Loop
3 Case Studies
A Loop Case Study
Great Dane, a leader in the goods mobility space, was facing significant challenges with manually auditing and approving a high volume of freight invoices. This paper-based process was time-consuming, prone to overpayments, and could not handle the complexity of freight billing. Seeking to automate their accounts payable process, they partnered with the logistics AI platform Loop.
Loop implemented its AI-driven freight audit and payment solution, which automated the extraction, cleaning, and standardization of invoice data. This provided Great Dane with unprecedented spend visibility and eliminated manual work. The results were transformative: Loop now audits $8.5 million in spend with 100% financial compliance, and 98% of invoices are approved with no human touch. The platform identified $73,725 in overcharges and reduced invoice processing time from days to just two hours, turning Great Dane's teams from processors into analysts.
Jeff Toman
Corporate Controller