Ahead of the Covid-19 crisis a natural synergy was discovered with Banyan Technology’s Intelligent Pricing, powered by industry leading LTL API Connections, and Revenova’s robust and flexible TMS platform. The new partnership enables current and future clients of Revenova to now secure Live Lane Specials directly into their TMS rate shop results. The integration is complete enabling both organizations to expand offerings and value propositions.
API connections increase automations in shipper operations and deliver real-time valuable information to LTL carriers as well. Many carriers are pushing for adoption for just these reasons. Basic API connections to LTL rates and execution are now widely available, but not all connections are created equal.
Banyan created the LTL API category nearly 20 years ago and still maintains the most carrier connections to the LTL industry. Banyan’s innovation continues with the creation of Intelligent Pricing which provides the LTL carriers yield managers real-time access to offer Live Lane Specials as their network demands change. In 2019, Live Lane Specials resulted in a 12.9% savings for Banyan clients as compared to their lowest cost contracted rates.
“Injecting contract-based spot quotes into the digital supply chain opens myriad possibilities over and above just cost reductions.” shared Lance Healy Banyan’s Founder and Chief Innovation Officer. “Revenova is among the first TMS solutions to successfully offer access to Live Lane Specials through their interface. The shared culture of innovating with a passion to move the industry forward drives both our organizations. This is a very natural fit.” Healy exclaimed.
Revenova delivers a truly innovative TMS built on the SalesForce platform enabling a versatile solution supporting multiple modes of transportation workflows and plugins.
“We are very excited to partner with Banyan and offer access to the Banyan carrier network within Revenova TMS. The breadth of provider options along with the Live Lane Specials available via Banyan provide value-added services that will help joint customers increase LTL margins and provide competitive advantages. The integration nests seamlessly within the TMS quoting, booking, tracking and settlement workflow making it very easy for customers to deploy the Banyan connectivity option both to internal users and directly to their customers via online community portals.” according to Charles Craigmile, CEO of Revenova. “Banyan was very collaborative in the process and we will be working together to deliver additional solutions for customers.”
Revenova is a cloud application provider of CRM-powered transportation management solutions (TMS) for freight brokers, 3PLs and shippers. Our solutions improve the process of quoting, booking, tracking and settling freight shipments by digitally aligning customers, carriers and co-workers more efficiently. Deployed on the #1 cloud ecosystem for business applications from Salesforce (NYSE: CRM), Revenova TMS delivers unprecedented business results and operational efficiency at affordable subscription rates. www.revenova.com.
About Banyan TechnologyThe pioneer of direct API connections with carriers since 2001, Banyan continues to innovate and create unique value to its clients with the most logistics service providers connected to any API hub for shipment execution and the only service that offers patent-pending Intelligent Pricing. Headquartered in beautiful Cleveland, OH Banyan serves a broad range of companies shipping over the road freight across North America. More information is available at www.BanyanTechnology.com