Transfix, a leader in freight technology, announced the launch of its RFP Workflow Tool, a game-changing platform designed to streamline contract pricing for freight brokers. By pricing lanes in as little as 3-5 seconds with unmatched accuracy, the tool boosts win rates with custom-built models, eliminates inefficiencies, and keeps RFPs organized. This launch marks another milestone in Transfix’s evolution from a brokerage to a premier technology solutions provider.
“When we were a broker, we were constantly up against hundreds of different RFP requirements, time, and even resources to win freight. The manual processes were eating into our margins in the early days of our brokerage. So, we built and battle-tested our own solution to get ahead of the competition over the last ten years and now we’re ready to share it with our former competitors,” said Jonathan Salama, CEO and Co-Founder of Transfix. “Frankly, this has been a long time coming and we’re excited to share the immediate impact this will bring to market.”
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A Smarter Way to Win More Freight
Brokers managing high-volume RFPs face relentless challenges—manual pricing that takes hours, days, and sometimes weeks to analyze historical data and market rates, lack of centralized tracking resulting in an inability to have reporting and insights, and unpredictable margins that make it impossible to forecast long-term success. Transfix’s RFP Workflow Tool is built to tackle these issues head-on by:
- Pricing faster than ever – Price contract lanes instantly with confidence.
- Keeping brokers organized – A structured workflow ensures no bid is missed.
- Ensuring margin protection – Long-term cost forecasting eliminates pricing guesswork.
When users upload an RFP, they immediately receive auto-generated lane rates, along with insights into the percentile and margin settings used. They can also manually enter their own rates if preferred. After uploading, users can add new lanes to the RFP, edit them as needed, view total volume by lane, and filter by total volume. These features give users the flexibility and control to efficiently navigate each RFP’s unique rules and requirements, ensuring accuracy and adaptability throughout the process.
SOURCE: GlobeNewswire