Conlio provides AI-powered solutions for freight audit and payment processing within the logistics industry. The platform automates invoice auditing, enhances spend visibility, and accelerates carrier payments for shippers, carriers, and forwarders. This automation results in significant cost savings and improved team productivity across the supply chain.
Funding
$2.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Freight invoice processing is often a manual, error-prone process, leading to overspending, payment delays, and limited visibility into logistics costs. Inaccurate invoices and unstructured data make it difficult for shippers, carriers, and forwarders to reconcile payments and optimize transportation management. This inefficiency results in wasted time, reduced profitability, and hinders sustainability efforts.
Solution
Conlio provides an AI-powered platform that automates freight audit and payment processes, enabling businesses to eliminate invoicing errors and gain control over logistics spending. The platform uses advanced AI to systematically audit and validate freight invoices, turning unstructured data into actionable insights. By automating invoice management, Conlio helps shippers reduce overspend, carriers accelerate payment cycles, and forwarders streamline operations. The platform also offers features for surcharge management, dispute resolution, and monitoring logistics CO2 footprint, promoting sustainability and data-driven decision-making.
Target Audience
Conlio targets shippers, carriers, and forwarders in the logistics industry seeking to automate freight invoice processing, reduce costs, and improve spend visibility.
Features
- AI-powered invoice auditing and validation to eliminate errors and overspending
- Automated credit note generator for self-billing based on carrier proof of delivery
- User-friendly portal for requesting and handling accessorial charges (e.g., detention, extra kilometers)
- Dispute resolution tools to identify missing documents and mismatched rates
- AI-driven analytics to gain insights into carrier networks and optimize transportation management
- CO2 emission monitoring to ensure compliance with Corporate Sustainability Reporting Directive (CSRD)
- Flexible payment solutions to accelerate payment cycles for carriers