article thumbnail

CloudTrade Steps Into Freight Invoicing Market

PYMNTS

Electronic invoicing and data capture company CloudTrade is rolling out a new solution designed for the logistics and freight industry, the company revealed this week. “So, whether it’s freight invoices, sales and purchase orders or advanced shipping notices, CloudTrade processes them automatically. .

article thumbnail

Vector Teams With McLeod Software To Speed Up Transportation Billing

PYMNTS

To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with transportation management software firm McLeod Software , according to an announcement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Blockchain Alliances Form Partnership In Shipping, Transport

PYMNTS

Two blockchain alliances have formed an alliance of their own to promote the use of blockchain in the global logistics and transport industry. 6) stated that the Wall Street Blockchain Alliance (WSBA) and the Blockchain in Transport Alliance (BiTA) are collaborating to develop solutions in supply chain financing and risk management.

article thumbnail

U.S. Bank Launches New Visibility, Invoice Options For Freight Carriers

PYMNTS

Bank features will allow freight carriers new B2B payment options such as a new dashboard for better receivables visibility and a way to pay invoices much quicker, according to a June 10 press release. The option for Quick Pay will be found in the dashboard, the release notes.

article thumbnail

8 Forms of Waste in Finance Processes (Lean Approach in Finance)

Fpanda Club

Lean helps organizations to identify and minimize waste which exists everywhere and can take 8 forms: defects, overproduction, extra processing, waiting, inventory, motion, transportation and non-utilized people. Transportation This kind of waste includes moving items, people, information more often or over farther distances than necessary.

Finance 130
article thumbnail

How Dynamic Supply Chain Analytics Smooths Cash Flow

PYMNTS

. “As a result, companies are forced to keep extraordinary amounts of excess inventory or buffer stock, spend large amounts on expedited freight, finance inventory over long lead times, lose productivity due to highly manual workarounds and have cash flow tied up due to unnecessary invoice-to-payment cycles,” he said.

article thumbnail

Partnership Bridges Trucking Industry To Invoice Finance

PYMNTS

An announcement on Wednesday (June 22) said InMotion Global-owned AscendTMS will integrate Triumph’s invoice factoring solution into its software, enabling trucking companies, freight shippers and third-party logistics firms to access financing.