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ElavonFreight Payment
Elavon Freight PaymentGain efficienciesImprove accuracyIncrease visibilityEnhance working capitalDifferent regulations, currencies, languages and carriers,each with their own approach to invoicing, can make freightpayment processes difficult and resource intensive. Gain thevisibility and efficiencies you need with Elavon Freight Payment— a single, simple and proven solution that extends beyondinvoice and payment functions to bring clarity to your businesswith a global view across multiple countries so you can seethe whole picture without losing sight of a single detail.
The more you look, the moreElavon Freight Payment offersElavon Freight Payment integrates the proven technology of oneof the world’s leading freight payment providers — U.S. Bank —with the in-depth knowledge of local rules and regulations. Robustonline tools are designed to improve your internal processes, savemoney and enhance relationships with your carriers.Manage freightpayment across theglobe, across all modes EU eInvoice processing VAT audit support Consolidated invoiceprocessing Multiple currency support Multi-language supportElavon Freight Payment is a comprehensive, end-to-end solutionthat streamlines and automates your freight payment and auditprocesses and provides the business intelligence you need tomake your supply chain a strategic advantage. All whilst providingthe reliability and security that only a bank can provide. Elavon is acertified and regulated EU payment provider.ProcessingProcess accurately and efficiently. Eliminate costs associated with billing errors, collections, latepayments and reconciling invoices after payment. Rely on flexible, 100% pre-payment audits — Customerstypically save 2% to 4% in their monthly transportation costs.* Automate audit and payment processing for any type ofinvoice: paper-based or electronic Benefit from the acceptance of invoices and supportdocumentation in most languages Integrate seamlessly with other systems Put critical supply chain data at your fingertips with online,real-time invoice details* Audit savings reflect difference from billed amount to actual paid amount by U.S. Bank and Elavon.
PaymentMake electronic payments on time, around the globe. Deliver reliable and predictable payments to your carrierswith real-time visibility Adhere to banking standards Receive efficient, electronic settlement in multiple currenciesExtended term financingExtend payment terms while still paying carriers quickly —optimising working capital for both parties. Improve carrier relationships — Carriers reduce days salesoutstanding (DSO) and receive quicker payment Enhance cash management — Both shippers and carriersbenefit by gaining access to detailed expense/revenuedata that improves the ability to manage and forecastcash requirementsBusiness intelligencePut it all in perspective with reporting tools that can help you turnraw data into valuable insights.Robust reporting helpsto analyse spend andcompare carrier costs Improve decision making and control costs Spend per mode and carrier Identify unnecessary expenditures, excess services andvariances from contracts Variances of invoicedamount compared to rates Proactive management to help assess carrier performance Lane segment analysis
Improvement from every point-of-viewStrong relationships with your carriers are critical for a reliable supply chain. However,shippers and carriers are often at odds as shippers want to extend payment termswhile carriers want to get paid sooner. Elavon Freight Payment brings shippersand carriers together by reducing the administration burden, providing unique,collaborative tools and extending payment terms without renegotiating contracts.Elavon Freight Payment improves cash flow, processes and costs.CarriersAccelerated paymentTransaction aceImproved cash sTransaction eSupply chainefficiencyShippersCarriersGainefficiencyand reducecosts Eliminate error-prone, manualprocesses Ensure correct application of VATand business rules Re-deploy resources on morestrategic business practices ratherthan working burdensome manualprocesses or responding topayment enquiries Collaborate online with shippersto process, receive payment, andresolve exceptions Streamline accounts receivableprocesses Ensure accurate application ofcurrent rates Resolve invoice enquiries with ourdedicated support serviceIncreasevisibility Gain a real-time global view ofall freight payments across yourorganisation Identify cost savings opportunitieswith data analysis tools Achieve real-time visibility into thestatus of all invoices Access robust reporting of youraccounts receivable dataEnhancekey partnerrelationships Use collaborative platform to trackpayments and resolve disputesquickly and easily Eliminate the need for internalresources to provide multi-lingualsupport for payment enquiries Expedite receivable processingwith improved visibility and onlinereconciliation Remove the risk of non-paymentImprovedCash Flow Enhance working capitalby extending Days PayableOutstanding Experience an affordablealternative to factoring Receive payment in as little as twodays from invoice approval
Local knowledge froma global freight payment leaderElavon Freight Payment is the European counterpart to U.S. Bank Freight Payment –the pioneer in automated, electronic freight payment. With native-speaker customersupport, Elavon Freight Payment is based in Brussels. Our team of regional expertsshare in-depth knowledge of freight payment best practices that ensures our provensolution satisfies the requirements of any European shipping destination. Together,with world-class technology, Elavon professionals are helping carriers and shippersalike to deliver more efficiency and more profitability across Europe and the globe.Elavon is a U.S. Bancorp company and provides the freight payment expertise thatcomes from being part of one of the world’s leading payment providers and thefinancial security of one of the world’s leading financial institutions.For more information, contactAdrian C. SamuelSales Manager EuropeT. 32 (0)2 708 8884M. 32 478 80 80 26E. adrian.samuel@elavon.comOr visit us atwww.elavonpayment.com/eu/ 2017 Elavon Financial Services. Elavon Financial Services DAC is regulated by theCentral Bank of Ireland.All trademarks are the property of their respective owners.17-0033-B CPS 6000 (R-01/17) MMWR-106231
Elavon Freight Payment integrates the proven technology of one of the world's leading freight payment providers — U.S. Bank — with the in-depth knowledge of local rules and regulations. Robust online tools are designed to improve your internal processes, save money and enhance relationships with your carriers. Elavon Freight Payment is a .
