.svg)
About Freightos Procure
Freightos Procure is a procurement software from Freightos Ltd that focuses on freight and logistics management. It combines rate procurement, supplier management, and data analytics so users can make informed purchasing decisions. The platform provides real-time access to freight rates and offers tools for comparing suppliers. Users can also analyze historical data to improve their procurement strategies. Additionally, Freightos Procure supports collaboration among team members and improves transparency in the procurement process. Key capabilities: rate management supplier comparison analytics dashboard historical data analysis team collaboration Best for: logistics managers and procurement professionals that need to efficiently manage freight costs and supplier relationships.
Freightos Procure offers a modern, cloud-based solution for handling complex freight procurement at enterprise scale. By digitising and automating RFQs, tendering, contract management, and carrier selection — across air, sea, road, rail and parcel — it significantly reduces manual workload and enables procurement teams to operate with greater agility. The capability to benchmark rates in real time and manage both long-term contracts and spot freight provides important flexibility in volatile shipping markets. Integration via API into existing ERP or TMS systems further simplifies adoption, allowing companies to embed freight procurement into their broader logistics infrastructure. For large importers/exporters or enterprises with a high volume of shipments, Freightos Procure can deliver tangible cost savings and operational efficiencies. However, the lack of publicly transparent pricing, a publicly accessible integration directory, and absence of a marketplace for plug-ins may limit flexibility and transparency. Smaller shippers or companies with simpler logistics needs may find the platform too comprehensive and potentially expensive.
Pros & Cons
- +Automates complex tendering tasks, significantly reducing the manual workload for procurement teams
- +Provides real-time freight market benchmarks that help companies negotiate better pricing
- +Supports multiple shipping modes, allowing centralized management of all freight procurement activities
- +Enhances supplier selection accuracy through performance-based scorecards and analytics
- +Integrates with ERP/TMS systems to streamline data flow across the supply chain
- −May require process changes for teams transitioning from manual procurement workflows
- −Limited public information on the number and type of supported ERP/TMS systems
- −Some advanced features may require training for full utilization
- −Heavy reliance on accurate internal rate data for optimal benchmarking results
- −Migration from legacy procurement systems may be time-consuming
Features
Key features
- Automated tendering workflows
- Automate freight tenders to reduce manual effort and accelerate procurement cycles
- RFQ automation
- Generate and manage spot RFQs quickly for faster supplier responses
- Supplier scorecards
- Evaluate logistics service providers using performance-based metrics
- Real-time market intelligence
- Benchmark freight rates against global spot and contract markets in real time
- Historical rate management
- Store and compare historical freight rates for smarter decision-making
- Centralized procurement hub
- Maintain all freight data, contracts, rates, and suppliers in a unified platform
- Mini-bids execution
- Run rapid mini-bids to adjust to changing freight market conditions
- Multi-modal support
- Manage procurement across ocean, air, road, rail, and parcel shipments
- Rate comparison engine
- Compare supplier quotes instantly to identify cost-optimized routes
- ERP/TMS integrations
- Connect procurement processes with existing enterprise systems
- Contract management
- Digitally manage freight contracts and rate validity periods
- Vendor negotiation tools
- Use data insights to improve negotiation outcomes with carriers
- Single source of truth
- Align stakeholders through a unified, real-time logistics data environment
- Workflow compliance
- Standardize procurement workflows to ensure governance and consistency
- Data-driven supplier selection
- Use analytics to select optimal carriers for cost, speed, and reliability
Additional features
- Automated tender creation
- Replace manual tender building with structured digital templates
- Bulk RFQ issuance
- Send RFQs to multiple suppliers simultaneously with standardized formats
- Supplier data management
- Track supplier details, performance, and contract history in one place
- Freight rate repository
- Store contract and spot rates for easy comparison
- Dynamic benchmarking
- Compare internal rates against global market benchmarks instantly
- Integrated analytics dashboard
- Visualize spend, supplier performance, and rate fluctuations
- Mini-bid automation
- Conduct rapid mini-bids to capture interim market opportunities
- Real-time market updates
- Receive live changes in freight market conditions affecting pricing
- Multi-modal rate support
- Handle rates across all major transport modes
- Contract lifecycle management
- Manage validity, renewal, and compliance of freight contracts
- ERP/TMS integration APIs
- Sync procurement data across enterprise systems
- Centralized document storage
- Keep tenders, contracts, and rate sheets in one location
- Negotiation assistant tools
- Identify cost-saving opportunities during negotiations
- Supplier performance comparison
- Evaluate carriers based on KPIs like price, speed, and reliability
- Procurement workflow automation
- Standardize internal procurement processes for consistency
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to Freightos Procure
Zeelo
Zeelo is a transportation management platform from Zeelo that provides flexible and efficient transport solutions…
Shuttlers
Shuttlers is a transportation software/platform from Shuttlers that provides safe, reliable, and affordable transportation services.…
SCORPIO Transit
SCORPIO Transit is a transit management software from SCORPIO SOFT that supports urban transportation systems.…
SCORPIO TMS
SCORPIO TMS is a transportation management software from SCORPIO SOFT that aims to facilitate logistics…
About Freightos Procure
Freightos Procure is a procurement software from Freightos Ltd that focuses on freight and logistics management. It combines rate procurement, supplier management, and data analytics so users can make informed purchasing decisions. The platform provides real-time access to freight rates and offers tools for comparing suppliers. Users can also analyze historical data to improve their procurement strategies. Additionally, Freightos Procure supports collaboration among team members and improves transparency in the procurement process. Key capabilities: rate management supplier comparison analytics dashboard historical data analysis team collaboration Best for: logistics managers and procurement professionals that need to efficiently manage freight costs and supplier relationships.
Freightos Procure Details
Freightos Procure's In-App Market Place
Does Freightos Procure have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥), INR (₹), RUB (₽), MXN (Mex$)
Pros & Cons
- Automates complex tendering tasks, significantly reducing the manual workload for procurement teams
- Provides real-time freight market benchmarks that help companies negotiate better pricing
- Supports multiple shipping modes, allowing centralized management of all freight procurement activities
- Enhances supplier selection accuracy through performance-based scorecards and analytics
- Integrates with ERP/TMS systems to streamline data flow across the supply chain
- May require process changes for teams transitioning from manual procurement workflows
- Limited public information on the number and type of supported ERP/TMS systems
- Some advanced features may require training for full utilization
- Heavy reliance on accurate internal rate data for optimal benchmarking results
- Migration from legacy procurement systems may be time-consuming
Freightos Procure's Support Options
Documentation
https://resources.freightos.com/container/show/10759Freightos Procure's Alternatives
Zeelo
Zeelo is a transportation management platform from Zeelo that provides flexible and efficient transport solutions…
Shuttlers
Shuttlers is a transportation software/platform from Shuttlers that provides safe, reliable, and affordable transportation services.…
SCORPIO Transit
SCORPIO Transit is a transit management software from SCORPIO SOFT that supports urban transportation systems.…
SCORPIO TMS
SCORPIO TMS is a transportation management software from SCORPIO SOFT that aims to facilitate logistics…
