RoadSync Adds ACH Support For Logistics Receivables
The company said in a press release on Thursday (Sept. 26) that it has added Automated Clearing House (ACH) functionality, as well as direct billing, to the RoadSync platform. The additions provide more options for clients – including freight handlers, trucking companies and warehouses – to invoice their business customers and accept payments.
The direct billing function allows users to track payments and charges over time, and then consolidate those charges into a single invoice. Users can bill their clients directly on a weekly or monthly basis, RoadSync explained in its announcement, pointing to the example of one company handling one thousand loads every month. Historically, these companies would manually track and input transaction information into their accounting and billing platforms. RoadSync’s update allows these firms to automate the direct billing process.
The addition of ACH payments supports users’ ability to offer their clients a recurring payment option and make payments straight from a bank account. It adds to the platform’s existing support for credit cards, debit cards and checks, the company said.