# ODeX Is Leading the Charge in Digital Freight Invoicing

By Mike Bush · Published 2025-04-24 · Updated 2026-05-19 · Transportation on MarketScale
Canonical: https://www.marketscale.com/industries/transportation/odex-is-leading-the-charge-in-digital-freight-invoicing
Creator hub: Hammer Down

> Automating freight billing could unlock tens of billions in savings for the global shipping industry

## Key points

- ODeX centralizes freight invoices and shipment documents on one platform, eliminating manual email workflows and reducing human error.
- Payment confirmation times are cut from up to 48 hours down to six hours, helping prevent cargo release delays.
- Launched in the US in 2023, ODeX has surpassed 1,000 customers and expanded to Canada, supporting 150+ shipping lines in 15 countries.

Block Field

Global shipping continues to grapple with fragmented billing processes, often delaying cargo movement. According to [McKinsey,](https://www.mckinsey.com/industries/logistics/our-insights/the-multi-billion-dollar-paper-jam-unlocking-trade-by-digitalizing-documentation?utm_source=chatgpt.com) adopting an electronic bill of lading could save $6.5 billion in direct costs and enable $40 billion in global trade. As vessels carry goods for thousands of shippers per voyage, the administrative burden of managing and reconciling invoices through outdated systems has made digital freight invoicing a rising priority for modernization.

> Adopting an electronic bill of lading could save $6.5 billion in direct costs and enable $40 billion in global trade.

How can digitized invoicing and integrated payment platforms reduce administrative overhead and accelerate the cargo release process?

On [*Hammer Down*](https://marketscale.com/shows/hammer-down/) at [*Manifest Vegas*](https://manife.st/), host [Mike Bush](https://www.linkedin.com/in/mbush/) talks with [**Rishav Mondal,**](https://www.linkedin.com/in/rishav-mondal-2869a5225/?originalSubdomain=in) Senior Key Account Manager at [**ODeX**](https://www.odexglobal.com/). Mondal dives into how the company helps shipping lines and customers manage documentation and payments at scale. He explains how **ODeX** replaces inefficient email workflows with instant access to invoices, shipment reports, and digital payment options—all in one platform.

**Key Points from the Episode:**

-  **Centralized Access to Freight Documents:** **ODeX** eliminates the need for back-and-forth emails by consolidating all shipping invoices and documents on one platform. Customers can log in, view pending invoices, and track documents in real time, saving time and reducing human error. 
-  **Faster Payment Confirmations:** Before **ODeX**, many customers waited up to 48 hours for payment confirmation through traditional ACH or wire methods. **ODeX** shortens this process to six hours. This faster turnaround helps prevent cargo delays caused by pending financial approvals and strengthens the case for digital freight invoicing across global shipping networks. 
-  **Expanding Across North America:** **ODeX** launched in the United States in 2023 and has since onboarded more than 1,000 customers. After strong demand, the platform is now available in Canada. It supports over 150 global shipping lines and continues to grow across 15 countries. 

### About the Guest

**Rishav Mondal** serves as the Senior Key Account Manager for Implementation and Relationship Management at **ODeX**. He supports platform adoption across new markets and collaborates with global stakeholders to streamline digital workflows in freight logistics. His background in international operations, project coordination, and client success has played a key role in **ODeX**'s expansion across 15 countries.

Tags: freight payment solutions, logistics payment integration, ODeX, Rishav Mondal, shipping invoice processing, supply chain automation

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