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TriumphPay, a division of TBK Bank, SSB, announced today the appointment of Ed Schreyer as chief operating officer of the division. Schreyer will officially join TriumphPay in early March and will report to its chief executive officer, Jordan Graft. As chief operating officer, Schreyer will be responsible for TriumphPay’s day-to-day operations, ensuring the overall vision is brought to fruition by delivering a product with no defects, excellent customer service, and timely payment solutions. Schreyer will lead...
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January 12, 2020: Bug Fixes Users logging into factor.triumphpay.com are being incorrectly redirected causing login issues. This has been resolved. ...
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December 22, 2020 Enhancements · If the only the due date and not approved date is provided on the invoice, then the back-calculated approved date will not be displayed to the carrier. · Add column for the credit note’s invoice number on payout report. This is different than the invoice’s invoice # that the credit note is attached to. Bug Fixes · Payout report needs to only show invoice# if invoice ref# does not exist. · Fixed timeout errors on UserList December 17, 2020 Enhancements · Credit note invoiceNo...
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The FreightTech 100 Awards are based on nominations from FreightWaves readers, many of whom are industry leaders and experts. Readers submitted over 500 nominations for over 200 unique companies across 31 U.S. states this year. The FreightWaves editorial and research teams narrowed those nominations down to the top 100 companies. From there, a handpicked peer group of CEOs, industry leaders and freight investors selects the FreightTech 25. Each member of the independent FreightTech 25 panel will rank...
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TriumphPay and HubTran to host webinar on August 11, 2020 to demonstrate the integration TrumphPay, 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 carries to get paid faster by allowing brokers to approve paperwork in the HubTran platform within seconds of its submission by carriers in the TriumphPay platform. ...
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TriumphPay recently partnered with HubTran to further complete the paperwork cycle and expedite paperwork processing so carriers can get paid faster. With TriumphPay and HubTran, a carrier can submit paperwork, have it approved by the broker, and be paid QuickPay in as little as a few minutes. In this webinar, we will discuss: Mobile Image Capture and Invoice Presentment Payment Settlement and Remittance Integrated QuickPay and Supply Chain Finance The webinar will be live on August 11, 2020 at 2:00pm CDT...
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The COVID-19 pandemic has disrupted the freight market and supply chains as a whole in a number of ways, causing spikes in demand for essential items and leading consumers to shop for most of these goods online. This market volatility has also created issues around liquidity for a number of shippers, who seek pricing transparency and ease of use in the payment process. To provide insights around how the pandemic has impacted liquidity for shippers, FreightWaves...
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In this episode of Fuller Speed Ahead, FreightWaves Founder and CEO Craig Fuller speaks with TriumphPay President Jordan Graft about changing how payments are sent and received in the transportation industry. ...
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New partnership aims to cut costs attached to carrier payment processing and provide quick payment options Holland, MI – June 9, 2020 BluJay Solutions, a leading provider of global supply chain software and services, today announces a solution and tech partnership with TriumphPay, the nexus of billing and payments in the transportation industry. TriumphPay’s payment platform is used by shippers and freight brokers to process, settle, and manage carrier payments across all modes of transportation. This partnership integrates BluJay’s...
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Dallas – May 28, 2020 TriumphPay announced today that it has entered into a new partnership with Seaford, Delaware-based Trinity Logistics to provide real-time visibility into its brokerage payment services. Trinity Logistics will leverage TriumphPay’s payment processing platform to further automate and improve efficiencies in its brokerage network, offering a better payment experience for carriers. “We believe this partnership will be a major catalyst in digitizing and streamlining the payments process for carriers working with Trinity,” said...
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Green Bay, Wisconsin– April 28, 2020 chneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, has implemented more options to improve the carrier experience by adding capabilities from TriumphPay, a payment processing platform for brokers and shippers, and Transflo, a leading business process automation and digital communications provider. The company’s unique ability to combine both TriumphPay’s and Transflo’s expertise on its brokerage platform dramatically accelerates transactions and expedites third-party carrier payments. Schneider’s pairing...
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TriumphPay, a leading provider of carrier and vendor payment solutions, announced today a new strategic partnership with U.S. Xpress, the nation’s fifth largest asset-based truckload carrier by revenue. Through the partnership, TriumphPay will provide U.S. Xpress with real-time visibility through its proprietary payment portal and streamlined carrier payment services. TriumphPay allows carriers to manage multiple broker relationships, upload paperwork, set payment method and pay terms, and see payment status. Through its proprietary payment portal, carriers enter...
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With integration, brokers can increase their QuickPay revenue, drive carrier loyalty, and improve back-office efficiency. TriumphPay, a leading provider of carrier and vendor payment solutions and McLeod Software, a supplier of transportation management and trucking software for carriers, brokers, and third-party logistics providers (3PLs), announced today an integration of TriumphPay’s carrier payment processing platform with McLeod Software’s PowerBroker. Robert Brothers, Product Manager for McLeod Software says, “Partnering with TriumphPay to provide a best in class payment solution...
