eFrexx
About the company:
eFrexx is an individualized cloud solution for companies to find the best carrier for their transportation orders.
Our customers are provided with individual portals, in their own corporate design. Without any own investment in software or IT infrastructure they can be “up and running” within 24 hours.
Using eFrexx as tendering platform for transportation services verifiable reduces freight costs in a significant range.
Innovations:
Logistics
eFrexx is a B2B-Platform as SaaS implementation for manufacturers and trading companies, so called shippers, to publish their demand of Sea, Air, Truck and Rail transports.
eFrexx is the only solution on the market, which provides the shippers with their “own” inquiry portal in their branding. It gives the shippers the full access and process control for their transports.
The shipper publishes his short-term (Spot) and long-term (Contracts) transports on his portal. He invites several qualified transport providers. In a reverse auction during a bidding phase, the providers publish their bids. The best freight rate is automatically negotiated in eFrexx. After the bidding phase the shipper selects the winner.
From 2020 to July 2021 customers reduced transport costs by more than 30% and process costs by 80%.
The business model behind eFrexx: Shippers pay recurring monthly fees, flat rate or a volume-based fee, for Spot and volume-based yearly licences for Contracting.