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Transflo: Empowering the Supply Chain

CFO Tech Outlook

Don Burke, Chief Innovation Officer, TransfloDon Burke, Chief Innovation Officer
To be competitive you must have the ability to capture meaningful data. Transflo sets itself apart with the extent of our data capture and the sheer volume of data. We have been in the document management space for nearly 30 years with visibility into document ‘capture and send’ in every form,” says Don Burke, the Chief Innovation Officer of Transflo.

Transflo excels at custom code and building machine learning technology from its tenure in the industry. The experience allows them to make educated decisions and upgrades to tech while building upon their product, Transflo Intelligent Automation (IA).

In transportation, Transflo’s IA processes documents that either directly or indirectly involve finance/payments. In the industry right now, there is fragmentation with various systems that do not integrate and work with each other. Transflo, to this end, has set the mission to enable players to implement new tech easily and efficiently.

Further, Velocity, Transflo’s broker solution, makes it easier for carriers to connect and work with freight brokerages and 3PLs. Carriers can easily view a list of brokers and their paperwork requirements from a simply stated format, including easy-to-follow directions within the Transflo Mobile+ app. This saves time by having it all in one place instead of visiting multiple broker websites and platforms, ultimately growing the relationships between brokers and carriers.

Transflo offers flexibility in its solutions and can customize them in ways that make sense for different clients. The company has client profiles already in place, which allows them to start from a customization template with best practices instead of from scratch. Its digitized solutions use Transflo Intelligent Automation to save time by getting all documents delivered and approved faster; this often allows customers to pay all parties involved at an expedited rate and results in higher driver satisfaction as well. The digitized solutions not only solve one problem for clients but creates optimum efficiency for all.

  • Transflo sets itself apart with the extent of our data capture and the sheer volume of data, too, by being in document management for nearly 30 years


Over 65,000 carriers currently use Transflo’s digital ecosystem, plus many brokers, factors, and shippers. So, all of these parties and relationships are doing constant business in various ways through the Transflo ecosystem. Even if a new competitor entered the game with new technology today, they still wouldn’t have that platform and ecosystem that Transflo has built. The main elements in Transflo’s ecosystem—users, relationships, and transactions—are available on a massive scale, which gives the company the ability to be disruptive in the space.

As a company that greatly values client feedback, Transflo is able to get a unique look into client feedback during its annual customer advisory board meetings, which allow certain clients to voice their needs, asks, pain points, and more – while also getting sneak peeks into new and upcoming products and product updates. Customer feedback on even the early stages of developing new solutions plays a key role in Transflo’s ongoing success.

Transflo sits in a unique position in the industry due to great technology and continuous investment in digitalization.

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Top 10 Financial Automation Solutions Companies – 2022

Transflo

Company
Transflo

Management
Don Burke, Chief Innovation Officer

Description
Transflo excels at custom code and building machine learning tech from its tenure in the industry. The experience allows them to make educated decisions and upgrades to tech while building upon Transflo’s Intelligent Automation (IA).

Transflo News

Transflo Launches Digital Fuel Technology Powered by Comdata to Revolutionize Fuel Advances for Brokers, Carriers, and 3PLs

TAMPA, Fla.: Transflo, a Pegasus-Transtech company and leader in freight automation, and Comdata, Inc., a FLEETCOR company and world leader in payment innovation, have joined forces to develop Transflo Wallet, a mobile-app-based cardless fuel payment solution. This revolutionary solution will enable freight brokers to effortlessly send digital fuel advances to carriers and drivers through a secure and user-friendly mobile app, streamlining fuel transactions.

Fuel advances have long been a challenge for freight brokers, with conventional payment methods like checks and plastic fuel cards proving inefficient, costly, and susceptible to fraud. Furthermore, these traditional methods fail to help carriers effectively manage and reduce fuel expenses. Transflo Wallet addresses these issues by offering a modern mobile user experience for drivers and unparalleled visibility and control for brokers.

"As we assessed long-standing issues in the industry, fuel payments emerged as the natural next step in extending our broker and carrier automation capabilities," explains Renee Krug, Transflo's CEO. "Our fuel solution builds on our connected digital ecosystem to empower our customers to overcome these challenges."

Transflo Wallet is a secure and user-friendly digital payment solution designed for brokers to advance fuel payments to their carrier networks. The solution leverages Transflo’s industry-leading mobile app technology, along with Comdata’s proprietary virtual card capabilities to enable the most secure and user-friendly fuel payment in the industry. Eric Dowdell, President of Comdata’s North American Trucking division comments, “Comdata has a deep commitment to reducing friction for the transportation industry. We’re excited to partner with Transflo to deploy our cardless payment APIs to bring brokers more transparency, control, and a more simplified driver experience.”

The advanced security features of Transflo Wallet protect carriers from fraud and unauthorized access, offering peace of mind and allowing them to concentrate on their operations. Furthermore, Transflo Wallet delivers features that enable carriers to streamline their fuel management and reduce their overall fuel expenses. “We’re committed to building deep relationships and enabling our carriers to maximize profitability and we’re excited to beta test Transflo Wallet as another tool to help us do that.” said Mark Yeager, CEO at Redwood Logistics.

Transflo Wallet represents a milestone in the evolution of freight industry automation. By harnessing the power of digital payments and mobile technology, Transflo and Comdata are committed to streamlining processes and addressing pain points within the industry. This innovative solution not only offers increased security and cost savings for carriers but also fosters stronger relationships between brokers and their carrier networks.