Cinch provides a logistics management platform that captures and analyzes shipping data from various sources, including TMS and ERP systems, to deliver real-time insights on freight costs and vendor performance. By automating workflows and identifying cost-saving opportunities, Cinch helps logistics teams reduce freight spend by up to 4% and optimize manual processes by up to 80%.
Funding
Funding not disclosed
Founders
Product
Problem
Logistics teams often struggle with fragmented shipping data residing in disparate TMS and ERP systems, leading to a lack of real-time visibility into freight costs and vendor performance. This makes it difficult to identify cost-saving opportunities, prevent unexpected charges, and optimize manual workflows, resulting in increased freight spend and operational inefficiencies.
Solution
Cinch provides a logistics management platform that centralizes and analyzes shipping data from various sources, offering real-time insights into freight costs and vendor performance. The platform automates error-prone workflows and eliminates repetitive tasks, enabling logistics teams to optimize spend, reduce risk, and improve decision-making. By providing a comprehensive view of all shipment invoices and identifying discrepancies in real-time, Cinch helps companies gain full control over their shipping spend and optimize their logistics operations from quote to invoice.
Target Audience
Cinch primarily targets logistics managers and supply chain directors seeking to optimize freight costs, streamline operations, and improve decision-making.
Features
- Spend Control Tower: Comprehensive management solutions to control shipping spend and optimize costs.
- Logistics Co-Pilot: AI-driven intelligent support to view all shipments in one place without switching systems.
- Real-Time Insights: Identifies financial and documentation errors and operational opportunities from vendor selection to route optimization.
- Automated invoice processing: Identifies discrepancies and performs line-item analysis in real-time.
- Multi-vendor support: Handles multiple vendors and complex data formats.
- Data processing: Real-time processing of complex, unstructured data into actionable insights.