NEURORED

Freight Rates Management Software

Neurored is a cloud-based B2B Price Optimization and Management Software suitable for enterprises managing Freight Rates, Tendering, Quotation, and Shipment Execution.

Freight Rates Collaboration
Freight Rates Collaboration

Loved by Customers

Trusted by Enterprises

Native to #1 Enterprise Cloud Platform

Leverage the security and stability of Salesforce Business Platform and AWS Cloud

Fully Customizable Solution

The software adapts to your unique process and workflow requirements

Robust Systems Integration

Integrate with existing ERP, WMS, and CRM systems to have a unified control tower

Strategic Digital Differentiation

Stand out from the competition with a branded, sophisticated, & intuitive solution

Freight Rate Management Software Features

Freight Rate Contracts Upload

Leverage your private pre-negotiated Buy Rates with Carriers with Neurored. Our cloud-based Freight Rates Management system lets you:

  • Bulk-Upload freight rates files without reformatting the file
  • Automatically source freight rates from leading carriers using API integration
  • Extract, Transform, and Load (ETL) the rates to store them as New Rates or Rate Revisions

These privately contracted rates can be supplemented with spot freight rates from marketplaces and load boards.

Spot-Rates Sourcing & Tendering

Neurored’s cloud-native Freight Rates Management software helps you procure live spot rates for non-standard freight routes/lanes by:

  • Integrations with the leading public Freight Rate Marketplaces and Load Boards
  • Inviting preferred Logistics Service Providers to private freight tenders through a Partner Community Portal
  • Enabling login-free spot rate requests with new carriers/ freight forwarders

With Neurored, businesses can organize multiple tendering rounds and standardize communication with all stakeholders. Vendor performance metrics and rate benchmarking can help enterprises to make intelligent purchasing decisions. Learn more about Neurored’s Supplier Relationship Management (SRM) tool.

Freight Rates Collaboration

Ensure a single source of truth for your business. With Neurored’s cloud-native Freight Rates Management tool, businesses can:

  • Allow multiple teams and users to collaborate on rates upload and management
  • Update existing freight rates while maintaining revision control, change history, and user logs
  • Get strategic insights about rate trends and forecasts by leveraging existing rates data

All approved rates are automatically transferred to rate books without manual data entry.

Freight Rates Books Creation

Neurored’s Rates Optimization & Management tool helps you save time by:

  • Create standardised rate books for customers based on regions, carriers and charge codes.
  • Assign markups and port charges, cartage charges, clearance charges and other surcharges based on the rate book
  • Mass-edit rate markups as a percentage of Buy Rates or based on the number of freight units.

Neurored’s Freight Rates Books are a foundation for freight pricing teams to create winning quotes quickly.

Freight Rate Sheets & Quotation

Speed up and streamline Freight Rate Quotation by using our cloud-based solution to:

  • Create rate cards in a single click by leveraging existing rate books
  • Customise quotes with branded logo, colours, fonts, and file formats
  • Automatically store freight prices for accounting purposes without data entry

All quotation documents sent to the customer are automatically related and stored to the customer account to simplify communication and team collaboration.

Freight Rates Customer Portal

Want to give customers instant Freight Rates Quotations? Set up a self-service customer portal for customers so you can:

  • Give customers instant spot rates, sailing schedules, and alternate transportation options
  • Increase brand loyalty by setting up a fully branded digital experience
  • Offer customers a consolidated view and insights about their global shipments

Self-service customer portals eliminate turnaround times by letting customers search and compare rates before they make an instant booking.

Freight Booking, Tracking, & Document Management

Fulfill confirmed freight orders by using Neurored’s Freight Rates Management software to:

  • Send emails and complete transportation bookings related to the customer without leaving the app
  • Track shipments across all transportation modes (ocean, air, road, rail, parcel) with Neurored’s Multimodal Supply Chain Visibility App.
  • Collaborate with agents, partners and customers in real-time for scheduling, pick-ups, and exceptions management using Salesforce chatter
  • Generate and store all related shipping instructions and transportation documentation on the app

Using Neurored ensures error-free accounting by automatically transferring the buy and sell rates to your current ERP system.

Unified Control Tower Across All Systems

Neurored integrates with any and all of the leading systems in the world and helps you:

  • Manage relationships across multiple partners and stakeholders
  • Integrate and communicate with existing ERP, WMS, and CRM systems
  • Leverage pre-integrated, niche technologies from 30+ trusted players in the industry
  • Complement your systems using our diverse and adaptable software offerings

Carrier Integrations

Benefits of Neurored Rates Management

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Faster Quotations

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Improved Win Ratio

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Reduced Freight Costs

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Faster Quotations

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Improved Win Ratio

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%

Reduced Freight Costs

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Faster Quotations

%

Improved Win Ratio

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Reduced Freight Costs

Customer Success Stories

Werner Success Story

“Neurored provides advanced functionality and we really enjoyed working with the Neurored Team. They have been very accessible regardless of timezone. They are also very well coordinated across departments which leads to smooth implementation.”

Stanley Montoya

Europartners Team Photo

Europartner Success Story

“With Neurored, our quotes get sent out 4x faster (from 20 mins to 5 mins per quote).” The Latin-American freight-forwarding giant, Europartners, recently announced plans to double its global presence from 60 to 120 offices by the end of 2020. 

Alejandra Tamez

Customer Testimonials

Frequently Asked Questions

What is freight rates management software?

Freight rate management software centralises complex and disparate rates data to help pricing teams and customers to search, sort, and select freight rates and make freight bookings.

Does my business need freight rates management software?

Razor thin margins, increasing competition, and customer expectations make freight rates management necessary. Neurored helps you win more deals, be more profitable, resolve disputes, and dramatically reduce auditing costs. 

How to get the lowest freight rates?

Freight Rates Management Softwares helps you compare prices from various marketplaces and strategic vendor relationships across multiple modes of transportation. Having many price options guarantees you the lowest freight rates and highest savings because of your increased power in the negotiation.

Which types of businesses use freight rates management software?
What makes Neurored’s Freight Rates Management tool the best on the market?

Neurored’s solution is native to the world’s #1 Business Apps Platform, which makes it fast, secure, configurable, integrable, stable, and enterprise-ready.

Is Neurored a Cloud-based Freight Rates Management solution?

Neurored is native to the cloud, meaning you don’t have to deal with the problems of an outdated on-premise system and can spend more time running your business.

Do I need Salesforce if I want to use Neurored’s solutions?

No, it doesn’t matter if you have Salesforce or not. Our software solutions are only built using Salesforce and can integrate with any leading ERP, WMS, or CRM systems.

Can I work with my own vendors when using Neurored’s Freight Rates Software?

Yes. Neurored does not require you to use any specific set of vendors. Neurored helps you mass-import rates from excel sheets, connect with your own strategic vendors through API and supplement these rates with information from relevant freight marketplaces. 

Can Neurored’s Freight Rates Management Solution be purchased separately?

Absolutely. All Neurored solutions are modular, and we will only implement the pieces that you require.

How does reverse auctioning help in freight rates management?

Neurored’s reverse auctioning helps you save money without the risk by allowing you to compare price and qualitative vendor performance metrics. Our software lets you share the quote rank with the vendors to incentivise them to send you competitive quotes.

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