Transplace Inc., a provider of logistics technology and transportation management services, offers the Transplace Pay On-Demand Program for carriers. With Pay On-Demand, participating carriers are paid as soon as their invoices are approved instead of having to wait for the agreed credit terms, which results in accelerated cash flow. The program is fully automated using a corporate purchase card.
Transplace assesses no fees for participation in the program. Credit card merchant fees will apply but are typically offset by the cash flow benefits of accelerated payment and the savings from process automation. Transplace provides participating carriers with a credit card number to keep on file.
Company URL: www.transplace.com