LP Systems
LP Systems provides an automated freight audit platform that cross-validates carrier invoices against transport contracts and shipment data, flagging billing errors, wrong surcharges, and duplicate charges before payment. The system detects discrepancies like peak season fees not in contract and chargeable weight exceeding actual weight, reporting potential overcharge amounts. The company is currently onboarding select logistics, finance, and operations teams at companies shipping internationally.
- Logistics & Supply Chain
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Carrier invoices are complex and frequently contain errors such as incorrect surcharges, miscalculated chargeable weights, and duplicate charges. Manual audits miss these errors, causing companies to lose millions annually to incorrect freight charges.
Solution
LP Systems provides an automated platform that reads transport contracts, analyzes shipment data, and cross-validates every line item on every carrier invoice automatically. The system flags billing discrepancies before payment, including charges not present in the contract and weight calculations that exceed actual shipment weights. Users receive discrepancy alerts with potential overcharge amounts, enabling logistics and finance teams to recover overpaid freight costs and prevent future losses. The platform is designed to integrate into existing freight payment workflows, reducing the need for manual line-item review while improving audit completeness and accuracy.
Target Audience
Primary customers are logistics, finance, and operations teams at companies that ship internationally and need to audit high volumes of complex carrier invoices.
Features
- Cross-validation of carrier invoices against contract terms, shipment data, and line-item details
- Automated detection of billing errors, wrong surcharges, duplicate charges, and excess chargeable weight
- Discrepancy reporting with potential overcharge amounts (e.g., "Potential overcharge $198.50")
- Contract interpretation engine that reads and applies negotiated terms to invoice review
- Early-access program with select partners in logistics, finance, and operations