Transfix and TriumphPay Collaborate to Offer an Improved Payment Experience for Freight Carriers

Transfix, a leading transportation solution supplier announced a new collaboration with TriumphPay, a forward-thinking carrier payment platform. The collaboration will help Transfix improve the payment process for freight carriers by enabling them to post-load payments more conveniently, quicker, and controllably.

The new collaboration enables carriers to streamline current procedures, reduce accounting friction, and monitor the status of their payments 24/7 without making a call. Carriers can also monitor and submit invoices online and upload documentation for both factors and brokers to a connected dashboard.

Transfix, and TriumphPay collaborates to develop solutions that modernize the freight industry, reducing stress points for on-the-go carriers.

About Transfix
Transfix is a leading provider of transportation solutions, with digital brokerage capabilities and logistics software offerings that are helping to define the future of freight. The firm combines deep industry expertise with cutting-edge technology, as well as a best-in-class carrier network. As a result, competitive pricing, better service and dependability, and unrivaled intelligence for managing the supply chain from start to finish result. Today, Transfix's trusted carrier network is being used by the world's most known brands, including six of the top ten retailers and five of the biggest food and beverage companies in America. In addition, transfix, located in the center of New York City, was named one of Forbes' "Next Billion-Dollar Startups."

About TriumphPay
TriumphPay is a carrier payment platform that connects brokers, shippers, factors, and carriers via innovative solutions that assist each party in effectively processing, settling, and managing carrier payments while driving growth. TriumphPay provides supply chain finance to brokers, enabling them to pay their carriers more quickly and increase carrier loyalty. In addition, TriumphPay offers tools and services to boost automation, reduce fraud, improve back-office efficiency, and enhance the payment experience.

TriumphPay is a division of TBK Bank, SSB, Member FDIC, and Triumph Bancorp, Inc. Triumph Bancorp. This financial holding company offers diverse community banking, national lending, and commercial finance products.