Payment days are a common problem for businesses. How quickly are carriers paid? What about shippers? Processing and paying invoices is a tedious and time-consuming process that is a necessary evil. Carriers want to be paid immediately and most shippers will eventually pay. Problems arise, extra charges appear on invoices, and collections are a nightmare.
A major FreightWaves attraction The future of the supply chain The live event in northwest Arkansas on May 9 and 10 will be the 7-minute live demos. Here is a preview of one of these demos.
As 3PLs, freight brokers and shippers look for ways to streamline workflows and increase efficiency, it becomes imperative that the right tools are in place to actually help. Extra time should be spent on growing the business and moving goods, not chasing after an ACH payment or a lost check sent to a carrier.
Company: Payments per axle
Demo product: Payments per axle
What it does: Axle is a payment automation and financing platform for freight and logistics.
Who needs it most: shippers, 3PLs and freight brokers
“Axle is a payment automation and financing platform for freight and logistics. Today, we work with freight brokers and manage all of their collections, loans, carrier payments and accounting, keeping these freight brokers doing what they do best: freight brokerage. We’ve taken off since the launch of Axle in 2018 and grew 5x in the last year, and from Q1 looks, we’re maintaining that pace in 2022! — Payments per axle
Axle works best with great partnerships with TMS and accounting systems designed to adapt to customer workflows, helping to automate the back office. Axle offers pure factoring, non-recourse factoring and payment processing options.
Key to a 7 minute pitch: “Over the past year, we’ve built a full suite of services/products, so we can truly be their one-stop payment solution. Unfortunately, with 7 minutes, we won’t have time to show all of these products, so we’ll just focus on our core products and our user-friendly interface which, quite simply, makes life easier for our customers. — Payments per axle
Register today for the Future of Supply Chain #FOSC22
Leading supply chain voices will travel to Rogers, Arkansas, May 9-10.
*Limited time pricing available.