Increase Collaboration, Control and Visibility
U.S. Bank Freight Payment simplifies global freight invoice management and payment processing for both shippers and carriers. This powerful internet-based solution automates invoice processing, improves freight audit and payment, extends working capital benefits, and provides unmatched visibility to global cost and performance data. Shippers and carriers benefit from a collaborative online solution that:
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- Automates the freight invoice management process to remove cost and error and increase staff efficiency
- Conducts a comprehensive freight audit on every invoice before payment to ensure a single, cost-efficient, accurate disbursement
- Provides a convenient online invoice exception process that expedites resolution, keeping costs low and payments on track
- Standardizes and consolidates payment data from global operations, providing an accurate, timely view for strategic decision making
Click to see how U.S. Bank Freight Payment can help shippers save an average of 2% - 5% on transportation spend while helping carriers reduce receivables processing costs.
Trusted Payment Expertise and Financing
U.S. Bank provides the full assurance and guarantee of a Federally-regulated financial institution. Shippers and carriers can be confident that every payment is made accurately, securely, and on time. U.S. Bank Freight Payment can help cash flow management with built-in financing to extend days payable outstanding for shippers while shortening days sales outstanding for carriers.
Amplify TMS Performance
U.S. Bank Freight Payment is designed to extract maximum value from the freight invoice management and payment process while minimizing costs. It enhances the performance and ROI of transportation management systems (TMS) with enhanced functionality specifically designed for the financial supply chain.
U.S. Bank Freight Payment offers trading partners a fully automated, end-to-end solution for freight audit, invoice management and payment that reduces cost, provides complete visibility, and improves supply chain performance.