Freightos vs Determine
Side-by-side comparison of AI visibility scores, market position, and capabilities
Digital Freight Marketplace & Rate Management
Global digital freight marketplace and rate management platform for ocean, air, and ground freight. Jerusalem/Hong Kong; NASDAQ: CRGO; WebCargo used by hundreds of major airlines and ocean carriers to manage digital cargo sales.
About
Freightos is a freight technology company that operates a global digital marketplace connecting importers and exporters with freight forwarders and carriers, alongside a SaaS platform for managing freight rates and quoting. Founded in 2012 and dual-headquartered in Jerusalem, Israel and Hong Kong, Freightos went public on NASDAQ in 2023 through a SPAC merger under the ticker CRGO. The company's WebCargo platform is used by hundreds of major airlines and ocean carriers to manage their digital cargo sales, and the Freightos marketplace helps importers and SMB shippers compare freight quotes and book shipments online.\n\nFreightos operates two interconnected businesses. Its WebCargo platform is a B2B freight rate management system used by freight forwarders and carriers to publish, manage, and distribute air and ocean freight rates digitally, replacing the paper and email-based rate processes that have characterized the freight industry for decades. The Freightos Marketplace is a consumer-facing freight booking platform where importers can compare instant quotes from multiple freight forwarders for ocean, air, and land freight shipments.\n\nFreightos competes in the digital freight procurement space with Flexport, Xeneta, and traditional freight forwarders that have invested in digital quoting capabilities. The company's WebCargo business has established strong distribution through major airlines and carriers, creating a network of digital rate data that powers both the rate management SaaS product and the marketplace. Freightos's public company status has provided capital and visibility as the freight industry continues its gradual digital transformation.
Source-to-pay and contract lifecycle management platform; Pleasanton CA; acquired by Corcentric; covers sourcing, contracts, purchasing, and invoicing for mid to large enterprises.
About
Determine is a source-to-pay and contract lifecycle management platform headquartered in Pleasanton, CA, that was acquired by Corcentric, a comprehensive financial technology and procurement services company. Prior to the acquisition, Determine had built a strong reputation for its contract lifecycle management capabilities within the broader source-to-pay suite.\n\nThe platform covers the full source-to-pay spectrum including strategic sourcing, supplier management, contract management, purchasing, and accounts payable automation. Its contract lifecycle management module is particularly robust, handling contract authoring, negotiation workflows, obligation tracking, and renewal management in a way that satisfies both procurement and legal teams' requirements.\n\nFollowing the Corcentric acquisition, Determine's capabilities have been integrated into Corcentric's broader platform, which also includes accounts receivable, treasury management, and managed services. This combination creates a more comprehensive financial operations platform for mid-market and large enterprise customers seeking to streamline both the procurement and financial management sides of their business operations.
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