DALLAS, Aug. 3, 2020 /PRNewswire-PRWeb/ — TriumphPay, the nexus of billing and payments in the transportation industry, today announced its platform is now fully integrated with HubTran, a leading transportation industry automation platform. The integration allows carriers get paid faster by allowing brokers to approve paperwork in the HubTran platform within seconds of its submission by carriers in the TriumphPay platform.
The integration allows TriumphPay and HubTran to offer a complete paperwork and payment cycle. Using the TriumphPay mobile app, carriers have the ability for paperwork capture and invoice presentment, payment settlement and remittance, and integrated QuickPay and supply chain finance.
“Combined with HubTran, the TriumphPay solution provides a comprehensive and efficient carrier payables solution for brokers,” said Haley Evans, vice president, and sales manager at TriumphPay. “We make it easier for carriers to submit paperwork and for brokers to approve it for payment.”
“HubTran was created to increase efficiency for the transportation back office,” said Josh Asbury, vice president of 3PL and Brokerage at HubTran. “Our integration with TriumphPay helps our customers work even faster. TriumphPay and HubTran are both leaders in the world of freight tech, and this integration creates a powerful, industry-leading solution for customers.”
TriumphPay and HubTran recently demonstrated the integration at the FreightWaves 3PL Summit. They will host another webinar on Tuesday, August 11 at 2:00 EDT to showcase the integration. Anyone interested in the webinar can register at triumphpay.com/hubtran.
About HubTran
HubTran has sparked a back-office revolution by replacing old-school systems with automation to process invoices, bill customers, and manage documents efficiently. The company does it with enterprise-grade software using optical character recognition (OCR) and artificial intelligence that’s smart, easy, and affordable. HubTran 3PLs, factors and forwarders work 4x faster with better cash flow and incredible accuracy.
About TriumphPay
TriumphPay is the nexus of billing and payments in the transportation industry. Its payment platform is used by shippers and freight brokers to process, settle, and manage carrier payments across all modes of transportation. TriumphPay provides early payment terms (QuickPay) to carriers, so brokers and shippers can grow their business and successfully retain top carriers. TriumphPay is offered through 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.
Original Source: https://www.finanzen.ch/nachrichten/aktien/triumphpay-announces-integration-with-hubtran-for-paperwork-submission-and-approval-process-1029461954