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Receivables

The receivables module makes it easy to generate accurate invoices and receive payment for logistics services. It is designed for carriers, brokers, forwarders, and 3PLs.

Configuration

Rate generation requires configuration of the rates module.

Lifecycle

The receivable invoice lifecycle starts with ingesting shipment data and ends with receiving payment. Each step is configurable, and some steps are optional.

  • Ingest shipment data, resulting in a normalized shipment job entity.
  • Rate the shipment job using the rate engine to calculate cost.
  • Generate a receivable invoice and send to customer.
  • Receive payment.

Receiving shipment data

Loop can ingest external shipment data through email attachments, EDI integrations, or pulling from external APIs. Loop's API can also receive information directly as structured shipment job entities.