About Solvento

Solvento provides AI-powered software that automates the validation and payment processes for logistics companies, ensuring accurate and timely payments to truckers. By eliminating manual errors and optimizing cash flow, the platform enhances operational efficiency and improves financial liquidity for both logistics providers and transporters.

```xml <problem> Logistics companies face challenges in accurately validating invoices and proofs of delivery, leading to payment errors and delays for carriers. Manual processes for auditing documentation and reconciling payments are time-consuming and prone to human error, impacting operational efficiency and cash flow. </problem> <solution> Solvento offers an AI-powered platform that automates the validation and payment processes for logistics operations, ensuring accurate and timely payments to carriers. The platform extracts data from proofs of delivery (PODs) using AI to validate business rules, such as verifying seals and signatures. It also validates freight and accessory rates against agreed-upon terms, and confirms that carrier invoices (CFDI) are correctly stamped and compliant with tax authority (SAT) requirements. Additionally, Solvento provides options for early payments to carriers without impacting the logistics company's cash flow, along with market intelligence on rates and seasonality to support better business decisions. </solution> <features> - AI-powered audit of proofs of delivery, extracting data and validating business rules - Automated validation of freight rates and accessory charges - Validation of carrier invoices (CFDI) for compliance with tax authority (SAT) standards - Early payment options for carriers to improve cash flow - Market intelligence dashboards providing visibility into rates and seasonality - Financing solutions for accounts payable and receivable </features> <target_audience> Solvento targets logistics companies, freight forwarders, and shippers that manage a network of carriers and seek to automate payment processes, reduce errors, and improve relationships with their transportation providers. </target_audience> <revenue_model> Solvento generates revenue through a combination of software subscriptions and financing fees, offering solutions for both payment automation and supply chain finance. </revenue_model> ```

What does Solvento do?

Where is Solvento located?

Solvento is based in Miguel Hidalgo, Mexico.

When was Solvento founded?

Solvento was founded in 2021.

How much funding has Solvento raised?

Solvento has raised 12500000.

Location

Miguel Hidalgo, Mexico

Founded

2021

Funding

12500000

Employees

72 employees

Major Investors

Cometa

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Solvento

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

solvento.mx 7K+

Crunchbase

Founded 2021 – Miguel Hidalgo, Mexico

Funding

Estimated Funding

$10M+

Major Investors

Cometa

Team (50+)

No team information available.

Company Description

Problem

Logistics companies face challenges in accurately validating invoices and proofs of delivery, leading to payment errors and delays for carriers. Manual processes for auditing documentation and reconciling payments are time-consuming and prone to human error, impacting operational efficiency and cash flow.

Solution

Solvento offers an AI-powered platform that automates the validation and payment processes for logistics operations, ensuring accurate and timely payments to carriers. The platform extracts data from proofs of delivery (PODs) using AI to validate business rules, such as verifying seals and signatures. It also validates freight and accessory rates against agreed-upon terms, and confirms that carrier invoices (CFDI) are correctly stamped and compliant with tax authority (SAT) requirements. Additionally, Solvento provides options for early payments to carriers without impacting the logistics company's cash flow, along with market intelligence on rates and seasonality to support better business decisions.

Features

AI-powered audit of proofs of delivery, extracting data and validating business rules

Automated validation of freight rates and accessory charges

Validation of carrier invoices (CFDI) for compliance with tax authority (SAT) standards

Early payment options for carriers to improve cash flow

Market intelligence dashboards providing visibility into rates and seasonality

Financing solutions for accounts payable and receivable

Target Audience

Solvento targets logistics companies, freight forwarders, and shippers that manage a network of carriers and seek to automate payment processes, reduce errors, and improve relationships with their transportation providers.

Revenue Model

Solvento generates revenue through a combination of software subscriptions and financing fees, offering solutions for both payment automation and supply chain finance.