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TriumphPay is a leading provider of carrier and vendor payment solutions to the supply chain industry. TriumphPay has paid over 50,000 carriers on behalf of its freight broker and shippers. TriumphPay is a product of Advance Business Capital, an operating subsidiary of TBK Bank, SSB (Member FDIC). TBK Bank, SSB is a subsidiary of Triumph Bancorp, Inc. (Nasdaq: TBK), a financial holding company with a diversified line of community banking and commercial activities.
“It’s pretty attractive compared to factoring as an alternative,” said Wolfe. “There’s no chargebacks.
When it comes to freight audit and payment strategy, shippers don’t operate as a monolith.
Payment visibility is a proven builder of carrier loyalty.
As more signs in the truck freight market point to decreasing demand and excess capacity, brokers are looking for better ways to increase the efficiency of their back-office operations to remain competitive and grow their business. Most brokers require at least one or two employees dedicated to cutting checks, stuffing and sending out envelopes, verifying […]
Cash flow – the life blood of a trucking operation – is under more pressure than ever as shippers continue to push out pay dates to their brokers, giving brokers limited options other than to do the same to their carrier partners.
TriumphPay, a leading provider of carrier and vendor payment solutions and MercuryGate, a global provider of cloud-based transportation management solutions, announced today a strategic partnership and integration of TriumphPay’s carrier payment processing platform with MercuryGate’s Transportation Management System.
TriumphPay seamlessly integrates into a brokerage’s existing TMS (Transportation Management System) and core accounting platforms so that brokers can confirm payment to carriers with a click of a button. Brokers can customize their payment terms, including quick-pay options.
TriumphPay, a leading provider of carrier and vendor payment solutions to the supply chain industry, now has more than 100 brokerages using its payment processing solution.
TriumphPay, a leading provider of carrier payment, factor management, supply chain finance solutions and Intelligent Audit, a leader in freight audit, business intelligence analytics, and transportation spend optimization solutions, announced today a new partnership. The companies, which process a combined $15 billion in transportation spend annually, said that they are committed to streamlining and digitizing […]
