Tampa, FL, September 13, 2012 --(PR.com
)-- BNSF Logistics has implemented TRANSFLO $Velocity® from Pegasus TransTech, a consistent, electronic method for carriers to submit invoices and load documents to participating 3rd party logistics providers and brokers to speed processing and payment.
TRANSFLO $Velocity makes it easy for carriers to group documents and data a 3PL or broker requires for payment and electronically transmit them together with an invoice for optimal processing speed. This new and convenient method reduces the processing time, allowing 3PLs and brokers to bill their shippers faster and pay carriers more quickly.
BNSF Logistics, one of the fastest-growing 3PLs in North America, is an indirect, wholly-owned subsidiary of Burlington Northern Santa Fe LLC, a Berkshire Hathaway company. BNSF Logistics services range from single shipment execution to complete network design and operations with modal expertise spanning parcel, truckload, intermodal, and rail.
“Our carriers are finding that the TRANSFLO $Velocity system accelerates the processing and payment of their invoices, thus, improving cash flow substantially. In addition, it is valuable for our customers and employees to gain access to the proof of delivery documentation more expeditiously,” stated Dan Curtis, Chief Financial Officer of BNSF Logistics.
TRANSFLO $Velocity is the preferred method of document and invoice delivery for the top 3PLs and freight brokers in the nation. More than 7,000 carriers currently use TRANSFLO $Velocity.
To use TRANSFLO $Velocity, a carrier simply downloads a free piece of software from www.transflovelocity.com. The software enables a carrier to scan documents or gather documents from anywhere on a computer hard drive or network. When transportation invoices arrive electronically together with supporting documents, 3PLs do not have to deal with multiple submissions for a single invoice. TRANSFLO $Velocity makes it easier for carriers and 3PLs to do business, saving time, saving money, and increasing operating efficiencies for both parties.
“We’re excited to have BNSF Logistics as a customer,” said Bob Helms, chairman and CEO for Pegasus TransTech. “They join the growing list of the most prominent 3PLs and freight brokers in North America who benefit from the efficiencies provided by TRANSFLO $Velocity. TRANSFLO $Velocity establishes a new standard for critical communication between carriers and brokers.”
About Pegasus TransTech
Pegasus TransTech Corporation helps transportation companies go paperless, improve operating efficiency, speed cash flow, increase profit, and drive consistent, repeatable results by strategically creating images, electronic forms, and enterprise workflow solutions.
TRANSFLO® software provides the back office solutions for document management and electronic workflow. Pegasus TransTech’s scanning products TRANSFLO Express® truck stop scanning, TRANSFLO Now!™ anywhere in-cab scanning, and TRANSFLO Now Mobile provide same-day access to delivery documents which speeds driver pay and the carrier’s billing cycle. TRANSFLO $Velocity is the electronic, consistent method for carriers to submit invoices and load documents to participating brokers to get paid faster.
For additional information, please visit www.pegasustranstech.com or call 800-783-8649. Email firstname.lastname@example.org.