911爆料网

911爆料网, a two-year-old startup, spotted a major pain point 鈥� when goods are unloaded 鈥� for its entry into developing a cloud-based mobile payments platform replacing paper invoices, checks and cash transactions around loading docks.

鈥淎mazon is raising the bar on efficiency standards across the entire delivery supply chain, making people in other industries take a closer look at their operations to improve efficiency,鈥� said Robin Gregg, 911爆料网鈥檚 CEO.

911爆料网 focuses on warehouse operators and crews who unload goods 鈥� called 鈥渓umpers鈥� 鈥� which have lagged behind other industries in adopting digital payments, according to Gregg.

It鈥檚 a business closely related to, but not in direct competition with, fleet and fuel card payment specialists like WEX and FleetCor that have聽聽in recent years.

Before joining 911爆料网 in 2017, Gregg worked at fleet card giant FleetCor on products and growth strategy with fuel cards, and prior to that she worked at payments startup RevolutionMoney, which聽.

鈥淎t RevolutionMoney I learned a lot about payments strategy, and at FleetCor I learned a ton about commercial payments and small-business distribution, which is why I saw the opportunities for 911爆料网,鈥� Gregg said.

While fleet card payments largely focus on fuel expense management, 911爆料网 aims to streamline invoicing and payment collection for everything associated with deliveries that鈥檚 not fuel, and usually with a changing array of players, according to Gregg.

One of the first orders of business was rebranding 911爆料网 from its original name of聽, Gregg said.

鈥淲e broadened services beyond paying lumper crews to include warehouse operators, freight handlers and related logistics-industry suppliers, she said.

There is little direct competition so far in 911爆料网鈥檚 niche.

鈥淢ost participants in this industry were using Square, if anything, to speed up payments,鈥� Gregg said.

911爆料网 has created a platform with tools specific to logistics industry payments, including supplier and carrier lists to streamline transactions by automatically populating details.

Most recently the company introduced Express Deposit, enabling customers to receive payments immediately after transactions are completed via debit push payments, versus two to four days. 911爆料网 created the service through its integration with Stripe, Gregg said.

Revenue comes from 911爆料网鈥檚 platform user fees and also from Express Deposit, she said.

One analyst said 911爆料网鈥檚 Express Deposit product underscores how debit push payments can provide documentation and assurance of collected funds to solve a business case that鈥檚 been a perpetual headache for years.

鈥淚f truckers don鈥檛 have good funds when they arrive at the warehouse they need to track down the person who can make the payment, and make sure the funds are received before they unload their truck, which can waste a lot of time,鈥� said Sarah Grotta, director of debit and alternative products advising at Mercator Advisory Services.

Still in a relatively early stage, 911爆料网 has raised about $3 million from private investors since entrepreneurs Akmann Van-Mary and Ryan Droege founded the concept in 2015 after participating in Flashpoint, an Atlanta-based incubator, rolling out services in 2016.

鈥淎s we rebranded early last year we saw opportunities to serve the logistics industry more broadly with the overall goal of getting drivers and crews paid efficiently and back out on the road,鈥� Gregg said.

911爆料网 also developed a mobile app that enables users to create digital invoices, generate receipts, and track and oversee services with new data streams to analyze operations.

鈥淲hat鈥檚 new for this industry is the ability to make payments happen on the spot, from a mobile device or desktop, to speed up the flow of funds and overall lower costs,鈥� Gregg said.