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As the freight industry becomes more tech-friendly, carriers are adopting technology solutions to streamline their business operations. However, technology adoption is critical for brokers as well to ensure they are meeting the expectations of their carrier partners and building loyal, lasting relationships with them. FreightWaves partnered with TriumphPay for this webinar to provide insight into how technology can drive long-term relationships between carriers and brokers. During this hour-long session, Kate Juliao, Vice President of Operations for...
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Technology has begun to change the way that freight brokerage companies operate. With data capture, workflow management and automation tools now available, many companies are seeing creating greater levels of transparency, efficiency and ROI. However, many companies are still using manual paperwork and processes, which often draw out the overall timeframe needed to post a load, invoice carriers and process payments, in addition to opening the door to errors resulting from manual entry. If you missed...
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TriumphPay’s Jordan Graft and Melissa Forman showcased where the future of payments is headed at Transparency19 in Atlanta this May. Carriers and brokers can look forward to many new features from TriumphPay coming soon. ...
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If you couldn’t make the webinar this week, here is a recording. The payment process can present a number of challenges within the freight industry, from dealing with errors in invoices to managing and protecting the sensitivity of the data they contain. As a result, many companies opt to outsource their payments to third parties who specialize in payments to save time and avoid the complexities altogether. And when it comes to selecting a payment method,...
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In a tight capacity market, how you pay your carriers is crucial to maintaining a loyal carrier base and capitalizing on the current rate environment. While 60% of brokers offer some form of QuickPay, overall QuickPay penetration in the industry is less than 10% while factored loads inches closer to 50%. More importantly, carriers prefer to take a broker QuickPay and will actively look for loads from brokers they know have a cheap QuickPay. So...
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The TIA Capital Ideas Conference and Exhibition is just a week away. TriumphPay will be located at booth #508 in the exhibit hall. Here’s a list of all the ways you can catch up with the TriumphPay team at #TIA2019con: EVP of Payment Solutions Jordan Graft will speak on two different panels.How FreightTech Companies Can Help You Successfully Compete – A panel composed of freigh tech companies will discuss the broad range of services, apps, and...
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TriumphPay is pleased to announce today appointment of Melissa Forman-Barenblit to the roles of Senior Vice President and Chief Operations Officer. In this role, Forman-Barenblit will focus on improving internal operations, expanding business development efforts, and developing the TriumphPay brand and positioning in the freight industry. “We are delighted to have Melissa join the TriumphPay team as our COO,” says Jordan Graft, Executive Vice President of Payment Solutions for TriumphPay. “She has decades of experience across...
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TriumphPay, a leading provider of carrier and vendor payment solutions, announced today the appointment of Mitch Hixon to the newly created role of Vice President, Business Development. In this role, Hixon will focus on marketing TriumphPay’s financing and vendor payment solutions to the top 100 Brokers and intermediary businesses with significant working capital requirements in their supply chain. The position represents a strategic extension of TriumphPay’s traditional focus on freight brokers and carriers to now include...
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TriumphPay, a leading provider of carrier and vendor payment solutions to the supply chain industry, now has more than 100 brokerages using its payment processing solution. “First and foremost, we are grateful to the 3PL companies that have placed their trust in TriumphPay to manage their carrier payment process,” said Jordan Graft, EVP of TriumphPay. “We never take for granted that we are working on behalf of and as an extension of our clients when we...
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Dallas, Texas — Oct. 15, 2018 TriumphPay, a leading provider of carrier and vendor payment solutions and MercuryGate, a global provider of cloud-based transportation management solutions, announced today a strategic partnership and integration of TriumphPay’s carrier payment processing platform with MercuryGate’s Transportation Management System. The integration allows shippers and brokers, from their existing MercuryGate TMS account, to outsource the processing of carrier payments and management of factoring companies to TriumphPay, a product offered by a subsidiary of TBK...
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Dallas And Rochelle Park, N.J. (PRWEB) October 09, 2018 TriumphPay, a leading provider of carrier payment, factor management, supply chain finance solutions and Intelligent Audit, a leader in freight audit, business intelligence analytics, and transportation spend optimization solutions, announced today a new partnership. The companies, which process a combined $15 billion in transportation spend annually, said that they are committed to streamlining and digitizing business processes attached to transportation management. TriumphPay is a product offered...
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TriumphPay, the logistics industry ultimate carrier payment processor, received “Best in Show” accolades at the inaugural Transparency18 logistics conference, which took place May 21-23 in Atlanta, GA. Representing TriumphPay were Jordan Graft, EVP Payments, and John Shields, Chief Technology Officer. The 7-minute demonstration featured a standard spot market load from rate confirmation through to payment. “We have an opportunity to fundamentally change what invoicing and payments looks like, ” said Graft. “We waste hundreds of millions dollars...