TRANSPay® provides freight payment processing – match-pay as well as auto-pay.  TRANSPay® optimizes cash flow management and reduces manual efforts related to freight payments. By calculating the best time for disbursement of funds, TRANSPay® allows you to take advantage of early payment terms, pay freight invoices on time, and avoid all penalties.

The new MBFSC processes impact accounts payable processes. TRANSPay® allows for reliable, line-item billing and auto-pay freight payment options to manage these new processes.

TRANSPay® Feature Benefits:Reference Data

• MBFSC line-item billing and auto-pay freight payment options.
• Auto-pay freight for all carriers.
• Match-pay freight for all carriers.
• Match freight invoices to freight accruals based on variances set by you.
• Automatically create payment requests from freight accruals for on-time processing of invoices by A/P.
• Streamline freight payment reconciliation.
• Interface with A/P systems in SAP and JDE to calculate and age freight accruals and to create payment requests for disbursement.
• Allocate freight costs to appropriate business unit.
• Record disbursement details such as check number, mail date, etc.
• Monitor multi-mode shipments for volume commitments and rebates.
• Optimization cash flow.
• Processes payment transactions for all transit modes provided by RateServer®.