Global Freight Payment Solutions

Transform your freight payment process with VTM’s freight payment solutions, ensuring efficiency, accuracy, and enhanced control over carrier billings. Request your free demo today.

Connect with VTM today to get a free demo and to get started.

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Integrated Payment Solutions

VTM allows you to focus on the performance of your freight carriers. Delight your customers with excellent service. Leave the data collection, audit, payment and reporting of your carrier freight billings to VTM. VTM streamlines the payment process through our cloud-based platform TRANSWAREand integrates our controls and analytics into your organization’s KPI’s.

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Streamline Your Freight Payment Process

VTM eliminates your inhouse staff time required to audit, code, pay and report on your freight shipments. Our freight payment services incorporate the best practices and technologies to advance your control over carrier billings while producing the information required to manage your freight expenses.

  • Payments disbursed after VTM pre-payment audit and review of your carrier credit terms.

  • Professional & responsive carrier helpdesk VTM keeps your carriers informed of payment status and audit reductions.
  • TRANSWAREprovides solutions utilizing custom freight reporting, including freight accruals & spend forecasting.

     

How VTM Transforms Your Freight Payment Process

Electronic Data Interchange Improves Accuracy

Extensive use of Electronic Data Interchange (EDI) streamlines and kickstarts the audit and data collection process.  Timeliness, depth and accuracy of data collection is foundational to understanding your carriers’ performance.

Pre-Payment Audit Reduces Overpayments to your Carriers

Eliminate carrier billing errors prior to payment to reduce costs and accurately pay your carriers.

TRANSWARE™ Analytics Highlight your KPI’s

Work with VTM to identify your KPI’s. We will integrate custom reporting into your metrics. TRANSWAREwill compare and contrast your carrier spend activity by cost center, traffic lane traveled, service level provided & budget expectations.

Superior Audit and Payment Capabilities

Global Freight Payment Solutions

VTM has a global network of banking relationships that enable carrier payments in all of the major global currencies to maximize your cash flow.

Offering a variety of payment methods, VTM settles payments on our own check stock, ACH, your check stock, or a payment file returned to you for final payment delivery.

Streamline your payments

Your carriers want timely, consistent, and correct payments. VTM’s global payment services offer finance teams clear visibility into cash demands and flexible payment terms to age carrier invoices before requesting funds.

Improve relationships

Reduce your overhead with VTM’s experienced and professional carrier helpdesk. We partner with your carriers to educate and inform them about the payment process.

Your Complete Freight
Rating, Audit and Payment Platform

From pre-payment audits to accurate shipment rating and seamless payment solutions, TRANSWARE™ provides shippers with the end-to-end visibility and control you need to manage transportation costs, optimize efficiency, and leverage valuable insights to improve supply chain operations.

Ready to Optimize Your Freight Payment Operations?

Discuss with VTM your unique Freight Payment requirements. Schedule a conversation and TRANSWAREdemonstration to understand how our experience, willingness to compromise and powerful reporting platform will meet or exceed your current needs. SEE THE DIFFERENCE

Connect with VTM today to get a free demo and to get started.

By submitting my data I agree to be contacted

Our Solutions Solve Real Problems

Accurate Accruals & Cost Visibility

Accurately accruing costs for shipments is one of the biggest challenges for shippers of all sizes. To produce accurate accruals, there are a lot of moving parts but VTM’s expertise and tools can help simplify the process and drive better results.

More Accurate Accruals & Cost Visibility Benefits The Whole Team

Learn about how a national shipper of industrial materials & supplies took advantage of our easy integration process to get accurate shipping costs upfront and make planning easier for all of their teams.

10 minute read

Quick & Easy Onboarding
Analytics Deep Dive
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Least Cost Carrier Insights

Never overpay for a shipment again. Get VTM’s TRANSWARE platform to improve visibility, decrease cycle time, and improve carrier relationships.