North Carolina-based TransImpact has launched parcel spend intelligence software to help shippers improve visibility and make better decisions about the billions of parcels shipped each year.

The software analyses the data that inundate logistics systems and converts them into meaningful dashboards and actionable insights that empower shippers to lower costs and gain control of their carrier relationships.

Customisable alerts mean users receive an email notifying them of issues such as address corrections, over-max packages, dimensional billing and other surcharges imposed by the carriers. With one click, users can drill into the problem directly and take action. Alerts can be set for KPIs or any other metric contained in the shipping data.

“We’ve been working towards being able to offer shippers a tool this flexible and powerful for a long time,” said Norm Pollock, TransImpact’s chief technology officer. “The carrier invoices are complicated, and our team of experts has spent years understanding all of the fields, how they relate, and which are relevant for analysis. By loading the data into our tool, a client gains flexibility to look at data in multiple ways and then take action based on that factual insight.”

TransImpact offered hands-on demonstrations at last week’s Parcel Forum trade show in Maryland.

TransImpact specialises in the development and application of end-to-end technology that optimises supply chain operations, creates efficiencies and transforms the business performance of its customers. Formerly known as Transportation Impact, the company now serves more than 1000 customers and manages over $1bn in logistics spend.