world's largest and most complex supply chains, including Fortune 500 companies in industries such as manufacturing, life sciences, retail, and technology.
In addition to its core freight audit and payment capabilities, Trax offers a range of value-added services, including carrier management, rate management, and carbon emissions tracking. The company's commitment to innovation and customer success has established it as a trusted partner for organizations seeking to achieve transportation spend maturity. Through its robust technology stack, which includes Microsoft Dynamics 365 and Power Platform, Trax delivers scalable and secure solutions that drive enterprise-wide value and operational excellence.