• TPM25
  • March 2-5, 2025 | Long Beach Convention Center

Jaakko Elovaara

Youredi

CEO and Co-Founder

Jaakko is the CEO and co-founder of Youredi and drives the company’s strategy and execution. Jaakko has two decades of experience in the software business industry in North America, EMEA, and APAC. Prior to Youredi, Jaakko had worked in global sales and management positions at IBM, Microsoft, Basware, Itella, and Fujitsu. Jaakko holds a Master of Science in Economics and Business Administration from the Helsinki School of Economics and Business Administration. 

Sessions With Jaakko Elovaara

Wednesday, 6 March

  • 11:10am - 11:55am (PST) / 06/mar/2024 07:10 pm - 06/mar/2024 07:55 pm

    Shipper Case Study: Automating Detention and Demurrage Invoicing and Validation

    The Ocean Shipping Reform Act of 2022, along with its provisions around detention and demurrage (D&D), will have been in effect for nearly two years when TPM24 begins in March, but that doesn’t mean D&D has gotten any easier for shippers. Indeed, shippers and their carrier partners continue to struggle with the time-consuming, manual processing of D&D invoices. Further, the discretionary and punitive nature of D&D charges often create points of contention on both sides and distract staff from other key areas that need attention and support. Enter U.S. Bank Freight Payment, which in partnership with technology provider Youredi, is piloting a solution that will automate the validating and processing of D&D bills. The new offering aims to take the manual effort, paperwork, and stress away from customers and ensure timely and accurate processing of these bills without delay. This case study, featuring launch customer Bridgestone, will examine the challenges today’s manual processes pose, how the automated solution addresses them, and the benefits Bridgestone has achieved.