LogiNext launches AI-powered financial module for logistics
WAREHOUSING & LOGISTICS

LogiNext launches AI-powered financial module for logistics

LogiNext, an industry-leading logistics automation firm, introduced an AI-enabled payment module. The launch of this feature is focused on offering convenience to enterprises in making better decisions while choosing their carrier partners for smoother and cost-efficient deliveries. The new feature is aimed ultimately at creating a revenue model that is suitable for everyone in the logistics chain using a smarter costing strategy with the power of automation.

The platform offers the facility to compare the charges of various carriers and drivers in a single place so that enterprises make an informed choice on picking the best one from the lot. With the help of AI-enabled and automated rate charts, LogiNext eliminates the manual intervention required for making such decisions. It also prioritises various essential factors such as product specifications, a distance of delivery, discounts, reattempts made and more.

LogiNext’s payment module is a whole new feature in the platform that entirely focuses on offering the most suitable ways of delivery to create a better customer experience. The feature-rich payment module is designed to offer convenience in multiple ways including:

  • Offering smart AI-based pricing and costing with end-to-end visibility of various costs included.
  • Providing the facility to capture digital payments and offer convenience to the end customers.
  • Introducing incentive-driven financial models for drivers to keep them motivated and reward them for good performance.
  • Scaling revenue with smarter decisions with faster and smarter choices from numerous options available.
  • Streamlining End-to-End Operations right from choosing the suitable carrier to collecting digital payments.

All the listed parameters ultimately result in offering convenience as the drivers can make the most of digital payments along with faster reconciliation for CoD orders. By introducing this feature, the drivers are much more motivated to work for various incentives that the system easily allows to configure.

LogiNext, an industry-leading logistics automation firm, introduced an AI-enabled payment module. The launch of this feature is focused on offering convenience to enterprises in making better decisions while choosing their carrier partners for smoother and cost-efficient deliveries. The new feature is aimed ultimately at creating a revenue model that is suitable for everyone in the logistics chain using a smarter costing strategy with the power of automation.The platform offers the facility to compare the charges of various carriers and drivers in a single place so that enterprises make an informed choice on picking the best one from the lot. With the help of AI-enabled and automated rate charts, LogiNext eliminates the manual intervention required for making such decisions. It also prioritises various essential factors such as product specifications, a distance of delivery, discounts, reattempts made and more.LogiNext’s payment module is a whole new feature in the platform that entirely focuses on offering the most suitable ways of delivery to create a better customer experience. The feature-rich payment module is designed to offer convenience in multiple ways including:Offering smart AI-based pricing and costing with end-to-end visibility of various costs included.Providing the facility to capture digital payments and offer convenience to the end customers.Introducing incentive-driven financial models for drivers to keep them motivated and reward them for good performance.Scaling revenue with smarter decisions with faster and smarter choices from numerous options available.Streamlining End-to-End Operations right from choosing the suitable carrier to collecting digital payments.All the listed parameters ultimately result in offering convenience as the drivers can make the most of digital payments along with faster reconciliation for CoD orders. By introducing this feature, the drivers are much more motivated to work for various incentives that the system easily allows to configure.

Next Story
Infrastructure Transport

L&T-Alstom Partnership to Upgrade Mumbai Metro Line 4

Larsen & Toubro (L&T), in partnership with Alstom Transport, has secured a contract to supply essential systems for Mumbai Metro's 35.2 km Line-4 and Line-4A (Green Line), which will connect Wadala, Kasarvadavali, and Gaimukh. Identified as Package CA-234, the contract includes the supply of 39 six-coach trains, totalling 234 coaches, along with Communication-Based Train Control (CBTC) signalling and train control systems, telecommunications infrastructure, platform screen doors, and depot machinery for the Mogharpada Depot. This project comes after Alstom's previous withdrawal from a similar ..

Next Story
Infrastructure Energy

Jio-bp to Expand Retail Network and EV Charging Infrastructure

Jio-bp, a joint venture between Reliance Industries and global energy major bp, is focused on expanding its retail infrastructure and enhancing customer experience to strengthen its presence in the downstream energy market. The company plans to establish 100,000 electric vehicle (EV) charging stations over the next 10-12 years, aligning with the Indian government's efforts to boost EV charging infrastructure and achieve net zero targets. Additionally, Jio-bp intends to open 1,000 retail outlets to sell compressed biogas (CBG) produced by Reliance's CBG plants. Jio-bp has introduced 480 kW ..

Next Story
Infrastructure Energy

Kolkata Metro to Install Power Backup System on Underground Stretch

Kolkata Metro Railway is set to install a Battery Energy Storage System (BESS) at the Central Station substation to enhance commuter safety during power outages. This system will ensure uninterrupted operations on the 16 km underground Tollygunge-Dumdum stretch of the Blue Line corridor (Dakshineswar-New Garia), which spans 28 km. The BESS, comprising inverters and advanced chemistry cell (ACC) batteries, will enable trains to operate at 30 km/h during power cuts or grid failures, ensuring that passenger-filled coaches can safely reach the nearest station. This initiative aims to improve both..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?