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.
Traditional freight payment methods create unnecessary costs and operational friction
Wire transfer fees ($25-50 each), ACH fees, check processing, and credit card charges add up quickly when processing hundreds of carrier payments monthly.
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.
Tracking payment status across multiple banks and methods creates reconciliation headaches and makes audits time-consuming.
Cutting checks, initiating wires, and manual data entry waste valuable staff time that could be spent on strategic activities.
A comprehensive platform built specifically for shipper payment operations
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.
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.
Real-time dashboard with complete transaction history. Every payment is tracked, timestamped, and auditable. Export data directly into your accounting system or TMS.
Connect directly to your Transportation Management System. Payments are automatically triggered when loads are marked delivered, eliminating manual data entry and reducing errors.
See how much FreightPay can save your operation
How a regional shipper transformed their payment operations
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:
Gain complete visibility and control over your freight spend with enterprise-grade cost allocation tools
Automatically allocate freight costs across departments, projects, customers, or any custom dimension. Support unlimited allocation hierarchies with cascading rules.
Define unlimited cost center dimensions and track freight spend across multiple business axes simultaneously for comprehensive financial visibility.
Calculate true total landed cost including freight, accessorials, fuel surcharges, detention, and all ancillary charges for accurate product costing.
Chicago to Dallas
Direct integration with your ERP for automatic general ledger entries with proper cost center codes
Set budgets by cost center, track spending in real-time, and receive alerts when approaching limits
Compare actual costs vs. budgeted amounts with automated variance reporting and trend analysis
Automate internal chargebacks to business units or customers based on freight usage
Create complex allocation rules based on any combination of shipment attributes
Complete history of all cost allocations, changes, and approvals for compliance
Role-based permissions for accounting, operations, and management teams
Customizable payment approval processes for compliance
Process hundreds of payments simultaneously with one click
Schedule payments in advance or set up recurring payments
Build custom reports for accounting, tax, and audit purposes
Enterprise customers can brand the payment experience
Schedule a personalized demo to see how FreightPay can reduce costs and streamline your operations.