Freight Settlement

Self-billing for less administration

Self-billing is a fully automated process applied to all SmartWay-selected carriers.

Automating and simplifying the administration process makes freight settlement more efficient, faster and less prone to faults. 

Since we pay the carrier after they confirm delivery, you, as a shipper, don't have to wait for invoices. So your financial bookkeeping is always up to date.

SmartPay for faster payment

SmartPay allows carriers to shorten the payment term. With this additional service, the carrier can choose a payment term that meets their business requirements.

Therefore, the SmartPay option makes it attractive for carriers to become part of the SmartWay fleet. This results in more transport capacity and flexibility.

Committed to a 100% on-time payment

The deal we make with carriers is: Your commitment to deliver on time equals our commitment to pay on time.

This agreed payment period is met for 100% because we don't want anyone to worry about the payment of transport services.

FREQUENTLY ASKED QUESTIONS

How does self-billing work?

The system automatically sends a bill to the carrier after delivery approval. The invoice is based on previously agreed-to terms, including freight costs and accessory surcharges. As a shipper, you can make your carriers' lives so convenient that they want to do business with you.

FREQUENTLY ASKED QUESTIONS

What happens when the carrier disagrees with the proposed invoice?

As a shipper, you won't have to deal with any of the administration of freight payments. However, we know that satisfied carriers are crucial. Since the carrier receives a confirmation after processing freight rates, it is unlikely that rates are not processed correctly.

In the event of any inaccuracies, our carrier management team is available to make the necessary adjustments and, if necessary, run a manual payment. Payments are still made according to the agreed-upon payment period this way.

FREQUENTLY ASKED QUESTIONS

What is the difference between self-billing and invoicing?

The primary distinction between self-billing and regular invoicing is that the responsibility for creating the invoice shifts from the carrier to the shipper. As a 4PL provider, we can prepare the invoice and send a copy to the carrier due to pre-agreed terms and our general long-term relationship. As our customer, you will receive a single invoice rather than multiple ones. Because the process is automated, all parties involved will save significant time and other resources.