For leaner processes, better liquidity and more security in the logistics industry
JITpay™ digitizes and bundles the billing processes in logistics. Within the framework of central accounting (ZAL®), JITpay™ takes over the accounting of all logistics costs for the carriers and logistics service providers and summarizes them in only one invoice, e.g. monthly.
Central settlement combines JITpay™ with factoring, which enables immediate payment of the carriers as well as flexible payment terms for the forwarder. This gives the forwarder access to much more transport capacity and, via JITpay™, allows him to credit and pay his carriers in a fully transparent and performance-based manner.
ZAL®
Put an end to complicated processes.
With ZAL®, JITpay™ takes over your billing with the transport companies used. Regardless of whether you have fixed partners or purchase transport capacities on the spot market, JITpay™ billing can be integrated flexibly and easily into your processes. For example, as a fully automated solution directly in your TMS system or as an additional application.
The heart of ZAL® is the so-called “Billing-Funnel”. This enables the freight forwarder to credit the contractor for transport services at short intervals, but only receive a bundled monthly invoice from JITpay™. The side effect of this is that all transport-relevant information is bundled by JITpay™ and reported back to the TMS.
Automated and performance-based billing of the purchased transport service
The billing of transport services via ZAL® is fully digital and thus automated. The agreed tariff and the digital order and delivery information form the basis for billing.
Orders to the transport companies can be transferred from the TMS to the JITpay™ system or created directly in the JITpay™ system. Once the transport company has provided its services, JITpay™ automatically generates the invoice, taking into account the services actually provided, such as tour stops or load km. This eliminates the often lengthy process of checking invoices, creating credit notes and clarifying differences, since the invoice is created “without objections”, taking into account the actual performance data.
The invoices to the transport companies can be made immediately or periodically.
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Automated freight billing can be supplemented with the JITpay™ “Billing-Funnel”:
The JITpay™ “Billing-Funnel” makes it possible to bill the carriers immediately or in short intervals, while generating a collective billing for the freight forwarder:
Through the JITpay™ “Billing-Funnel” you as a forwarder have only one contact person and receive one verified invoice per month.
Carriers, on the other hand, are billed promptly for the service provided and paid in full by JITpay™ within 24 hours if requested.
Carriers, on the other hand, are billed promptly for the service provided and paid in full by JITpay™ within 24 hours if requested. At the same time you attract and retain transport companies.
Accounting via ZAL® - the benefits
- Reduction of internal process costs due to fewer transactions and documents
- Elimination of invoice verification or credit memo creation
- Elimination of subsequent difference processing and complaint processing (100%)
- JITpay™- web portal with evaluation options
- Relief of employees in the operational and commercial area, through access to electronic billing data
- Increased transparency of logistics costs through digital feedback of all data
- Binding of transport service providers through prompt settlement after service completion
- Possibility of incorporating fast billing into pricing with the transport companies.
Experience
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JITfuel™
No more problems with limits on your fuel card!
The JITfuel™ fuel card without security withholdings is the solution!
No collateral necessary, our collateral is your order
No card limit for billing via JITpay™.
Guaranteed lower fuel prices than at the pump
Refuelling at all SHELL stations in Germany
No hidden costs
100% CO2-compensated fuel
Transport company factoring
JITpay™ transport company factoring gives haulage companies the opportunity to pay their contractors quickly and extend their own payment terms. Setting up factoring structures is complex and expensive. In the JITpay™ system, these are already included:
JITpay™ usually pays carriers within 24 hours of settlement. As a forwarder, you are given the opportunity to flexibly structure your payment terms and thus create greater financial leeway for yourself.
Especially if you already use long payment terms or have to extend them in the future due to market conditions, you can use JITpay™ Transport Contractor Factoring to address many more transport companies that are dependent on quick payment for their services. This can lead to significant cost savings in freight rates.
With JITpay™ you deepen the cooperation with your existing partners and get new partners more easily.
Transport company factoring - the advantages
- Strengthen your service providers through fast payment
- Design your payment terms flexibly depending on the liquidity situation
- Set your own payment terms up to 90 days without burdening your partners
- Expand your financial scope independent of banks
- Improve your balance sheet ratios and optimize your rating with banks
- Optimize your payment processes
- Save administrative effort by having a central contact person
- No structuring fees and no minimum volume
JITfleet™
JITfleet™ is a digital order management system with integrated telematics. With JITfleet™ your transport companies can receive orders, assign vehicles (dispatching) and send track and trace information back to your TMS system. JITfleet™ consists of a portal (order management) and an APP (telematics) as well as an API for integration into existing systems.
With the help of JITfleet™ you get full transparency over your orders, digital load confirmations, permanent track and trace information as well as a digital proof of delivery.
JITpay™ provides them with JITfleet™ when using central billing. That means you can easily and quickly connect your fixed-route carriers to your TMS without additional investment costs.
JITfleet has interfaces to a wide range of ERP and TMS systems.
The JITfleet™ app is available for Android devices here for free in the Google Play Store
JITfleet™ - the functions
- Enter, share and manage transport orders
- Create tours, schedule them and send them to the driver APP
- Geofencing
- Management of proof of delivery
- Selection of proof of delivery types: E-POD, geofence, barcode scanning (NVE), image upload
- Document upload
- Branch management
- JITfleet™- Multi Carrier Management
- Integrated connection to JITpay™ - Central Billing
- Integrated connection to JITpay™ - Factoring
JITinvoice™
With JITinvoice™ you can automatically create and send your invoices and have them paid immediately by JITpay™.
With JITinvoice™ you can automatically create and send your invoices and have them paid immediately by JITpay™.
JITfleet™ generates a delivery receipt on the basis of which JITinvoice™ generates the invoice. You can add additional services (e.g. separate idle times). Afterwards, the invoice along with the order and delivery note can be sent to the client with a “click”. Once the invoice has been sent, you will usually receive the money in your account 24 hours later. We take care of the receipt of money from the client, the reminder of the invoice and also take the risk in case your client does not pay at all.
JITfleet™ generates a delivery receipt on the basis of which JITinvoice™ generates the invoice.
Benefits at a glance:
- Expand your financial scope independent of banks
- No contractual minimum term and no minimum volume
- No hidden fees and costs
- Complete assumption of default risk by JITpay™
- Assumption of dunning and collection
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