BravoTran Launches Cash Application Solution to Automate Payment Matching for Freight Forwarders

CHICAGO, Oct. 1, 2026 /PRNewswire/ -- BravoTran, a financial automation platform built for freight forwarders and customs brokers, today announced the launch of BravoTran Cash Application, a solution that automates the matching of incoming customer payments to the correct invoices.

BravoTran Cash Application connects incoming payments with customer remittance advice, original invoices, and bank deposit information, then closes confirmed matches directly in CargoWise. Instead of requiring accounting teams to manually search across CargoWise, email and bank statements, the solution routes only exceptions that need human review to a centralized workflow.

The launch expands BravoTran's automation beyond accounts payable and into cash application on the receivables side.

The product is already live, with freight forwarders processing real payments through it today and additional customers onboarding this week.

Turning a Manual Search Into an Automated Match

BravoTran Cash Application is built around a simple principle: people should handle exceptions, not routine matches. The solution automatically gathers the information needed to determine where a payment belongs, including incoming customer payments, remittance advice, original invoices, bank deposit information, and customer and invoice data within CargoWise, which stays current in real time as invoices post, are credited, or are reversed. Once a match is confirmed, the transaction closes directly in CargoWise; only payments that can't be confidently matched are routed for review.

"We built BravoTran Cash Application to make the straightforward transactions disappear from the workload and put human attention where it delivers the most value," said Tom Durrenberger, CEO of BravoTran.

Automation That Scales With the Business

For freight forwarders, manual cash application creates a difficult equation: more customers and shipments mean more payments, and more payments mean more work, which is often a one-to-one relationship between transaction volume and headcount. BravoTran Cash Application breaks that link, allowing forwarders to process more payments without adding proportional staff.

The company notes several expected benefits:

• Reduced manual labor: teams no longer search multiple systems for information that can be matched automatically
• Faster cash application: finance teams will have a timelier view of what's been paid and what remains outstanding
• Improved accuracy: automated matching reduces manual entry errors
• Sharper focus: efforts spent on exceptions that genuinely require judgment

Built for Freight Forwarding

Durrenberger said the automation also creates a valuable data trail for forwarders: once payments, remittance information and invoices are consistently matched and tracked, finance teams gain greater visibility into payment behavior, including which customers pay late, where discrepancies occur, and where billing issues may be delaying payment.

"We looked into other systems, but they were more expensive and not created for our industry. BravoTran's Cash Application was built specifically for freight forwarders, which not only increases efficiency but costs significantly less," says Laurie Zailski, Director of Accounting, Rogers & Brown. "Their system allows us to focus more on higher-value work, while giving us faster, more accurate visibility into our cash."

BravoTran Cash Application is available initially to U.S.-based freight forwarders and customs brokers operating on CargoWise. It is offered as part of the broader BravoTran Receivables suite and can also be purchased as a standalone product separate from BravoTran Payables.

To learn more or schedule a demonstration, visit: https://web.bravotran.com/cash-application.

About BravoTran
BravoTran is the only end-to-end AP and AR automation platform designed from the ground up for freight forwarders. BravoTran Payables automates AP invoice processing from receipt through payment, integrating natively with CargoWise and Magaya. BravoTran Receivables manages the full outbound billing cycle, including customer-specific invoice tailoring, direct freight auditor connections, and a customer self-service portal. The company serves 400+ customer accounts in 60 countries. More information is available at www.bravotran.com.

Media contact:
Dyana Flanigan
Flanigan Communications, Inc.
(312) 213-6233
[email protected] 

SOURCE BravoTran