Blume Finance is a freight audit and payment product for managing agreements, validating charges, processing invoices, and settling carrier payments. Agreement tools cover contract parsing and change management, with a repository for rates and tariffs. Auditing features include proof-of-work history, delivery validation, accessorial evaluation, and cost accrual auditing. Payment capabilities include a blockchain ledger, payment triggered by proof of delivery, and spend analytics. The product also uses machine learning driven invoicing. Cost information organized by carrier, charge type, and season can help organizations identify patterns for logistics planning. Blume lists multiple invoice capture methods, rate validation, carrier payments, and EDI support. Its Freight Audit and Pay APIs are documented for customers and carriers, with integration guidance and lifecycle updates for API versions. The product is available through the web and API, and pricing is provided on request. Blume Global describes its wider platform as serving manufacturers, suppliers, logistics service providers, carriers, and terminal operators. The Finance page invites prospective customers to request a demo. Platform access requires prior authorization and credentials. Blume lists potential security measures such as physical security, biometric access control, user identification, password control, and a firewall.
Who it is for
Blume Finance suits organizations managing freight invoices, carrier charges, agreement terms, and payment workflows. Its stated broader platform audience includes manufacturers, suppliers, logistics service providers, carriers, and terminal operators.
What is good
- Combines agreement management, freight auditing, and payment capabilities.
- Includes contract parsing, change management, and a rate repository.
- Supports multiple invoice capture methods, rate validation, and EDI.
- Freight Audit and Pay APIs are documented for customers and carriers.
- Cost data can be examined by carrier, charge type, and season.
What to know first
- Pricing is available on request.
- Platform access requires prior authorization and credentials.
Verdict
Consider Blume Finance if freight auditing, agreement management, invoice handling, and carrier payment need to work within one product. Buyers should contact Blume for pricing and a demo, and confirm that its access requirements fit their organization.
Get started with Blume Finance
- Visit https://www.blumeglobal.com/finance/.
- Contact Blume to request a demo and pricing.
- Obtain prior authorization and credentials for platform access.
- Review the Freight Audit and Pay API documentation if integrating through the API.
Questions about Blume Finance
How is Blume Finance priced?
Pricing is available on request.
Which platforms does it support?
The listed platforms are web and API.
Who can use its APIs?
Blume documents Freight Audit and Pay APIs for both customers and carriers.
What does the product cover?
It covers freight audit and payment, agreement management, rating and validation, invoicing, cost accrual auditing, and payment settlement.
Does it support EDI and carrier payments?
Yes. EDI support and carrier payments are listed capabilities.
What is required for platform access?
Blume's terms say access requires prior authorization and credentials.
Compared on freight audit and payment software
- Invoice capture
- multiple
- Rate validation
- Yes
- Carrier payments
- Yes
- EDI support
- Yes
