New partnership aims to cut costs attached to carrier payment processing and provide quick payment options
Holland, MI – June 9, 2020 – BluJay Solutions, a leading provider of global supply chain software and services, today announces a solution and tech partnership with TriumphPay, the nexus of billing and payments in the transportation industry. TriumphPay’s payment platform is used by shippers and freight brokers to process, settle, and manage carrier payments across all modes of transportation.
This partnership integrates BluJay’s Websettle in the Transportation Management application with TriumphPay’s platform to send audited invoices presented to carriers as an approved, scheduled payment with options for early payment.
“TriumphPay is thrilled to partner with BluJay Solutions, an industry leader with an outstanding track record of success, a talented and experienced team, and a focus on delivering great value to its customers,” says Jordan Graft, President of TriumphPay. “Our work management technology is developed to solve the back-office challenges and high costs attached to carrier payment processing, while also providing liquidity benefits to all parties—shippers, carriers, and brokers.”
TriumphPay streamlines and automates the highly repetitive, manually intensive workflows attached to carrier payments and provides carriers with visibility into their invoice status. This technology allows carriers to avoid waiting weeks or months to get paid, while reducing the shipper’s administrative burden and resources needed to process carrier invoices.
“With all of our users connected through a single-instance, multi-tenant TMS platform, our network is positioned to leverage TriumphPay’s payment technology to pay carriers quickly,” says Chris Timmer, Chief Revenue Officer at BluJay Solutions. “Our goal for the BluJay and TriumphPay partnership is to build on the value of the BluJay platform to uniquely create additional comprehensive freight audit and payment options for shippers and carriers.”
TriumphPay is the nexus of billing and payments in the transportation industry. Its payment platform is used by shippers and freight brokers to process, settle and manage carrier payments across all modes of transportation. TriumphPay is offered through an operating subsidiary of TBK Bank, SSB (Member FDIC). TBK Bank, SSB is a subsidiary of Triumph Bancorp, Inc. (Nasdaq: TBK), a financial holding company with a diversified line of community banking and commercial activities.
About BluJay Solutions
BluJay Solutions helps companies around the world achieve excellence in logistics and trade compliance – it’s in our DNA. Through a blend of Data, Networks, and Applications, delivered in the BluJay Way, our DNA platform powers the Frictionless Supply Chain for thousands of the world’s leading manufacturers, retailers, distributors, freight forwarders, customs brokers, carriers, and logistics service providers. To learn more, visit: www.blujaysolutions.com, or follow us on Twitter @myblujay and LinkedIn.