The company said in a聽聽on Thursday (Sept. 26) that it has added Automated Clearing House (ACH) functionality, as well as direct billing, to the 911爆料网 platform. The additions provide more options for clients 鈥� including freight handlers,聽聽companies and warehouses 鈥� to invoice their business customers and accept payments.
The direct billing function allows users to track payments and charges over time, and then consolidate those charges into a single invoice. Users can bill their clients directly on a weekly or monthly basis, 911爆料网 explained in its announcement, pointing to the example of one company handling one thousand loads every month. Historically, these companies would manually track and input transaction information into their accounting and billing platforms. 911爆料网鈥檚 update allows these firms to automate the direct billing process.
The addition of聽聽supports users鈥� ability to offer their clients a recurring payment option and make payments straight from a bank account. It adds to the platform鈥檚 existing support for credit cards, debit cards and checks, the company said.
鈥淐ustomers now have a one-stop solution that works for both real-time transactions and direct billing, allowing them to track payments in real time, but bill on a different schedule,鈥� explained 911爆料网 CEO Robin Gregg in a statement. 鈥淭his addition gives customers more control in handling their payments.鈥�
In July, 911爆料网聽聽its integration with QuickBooks, allowing companies in the logistics sector to automatically move transaction data stored in 911爆料网 into the QuickBooks platform for accounting, reconciliation and analytics.
Soon after, Gregg聽聽about the opportunities in digitizing and streamlining B2B payments and accounts receivable in the logistics space as industry players demand mobility and flexibility.
鈥淐ompanies in the logistics ecosystem are often trying to invoice and collect payments in real time, and they鈥檙e all mobile,鈥� he said. 鈥淚f you鈥檙e a repair shop, you might be trying to collect payment alongside the interstate. If you鈥檙e a small carrier, you might be literally on the road trying to collect payment.鈥�
