Image of a calculator, notepad and few currency notes to denote fintech trends in logistics

Emerging fintech trends in logistics and supply chain management

What is fintech and how is it transforming the logistics industry? Fintech is an evolving industry with innovative technological solutions to efficiently streamline financial processes. Fintech is now an emerging trend in logistics and supply chain management that initiates business transformation by providing assistance for administration, accounting, and automation in transportation and logistics. Fintech trends in logistics are gradually rising in terms of flexible payment terms, transparency in transactions and multiple financing options from banks and third-party vendors. Why are fintech trends in logistics essential? Logistics owners, fleet managers and truck drivers can solve the biggest challenges in logistics with fintech. Adopting fintech industry trends in logistics and supply chain management facilitates overcoming challenges in terms of financial systems, flexibility, and security. From managing on-road expenses to credit management and insurance claims, fintech is essential for  logistics and supply chain management.  How is fintech adopted in logistics and supply chain management? The emerging fintech trends in logistics and supply chain management that optimise operations include invoice management, credit management, insurance management, asset management and risk management. Let’s Wrap Up! Fintech industry trends in logistics and supply chain management is revolutionising the logistics industry through connected, quick and automated payments. The integration of fintech trends in transportation and logistics provides a seamless experience in terms of invoice management, credit management, insurance management, asset management and risk management by leveraging the potential of artificial intelligence, machine learning and blockchain technologies.  Axlerate is a unified platform for Logistics management, payments and services. Our solutions help to simplify tolls, fuel purchases, fleet expenses, loans, insurance, escrow, payments, truck booking, fleet management and the buying and selling of logistics products and services.