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Kleinschmidt, Upwell Partner to Speed Carrier Payments with AI Billing

AI-Powered Summary

Key Details Supply chain integration provider Kleinschmidt Inc. has invested in Upwell, an AI-powered freight accounts receivable platform designed to help carriers get paid faster. The partnership connects Upwell's automated invoice auditing system with Kleinschmidt's established EDI network, allowing carriers to route freight invoices directly for validation and processing without additional software changes. How It Works Upwell's platform reviews invoices against shipper-specific billing requirements before submission, verifying proof-of-delivery documentation, reference numbers, lumper receipts, accessorial charges, weights, contract rates, and fuel surcharges. Qualifying invoices are submitted automatically, while exceptions go to human reviewers for resolution. Why It Matters Payment delays in freight typically stem from invoice discrepancies rather than shipper unwillingness to pay. By validating invoices upfront through Kleinschmidt's trusted data network, carriers can eliminate the back-and-forth delays that typically extend payment cycles. Early adopters like Morehouse Trucking report significant improvements in payment speed from major shippers through automated billing processes. The partnership removes friction from supply chain data flow while leveraging Kleinschmidt's 40-year reputation and established carrier relationships to deliver faster cash flow solutions.

Original article from FreightWaves
"Freight billing gets AI boost as Kleinschmidt backs Upwell"
https://www.freightwaves.com/news/freight-billing-gets-ai-boost-as-kleinschmidt-backs-upwell
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