Together we the founder and managing directors, Dr. Daniel Steinke, Boris-Michael Steinke and Dennis Wallenda, look back on more than 50 years of experience in the fields of logistics, IT and financial services. We have bundled our knowledge, geared it to the needs of the logistics industry and combined it in JITpay™.
With JITpay™ we have created the possibility of digitalizing the billing processes in logistics. Within the framework of central accounting (ZAL®), JITpay™ takes over the billing of all logistics costs for shippers, forwarders and transport companies. In combination with our own (reverse) factoring product the immediate payment of service providers is ensured. This enables shippers and forwarders to agree flexible payment terms.
As a FinTech and logistics start-up, we at JITpay™ rely on state-of-the-art technologies and have efficient digital business processes at our disposal. Furthermore, we cooperate with strong traditional partners as well as innovative technology providers.
What makes JITpay™ so special?
Central accounting significantly increases the quality of the claims (disputes etc. are clarified before the accounting), so that factoring then becomes possible.
The combination of central invoicing and factoring in logistics is unique and offers enormous potential for all parties involved due to the completely digital processes.
JITpay™ has its own factoring license according to §1 KWG and a debt-collection license. All processes are ISO 9001:2015 certified.
JITpay™ has a digital, mobile order management system – „JITfleet™“. For our JITpay™ customers this is free of charge. JITfleet™ includes, among other things, a complete order management system with a digital proof of delivery.
JITpay™ has a simple, fast and fully digital onboarding process for a large number of small transport companies: In 3 minutes to the factoring contract!