Giltner Logistics Accelerates Payments with Integration Between Upwell Accounts Receivable Solution and Descartes Aljex™
14 1월 2025 - 8:45PM
Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader
in uniting logistics-intensive businesses in commerce, announced
that Giltner Logistics, a leading asset-backed third-party
logistics provider (3PL), is streamlining its accounts receivable
workflow, accelerating payment cycles and enhancing cash flow
management using the Descartes Aljex™ transportation management
system (TMS) integrated with Upwell’s advanced accounts receivable
(AR) technology.
“Our mission is to simplify customers’ supply chains by
combining technology, experience and expertise to create efficient,
frictionless shipping,” said Todd Baughman, Vice President of
Technology at Giltner. “The integrated solution helps us meet this
objective by automating customer invoicing and enhancing the
workflows between Descartes Aljex and customer payment providers.
The end result is a reduction in time-consuming manual work, while
lowering days-to-pay and days-sales-outstanding metrics to help
fuel sustainable growth.”
The scalable, cloud-based Descartes Aljex TMS helps freight
brokers of all sizes to boost operational efficiency, maximize
margins and enhance customer service by automating and streamlining
daily brokerage activities, including order entry, lane rate
comparison, covering loads, rate confirmation, carrier acceptance,
dispatching and carrier communications. The integration between
Descartes Aljex and Upwell’s automated AR system helps freight
brokers and 3PLs shorten their cash cycle, which ensures quicker
payments by reducing the time spent on manual invoicing and
collections. By accelerating financial processes and improving cash
flow management, the combined solution helps 3PLs maintain
liquidity and drive business growth while reducing administrative
workloads.
“We’re pleased that Giltner Logistics is improving cash flow
management with the integrated solution,” said Charley Dehoney, CEO
of Upwell. “We believe that the combination of our financial
automation technology with Descartes Aljex TMS creates a powerful
solution to help freight brokers transform how they manage
receivables to optimize cash flow, increase operational efficiency
and enhance customer satisfaction.”
“In today’s fast-paced transportation industry, securing timely
payments from customers directly impacts liquidity and sustainable
growth,” said Dan Cicerchi, General Manager, Transportation
Management at Descartes. “With our core capabilities and extensive
partner ecosystem, freight brokers and 3PLs have an advanced
technology platform to help protect margins and drive profitability
by simplifying financial processes and reducing administrative
workloads.”
About Giltner Logistics
Giltner Logistics, Inc. is an asset-backed third-party logistics
and brokerage provider that has been delivering freight solutions
across North America and is one of the top 3PLs in the country. By
working closely with its sister company, Giltner Transportation,
Inc., the 3PL designs and delivers superior solutions for its
shipping customers, providing competitive pricing without
sacrificing service. Learn more at www.giltnerlogistics.com.
About Upwell
Upwell uses artificial intelligence to automate and transform
accounts receivable for transportation and logistics companies.
Every dollar counts in this industry, but today’s landscape is too
complex for companies to rely on back-office superheroes using
manual processes and dated technologies. Many companies have
thousands of dollars locked up in invoicing exceptions, and many
don’t have reliable systems for knowing what’s been paid. Now
there’s a better way. Upwell’s AI-powered platform empowers
accounting and finance teams by improving cash flow, automating
legacy processes, and enhancing the customer experience. Reinvent
your accounts receivable and start the journey toward getting paid
faster at www.upwell.com.
About Descartes
Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in
providing on-demand, software-as-a-service solutions focused on
improving the productivity, security and sustainability of
logistics-intensive businesses. Customers use our modular,
software-as-a-service solutions to route, track and help improve
the safety, performance and compliance of delivery resources; plan,
allocate and execute shipments; rate, audit and pay transportation
invoices; access global trade data; file customs and security
documents for imports and exports; and complete numerous other
logistics processes by participating in the world’s largest,
collaborative multimodal logistics community. Our headquarters are
in Waterloo, Ontario, Canada and we have offices and partners
around the world. Learn more at www.descartes.com, and connect
with us on LinkedIn and Twitter.
Global Media Contact Cara
Strohackcstrohack@descartes.com
Cautionary Statement Regarding Forward-Looking
Statements
This release contains forward-looking information within the
meaning of applicable securities laws (“forward-looking
statements”) that relate to Descartes’ transportation management
system solution offerings and potential benefits derived therefrom;
and other matters. Such forward-looking statements involve known
and unknown risks, uncertainties, assumptions and other factors
that may cause the actual results, performance or achievements to
differ materially from the anticipated results, performance or
achievements or developments expressed or implied by such
forward-looking statements. Such factors include, but are not
limited to, the factors and assumptions discussed in the section
entitled, “Certain Factors That May Affect Future Results” in
documents filed with the Securities and Exchange Commission, the
Ontario Securities Commission and other securities commissions
across Canada including Descartes’ most recently filed management’s
discussion and analysis. If any such risks actually occur, they
could materially adversely affect our business, financial condition
or results of operations. In that case, the trading price of our
common shares could decline, perhaps materially. Readers are
cautioned not to place undue reliance upon any such forward-looking
statements, which speak only as of the date made. Forward-looking
statements are provided for the purposes of providing information
about management’s current expectations and plans relating to the
future. Readers are cautioned that such information may not be
appropriate for other purposes. We do not undertake or accept any
obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements to reflect any change
in our expectations or any change in events, conditions or
circumstances on which any such statement is based, except as
required by law.
Descartes Systems (TSX:DSG)
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부터 12월(12) 2024 으로 1월(1) 2025
Descartes Systems (TSX:DSG)
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