Payment Processing

Complete process tracking and cash management to ensure all freight payments are released according to contract guidelines

CTSI-Global's Sarbanes-Oxley compliant cash management system closely monitors each carrier contract, enabling payment timing to precisely match negotiated payment terms. The complete process tracking and cash management ensure that all payments are released in accordance with contract guidelines and paid on time.

Detailed payment cycle reporting is available online for each step of the process:

  • Ship date to invoice
  • Invoice receipt to process
  • Process to fund
  • Fund to pay

Exception management and carrier support are also provided with online visibility for the status of all in-process activity with freight bill payment detail, check number and date for closed transactions. The bottom line is that CTSI-Global works closely with clients and carriers to achieve a joint goal of accurate, efficient and timely freight payment processing.

Key Features of CTSI-Global's Payment Processing Services Include:

  • Sarbanes-Oxley compliance
  • Cash management
  • Online payment cycle detail
  • Multiple close dates
  • Financial accruals
  • Carrier support