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An announcement from The Descartes Systems Group ( (TSE:DSG) ) is now available.
Descartes Systems Group has announced that Giltner Logistics is enhancing its accounts receivable processes by integrating Descartes Aljex transportation management system with Upwell’s accounts receivable technology. This collaboration streamlines Giltner’s invoicing and payment cycles, significantly reducing manual efforts and improving cash flow management. The integration is expected to provide third-party logistics providers with improved liquidity and operational efficiency, driving sustainable business growth and improved customer satisfaction in the logistics industry.
More about The Descartes Systems Group
The Descartes Systems Group is a global leader in providing on-demand, software-as-a-service solutions aimed at enhancing the productivity, security, and sustainability of logistics-intensive businesses. Their modular solutions assist with routing, tracking, shipment execution, and global trade data access, among other logistics processes. The company is headquartered in Waterloo, Ontario, Canada, and has a global presence through various offices and partnerships.
YTD Price Performance: -2.25%
Average Trading Volume: 201,351
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.57B
For a thorough assessment of DSG stock, go to TipRanks’ Stock Analysis page.
