FOR SHIPPERS

Optimize Your Freight Payment Operations

Reduce payment processing costs by up to 70%, access better carrier capacity with fast 7-day payments, and gain complete visibility into every transaction. Carriers offer small discounts (0.5-2%) for fast payment—you benefit from better rates and improved carrier relationships.

70%
COST REDUCTION
7 Days
PAYMENT CYCLE
0.5-2%
CARRIER DISCOUNTS

Common Shipper Payment Challenges

Traditional freight payment methods create unnecessary costs and operational friction

High Processing Costs

Wire transfer fees ($25-50 each), ACH fees, check processing, and credit card charges add up quickly when processing hundreds of carrier payments monthly.

Carrier Relations Strain

30-60 day payment terms frustrate carriers, limiting your access to quality capacity. Meanwhile, you can't see which carriers are willing to offer discounts for fast payment, missing cost savings opportunities.

Limited Visibility

Tracking payment status across multiple banks and methods creates reconciliation headaches and makes audits time-consuming.

Manual Processes

Cutting checks, initiating wires, and manual data entry waste valuable staff time that could be spent on strategic activities.

How FreightPay Solves These Challenges

A comprehensive platform built specifically for shipper payment operations

1

Dramatically Reduce Payment Costs

Our flat-rate pricing of 0.3-0.5% per transaction eliminates expensive wire fees, reduces ACH costs, and cuts credit card processing expenses. A shipper processing $10M annually can save $50,000+ in payment fees alone.

  • No wire transfer fees ($25-50 per payment)
  • No check printing or mailing costs
  • Bulk payment discounts available
  • Predictable, transparent pricing

Access Better Capacity with Carrier Discounts

See which carriers offer discounts for 7-day payment. Carriers set their own discount rates (0.5-2%) for fast payment instead of waiting 30-60 days. You pay in 7 days, carriers get cash flow, and you benefit from lower rates and priority capacity.

  • View carrier discount rates during carrier selection
  • Compare total cost including discounts when choosing carriers
  • Become a "preferred shipper" with 7-day payment terms
  • Access quality capacity even during peak seasons
  • Carriers save 50-75% vs factoring, so they prefer your business
2
3

Complete Payment Visibility

Real-time dashboard with complete transaction history. Every payment is tracked, timestamped, and auditable. Export data directly into your accounting system or TMS.

  • Real-time payment status tracking
  • Automated reconciliation with load data
  • Customizable reports for accounting
  • Complete audit trail for compliance

Seamless TMS Integration

Connect directly to your Transportation Management System. Payments are automatically triggered when loads are marked delivered, eliminating manual data entry and reducing errors.

  • API integration with major TMS platforms
  • Automated payment triggering
  • Bulk payment processing
  • CSV import for custom systems
4

Calculate Your Potential Savings

See how much FreightPay can save your operation

Your Estimated Annual Savings

$0
Current Annual Cost: $0
FreightPay Annual Cost: $0

Success Story

How a regional shipper transformed their payment operations

$216K
Total Annual Savings
7 Days
Payment Terms
1.2%
Avg Carrier Discount

Midwest Food Distributor

Challenge: Processing 300+ carrier payments monthly via wire transfers at $35 each, plus significant staff time for reconciliation. Carriers complained about slow payment times (45+ days).

Solution: Implemented FreightPay with direct TMS integration. Switched to 7-day payment terms. Carriers offered 1-1.5% discounts for fast payment.

Results:

  • Reduced payment processing costs by 68% ($72K annually)
  • Additional 1.2% savings from average carrier discounts ($144K on $12M spend)
  • Carrier network grew by 35% within 90 days
  • Became preferred shipper with top 50 carriers due to fast payment
  • Freed 15 hours/week of accounting staff time
  • Eliminated payment reconciliation errors

Advanced Cost Management for Enterprise Shippers

Gain complete visibility and control over your freight spend with enterprise-grade cost allocation tools

Multi-Level Cost Allocation

Automatically allocate freight costs across departments, projects, customers, or any custom dimension. Support unlimited allocation hierarchies with cascading rules.

  • Department-level cost tracking
  • Project/job code assignment
  • Customer-specific allocation
  • Geographic region breakdowns
  • Product line categorization
  • Custom GL code mapping

Dimensional Cost Centers

Define unlimited cost center dimensions and track freight spend across multiple business axes simultaneously for comprehensive financial visibility.

  • Multi-dimensional reporting (up to 10 dimensions)
  • Cost center hierarchies and roll-ups
  • Real-time dimension assignment
  • Automatic dimension inheritance
  • Budget tracking by dimension
  • Variance analysis and alerts

Total Landed Cost Management

Calculate true total landed cost including freight, accessorials, fuel surcharges, detention, and all ancillary charges for accurate product costing.

  • Automated TLC calculation
  • Per-unit cost attribution
  • Weight/volume-based allocation
  • Accessorial charge breakdowns
  • Fuel surcharge tracking
  • Integration with ERP/WMS

Example: Multi-Dimensional Cost Allocation

Single Load: $2,500

Chicago to Dallas

By Department
Sales East $1,000 (40%)
Sales West $1,500 (60%)
By Customer
Customer A $1,250 (50%)
Customer B $750 (30%)
Customer C $500 (20%)
By Product Line
Electronics $1,875 (75%)
Furniture $625 (25%)

Additional Enterprise Cost Features

Automated GL Posting

Direct integration with your ERP for automatic general ledger entries with proper cost center codes

Budget Management

Set budgets by cost center, track spending in real-time, and receive alerts when approaching limits

Variance Analysis

Compare actual costs vs. budgeted amounts with automated variance reporting and trend analysis

Chargeback Processing

Automate internal chargebacks to business units or customers based on freight usage

Cost Allocation Rules Engine

Create complex allocation rules based on any combination of shipment attributes

Audit Trail

Complete history of all cost allocations, changes, and approvals for compliance

Enterprise Features for Shippers

Multi-User Access

Role-based permissions for accounting, operations, and management teams

Approval Workflows

Customizable payment approval processes for compliance

Batch Payments

Process hundreds of payments simultaneously with one click

Payment Scheduling

Schedule payments in advance or set up recurring payments

Custom Reports

Build custom reports for accounting, tax, and audit purposes

White-Label Options

Enterprise customers can brand the payment experience

Ready to Modernize Your Freight Payments?

Schedule a personalized demo to see how FreightPay can reduce costs and streamline your operations.

Average Response Time
Under 2 hours during business hours

Schedule a Demo