Logistics FinTech RoadSync has launched RoadSync Advance, a broker and carrier payment management platform.
“RoadSync Advance makes it easier and faster for brokers and carriers to pay accessorial, lumper and other over-the-road fees, reducing driver delays and improving back-office insights for reconciliation, fraud prevention and improved cash flow,” the Atlanta company said in a news release Thursday (March 17).
RoadSync added that the platform “addresses the pervasive issue in the industry of slow, complicated fee payment.”
The company said the platform will help brokers and carriers streamline operations by eliminating manual processes and reconciling payments for fees drivers make on the road.
The launch of RoadSync Advance follows last month’s release of RoadSync Driver, an expense management app for truck drivers that supports seamless payments and gives drivers tools that help them manage expenses, streamline communication and digitize paper trails.
Read more: Digital Tools Help Truck Drivers Manage Expenses, Spend More Time Driving
“The industry’s historical reliance on manual payment processes poses a significant challenge to supply chain modernization and efficiency,” said Robin Gregg, CEO of RoadSync. “RoadSync is on a mission to disrupt the old patterns of the industry by automating payment processes and increasing accessibility to best-in-class technology.”
See also: RoadSync, PTP Partner for Faster Roadside Payments
Last year, RoadSync teamed up with Professional Transportation Partners, LLC (PTP) to offer its RoadSync Checkout product to vendors in the PTP Shop Repairs Centers network.
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