TriumphPay

TriumphPay is excited to announce two new additions to our sales leadership team!   Rick Jackson has been appointed senior vice president and shipper sales leader, and John Bender has been appointed senior vice president and broker/factor sales leader. Jackson will lead the growth and development of TriumphPay's #shipper vertical, collaborate with management, and help evaluate new opportunities. Bender is responsible for overseeing the #factor and #broker verticals for TriumphPay and managing the sales teams for both lines of business.   Please join us in welcoming them to the team! Read our full press release today to find out more. #transportation #supplychain https://lnkd.in/eDCNrntR

📑Case Study: Phoenix Capital Group, LLC Phoenix Capital Group was experiencing growth and wanted help scaling their invoice processing. They needed an adaptive solution that would increase efficiency and accuracy, while reducing manual intervention and the need to substantially grow their teams. With TriumphPay, Phoenix Capital Group was able to increase scalability without having to sacrifice accuracy and cost-effectiveness. "The dynamism within the TriumphPay Audit portal has allowed operations to grow, be better supported, and become incredibly accurate. Before TriumphPay, I ran mandatory Sunday overtime for two years. As of today, I haven’t run mandatory overtime in two and a half years," said James Bacon, VP and COO of Phoenix Capital Group. Read on to see how Phoenix Capital Group improved operational efficiency and scalability using TriumphPay's network technology: https://lnkd.in/diBgyMRZ #freightfactoring #networkeffect #networktechnology

Join us in honoring the spirit of independence and unity that strengthens our nation. Happy 4th of July from the whole team at TriumphPay! 🇺🇸 #July4th #IndependenceDay

FreightWaves's latest FreightWaves SONAR Volume Index reported that import container bookings from China to the U.S. are up 36% over a five-year period and 11% year over year. However, bookings from China to Mexico have risen by 127% over the past five years and 24% over the past year. Read the full article here: https://lnkd.in/g-fsZWCk The increase in bookings from China to Mexico vs China to the US signals a shift in the supply chain that we at TriumphPay have been preparing for. In April, we announced our international payments expansion plans, which will allow network participants to issue and receive funds in Mexican pesos. "As cross-border trade between the US and Mexico surges, reaching nearly $800 billion in 2023 alone, safe and efficient cross-border payments solutions are increasingly crucial for streamlining transportation and logistics operations for shippers, brokers, 4PLs and carriers on both sides of the border," said Josh Bouk, Chief Partnership Officer at TriumphPay. “I couldn’t be more excited about the growth of our payments network into Mexico and am very much looking forward to our continued growth into EMEA and APAC in the near future.” Learn more about our planned international expansion here: https://lnkd.in/g6qhYZ2g #internationalpayments #supplychain #globalsupplychain #crossborderpayments

"The value of automation is the density of data." - Nate Gilmore, SVP of Network Integration and Innovation At FreightWaves's Future of Supply Chain event earlier this month, Nate sat down for a fireside chat with Tony Mulvey and discussed Accounts Receivable/Accounts Payable automation, its reliance on data density and how the TriumphPay Network creates a force multiplier effect of increased density and overall value brought to network participants. Listen to the clip below and watch the full video here: https://lnkd.in/gUGq_tpj #networkeffect #paymentsnetwork

We at TriumphPay are celebrating freedom this Juneteenth. It's more than a federal holiday - it's a commitment to continued inclusion and progress. We honor the profound triumphs, resilience, and rich culture of the African American community. #juneteenth #juneteenthnationalindependenceday #celebratefreedom

Time is Money. We get it. That's why TriumphPay is bridging a crucial gap in the collection process for Factors. Leveraging our automation technology, network Factors can take the Received to Exception time down from 30 - 45 days to less than one and reduce their Post-Purchase Collections time by 22%. That extra time back allows Factors to fund future invoice purchases faster. Put plainly, we're giving you more time, so you can make more 💰. Want to learn how it's done? Tune in to our webinar in partnership with the International Factoring Association entitled: "Creating Operational Efficiencies Through Process and Technology" on June 26th. Hear from Factor leaders Lori Gustaf of FirstLine Funding Group and Engaged Financial's Derek Stanley on how the TriumphPay network has helped them optimize their invoice collections process, and how we can do the same for you. Hosted by our EVP of Enterprise Product Strategy Garrett Wolfe, this will be an event you won’t want to miss. Plus - IFA Members get in free! Register here: https://lnkd.in/gsuQFGZu

We’re pleased to announce that C.H. Robinson will join the TriumphPay Payments Network!  This collaboration provides the foundation for delivering new solutions and financial benefits to carriers at a scale never seen before.  Welcome to the Payments Network, C.H. Robinson! https://lnkd.in/g7bWkwTT #PaymentsNetwork #Logistics #SupplyChainFinance 

Celebrating all the phenomenal fathers in our supply chain community - your strength, wisdom and unconditional love inspire us today and every day. Happy Father's Day! #happyfathersday

🚛 Attention Carriers: Need to check payment status on your invoices? Got it. ✔ Want to manage your payment preferences? Done. ✔ Ready to submit paperwork easily? Check. ✔ TriumphPay is your one-stop shop to manage invoices, paperwork, and payments. We help carriers like SYV Service present invoices easier, track load management better, and get paid faster! Visit our site to learn more: triumphpay.com #shipping #trucking #carrierpayments