Transporeon to offer freight audit and payment as part of its service, following acquisition of ControlPay

September 15, 2020 Rolf Bax

Transporeon to offer freight audit and payment as part of its service, following acquisition of ControlPay

Breda, September 15 , 2020

Today, we have exciting news to share! We are pleased to announce that Transporeon will merge with ControlPay and will offer freight invoice auditing as part of its service. "Together with ControlPay, Transporeon is continuing to build Europe’s leading Logistics Network for transport logistics services".

Please find the full press release below:

 

PRESS RELEASE 

Transporeon to offer freight audit and payment as part of its service, following acquisition of ControlPay

  • Transporeon to offer billing automation and payment analysis service, following acquisition of Control Pay.

  • Combination offers compelling customer and business synergies while extending Transporeon’s footprint in Eastern Europe.

  • “We are extremely honored to welcome ControlPay, a world class company with incredible people, to the Transporeon family. We also welcome their customers and committed to continually delivering the world class service from ControlPay. ,” says Transporeon CEO Stephan Sieber.Acquisition of ControlPay gives Customers true end-to-end coverage starting from transportation sourcing, transport execution,settlement and freight invoice auditing

  • Acquisition of ControlPay gives Customers true end-to-end coverage starting from transportation sourcing, transport execution,settlement and freight invoice auditing

Transporeon is today announcing a further extension of its digital service offering, following its acquisition of ControlPay, Europe’s leading provider of freight audit and payment services. The acquisition means that Transporeon, Europe’s leading logistics network provider for transport logistics services will be able to offer true “end-to-end” solutions, capturing the last steps in the value chain around invoice automation and analysis of payment-related data.

The ControlPay service is a natural complement to Transporeon’s existing portfolio of market intelligence services, freight procurement, execution and settlement offerings.

Founded in 2002 and serving customers globally across various industries; automotive, industrial, consumer, pharma and healthcare industries, ControlPay streamlines the freight audit and finance process for both shippers and carriers. ControlPay’s platform is able to capture critical data across all transport modes, enabling participants to gain a true view on their logistic operations fully based on a single source of audited and indisputable data, the tie up between Transporeon and ControlPay generates significant additional synergies. As of today, over a third of all ControlPay customers are already part of Transporeon’s client base.

“We are delighted both to extend our service offering to customers and to welcome our ControlPay colleagues into the Transporeon family,” said Stephan Sieber, CEO of Transporeon. “ControlPay further extends our customer offering to mission-critical areas such as billing automation and payment analysis. It is an ideal complement to our service portfolio in tendering and sourcing, transport execution incl. real-time visibility, market intelligence and settlement. For ControlPay’s customers, as well as its highly qualified workforce, we are committed to continually delivering the world class service from ControlPay.

ControlPay CEO Bram Wegh remarked: “By joining the Transporeon Group, we see huge growth possibilities for our business as well as attractive opportunities for our growing workforce of over 275 people. We are looking forward to joining forces with Europe’s leading Logistics Network for transport logistics.”

ControlPay’s founder Karel Kinds noted: “The business rationale for the combination with Transporeon is extremely compelling. I’m convinced that by becoming an integral part of the Transporeon Group, ControlPay and its customers will have a strong basis for continued sustainable growth into the future.”

About Transporeon

Transporeon boosts logistics performance and profitability with every freight load. Founded in Germany in 2000, Transporeon connects a worldwide network of more than 1,200 industrial shippers and retailers with over 100,000 logistics service providers in 100+ countries in real time. Its security-certified platforms offer digital solutions for freight benchmarking and sourcing, freight assignment and shipment execution, time slot management, shipment tracking, and end-to-end supply chain visibility. By leveraging the latest capabilities, including artificial intelligence and predictive analytics, Transporeon solutions cut CO2 emissions, empty runs and truck waiting times while digitizing manual processes. Transporeon is located across Europe, Russia, Asia and the US. For more information, visit www.transporeon.com

About ControlPay

ControlPay was founded in 2002 to assist with the control of freight costs and the processing of invoices of large multinationals with complex logistics structures. Our time-tested cloud-based solutions enable us to deliver flexible and cost-effective services anywhere in the world. ControlPay’s strong heritage in logistics and roots in the freight forwarding industry has allowed us to become the largest Freight Audit company in Europe, as well as a key global provider. We have a truly international reach and business network with offices in the United States, Asia, Brazil, Spain, Germany, the Netherlands and Ukraine. A growing staff of over 275 people and advanced technologies empower us to serve customers in the Automotive, Industrial, Consumer, Pharma and Healthcare industries. https://www.controlpay.com/

Read more about our Freight Audit Services

Controlpay Freight Audit

 

About the Author

Rolf Bax

Started in 2018, Rolf Bax manages all ControlPay’s online appearances, including all social channels of ControlPay, blogs and creates up-to-date content for the HUB. Controlpay's HUB provides industry professionals the most relevant logistics and supply chain topics.

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