RoadSync is digitalizing freight invoices and making payment seamless

Though the freight market is roughly worth $800 billion annually to the U.S. economy, it still is reliant on old school methods of operation. This includes heavily time-consuming paper-based documentation and manual handling of recurring processes that could be automated. 

Manually done, paper-based documentation includes invoices, creating inconsistencies and reducing efficiency – a means that is contradictory to the urgency that is now associated with freight movement.

RoadSync, a digital payment platform, is showing the freight industry an easier way to record invoices and collect payment from industry stakeholders – including truck drivers, carriers and brokers. 

“We typically work with service providers like warehouses, freight handlers and heavy truck repair shops, which commonly need to collect payment from truck drivers or the back offices in real-time,” said Robin Gregg, the CEO of RoadSync. “We are almost like Square, but we’re customized for the types of payment and invoicing that happens in the transportation industry.”

Gregg comes into the startup with more than 15 years of experience in the financial services sector, having spent considerable time at FLEETCOR, serving transport-related businesses with solutions for their employees to purchase items like fuel.