Navarik offers a cloud‑based platform that consolidates oil cargo nomination data, tracks loss events in real time, and automates invoice generation.
Funding
$1M 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
Oil traders and shippers often face untracked cargo loss and fragmented nomination‑to‑invoice workflows, leading to billing errors and delayed revenue collection.
Solution
Navarik provides a cloud‑based platform that consolidates nomination data, monitors cargo loss in real time, and automates the invoicing process. The system captures loss events at each handling point, flags discrepancies against contractual terms, and generates accurate invoices without manual data entry. Integrated dashboards give users visibility into loss trends and financial performance, while APIs enable seamless connection to existing ERP and accounting systems. By centralizing data and streamlining workflows, Navarik reduces manual effort, improves billing accuracy, and speeds up cash flow for oil cargo operations.
Target Audience
Primary customers are oil trading firms, shipping companies, and logistics teams that manage bulk cargo nominations and invoicing.
Features
- Real‑time loss tracking with automated discrepancy detection
- End‑to‑end nomination management from booking to delivery
- Automated invoice generation based on verified cargo data
- Centralized data repository with customizable reporting dashboards
- API connectors for ERP, accounting, and trading systems
- Role‑based access controls and audit trails for compliance