The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

Stage

Acquired | Acquired

About Trax NV

Trax provides software solutions to banks and multinationals in order to optimize and streamline their payment process and to take advantage of new cash management trends and recent SEPA developments. This leads to compliance with new regulations, higher STP and significant reduction of operational costs. The Trax platform is very configurable, SWIFT ready-for-use and easy to incorporate in existing infrastructures. Committed to delivering robust and scalable products, Trax has earned a reputation for the strength and innovation of its solutions and the industry knowledge of its consultants. Trax's technology has successfully been implemented in some of the market's most demanding cash management environments.

Trax NV Headquarter Location

Nevada,

United States

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Expert Collections containing Trax NV

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Trax NV is included in 1 Expert Collection, including Fintech.

F

Fintech

7,344 items

US-based companies

Latest Trax NV News

Trax and project44 Advise Leaders to Implement End-to-End Visibility for Supply Chain Control

May 18, 2022

May 18, 2022 Trax Technologies (Trax), the global leader in Transportation Spend Management (TSM) solutions, announced it will host, along with project44, a webinar for industry leaders seeking solutions to regain control of the supply chain. “Disruption is Normal, End-to-End Visibility is the Path to Resiliency,” to be held on Wed., May 25 at 11 a.m. EDT, comes during a time when global supply chains are impacted by pandemic fallout, a protracted labor shortage and the Russian Invasion of Ukraine--all of which are contributing to increased energy and fuel prices. Additionally, U.S. inflation remains above an 8% annual rate, close to the fastest pace in 40 years as increased pricing places added pressures on the economy and supply chain. The co-hosted webinar will feature Chris Cassidy, executive vice president of global sales & strategic partnerships at Trax, and Bart De Muynck, chief industry officer at project44. The pair will share the benefits of end-to-end visibility within the supply chain and how to achieve this disruption-proof method of planning and implementation, which creates resiliency and better decision making. “Gaining end-to-end visibility for financial and physical flows leads to smarter decision making that ultimately creates resiliency, which is a quality every company touching the supply chain needs moving forward,” said Cassidy. “With so many supply chain leaders looking for answers to ensure control and performance efficiency for future disruptions, now is the time to invest and embed a technology-enabled control tower ecosystem strategy to drive actionable insights through data quality, establishing baselines by regions and mode, readjusting forecast goals and making informed, smarter decisions relevant to supply chain transportation cost to serve.” Throughout the webinar, Cassidy and De Muynck will explore ways to identify, manage and forecast disruption risks and impacts through the practice of strategic preparation and implementation, coupled with the use of structured visibility platform technology. "Attending this webinar is a good step to ensuring leaders are not waiting out a disruption cycle that may not end," said Bart De Muynck. "Trax and project44 are hosting this webinar to provide industry leaders with methods to make smarter decisions that will positively impact their respective companies, regardless of disruption.” About Trax Technologies Trax is the global leader in Transportation Spend Management solutions. Trax elevates traditional Freight Audit and Payment with a combination of industry leading cloud-based technology solutions and expert services to help enterprises with the world's more complex supply chains better manage and control their global transportation costs and drive enterprise-wide efficiency and value. With a global footprint spanning North America, Latin America, Asia and Europe, Trax delivers data-based visibility and insights, higher savings and better control of transportation spend for shippers and 3PLs/4PLs of all sizes. For more information, visit www.traxtech.com.

  • What is Trax NV's latest funding round?

    Trax NV's latest funding round is Acquired.

  • Who are the investors of Trax NV?

    Investors of Trax NV include SunGard.

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