SOURCE: Catapult International
LENEXA, KS--(Marketwired - Feb 20, 2014) - Catapult International announced today that it has launched Spring Board, a Bid and RFQ data mapping solution for ocean carriers, airlines, and freight forwarders.
Spring Board processes freight rate bids and RFQ's with very little up-front effort reading the format and applying algorithms so that it seamlessly fits into the receiving party's format or database. This data mapping process allows the user to "auto rate" against buy, sell, or margin rates as well as split out to other regional users to complete. Spring Board also tracks all activities of completing the bid process, including version control and deadline visibility and serves as a centralized platform to host the ocean and air freight tenders.
"Spring Board was created because many of our freight forwarder customers received bids from shippers with more than 1000 lines and a majority of their trade procurement time was spent formatting the bids in their format or just filling it out by hand," notes Bryan Luttrell, Chief Operating Officer of Catapult International. "Our BETA users have realized a significant amount of time savings by using Spring Board."
In addition to the bid mapping capabilities for the user, Spring Board provides a Full Service mapping option called KickStart, where the user uploads the bid and Catapult personnel maps it for them within 24 hours. This option allows the trade lane pricing managers to work on analyzing profit margins.
Future plans in Spring Board will feature the ability for importers and exporters to communicate with their freight vendor to negotiate RFQ's and bids online.
Last month, Catapult launched its online quoting and booking system for freight forwarders called QMS Lite.
For more information on Spring Board, go to: www.gotospringboard.com
About Catapult International:
Catapult International is one of the fastest growing software companies in the logistics marketplace, providing freight rate technology solutions for both freight forwarders and multi-national companies worldwide. In addition to its innovative software platforms, Catapult also boasts a strong managed services program of surcharge maintenance and keeping rates up to date. Catapult also specializes in file transfers and web services as a middleware provider of data, and is one of the fastest growing technology companies in the logistics industry.