Elavon Freight Payment

Elavon Freight PaymentDifferent regulations, currencies, languages and carriers,

each with their own approach to invoicing, can make freight

payment processes difficult and resource intensive. Gain the

visibility and efficiencies you need with Elavon Freight Payment

— a single, simple and proven solution that extends beyond

invoice and payment functions to bring clarity to your business

with a global view across multiple countries so you can see

the whole picture without losing sight of a single detail.

Gain efficiencies

Improve accuracy

Increase visibility

Enhance working capital

* Audit savings reflect difference from billed amount to actual paid amount by U.S. Bank and Elavon.

The more you look, the more Elavon Freight Payment offersElavon Freight Payment integrates the proven technology of one of the world’s leading freight payment providers — U.S. Bank — with the in-depth knowledge of local rules and regulations. Robust online tools are designed to improve your internal processes, save money and enhance relationships with your carriers.

Elavon Freight Payment is a comprehensive, end-to-end solution that streamlines and automates your freight payment and audit processes and provides the business intelligence you need to make your supply chain a strategic advantage. All whilst providing the reliability and security that only a bank can provide. Elavon is a certified and regulated EU payment provider.

Processing Process any invoice with unrivaled accuracy and efficiency.

• Streamline processing — Eliminate costs associated with billing errors, collections, late payments and reconciling invoices after payment.

• Automate audit and payment processing for any type of invoice: paper-based or electronic

• Eliminate duplicate invoices and payments, phantom shipments and incorrect rates

• Benefit from the acceptance of invoices and support documentation in most languages

• Integrate seamlessly with other systems

• Rely on flexible, 100% pre-payment audits — Customers typically save 2% to 4% in their monthly transportation costs.*

• Gain accurate invoice detail at the shipment level, verified against the invoice totals to ensure accuracy

• Ensure that VAT is applied where required

• Get real-time invoice details online

• Put critical supply chain data at your fingertips

Manage freight payment across the

globe, across all modes• EU eInvoice processing

• VAT audit support

• Consolidated invoice processing

• Multiple currency support

• Multi-language support

Robust reporting helps to analyse spend and compare carrier costs

• Spend per mode and carrier

• Variances of invoiced amount compared to rates

• Lane segment analysis

Payment Make electronic payments on time, around the globe.

• Have reliable and predictable payments

• Adhere to banking standards

• Receive efficient, electronic settlement in multiple currencies

Trade Finance Extend payment terms while still paying carriers quickly — optimising working capital for both parties.

• Improve carrier relationships — Carriers reduce days sales outstanding (DSO) and receive quicker payment by leveraging trade finance

• Enhance cash management — Both shippers and carriers benefit by gaining access to detailed expense/revenue data that improves the ability to manage and forecast cash requirements

Business intelligencePut it all in perspective with reporting tools that can help you turn raw data into valuable insights.

• Improve decision making and control costs

• Identify unnecessary expenditures, excess services and variances from contracts

• Proactive management to help assess carrier performance

Improvement from every point-of-viewStrong relationships with your carriers are critical for a reliable supply chain. However, shippers and carriers are often at odds as shippers want to extend payment terms while carriers want to get paid sooner. Elavon Freight Payment brings shippers and carriers together by reducing the administration burden, providing unique, collaborative tools and trade finance to improve cash flow, processes and costs.

Accelerated Payment

Transaction Information

Improved Cash Flow

Transaction Information

Electronic Freight Payment Solution with Trade Finance

Carriers Shippers

Electronic Processing

Collaborative Interface

Exception Resolution

Electronic Settlement

Business Intelligence

Supply Chain Efficiency

Shippers Carriers

Gain efficiency and reduce costs

• Eliminate error-prone, manual processes

• Ensure correct application of VAT and business rules

• Re-deploy resources on more strategic business practices rather than working burdensome manual processes or responding to payment enquiries

• Collaborate online with shippers to process, receive payment, and resolve exceptions

• Streamline accounts receivable processes

• Ensure accurate application of current rates

• Resolve invoice enquiries with our dedicated support service

Increase visibility

• Gain a real-time global view of all freight payments across your organisation

• Identify cost savings opportunities with data analysis tools

• Achieve real-time visibility into the status of all invoices

• Access robust reporting of your accounts receivable data

Enhance key partner relationships

• Use collaborative platform to track payments and resolve disputes quickly and easily

• Eliminate the need for internal resources to provide multi-lingual support for payment enquiries

• Expedite receivable processing with improved visibility and online reconciliation

• Remove the risk of non-payment

Improved Cash Flow

• Enhance working capital by extending Days Payable Outstanding

• Experience an affordable alternative to factoring

• Receive payment in as little as two days from invoice approval

©2016 Elavon Financial Services. All trademarks are the property of their respective owners.CPS 6000 (03/16) MMWR-84308

For more information, contact Adrian C. Samuel Sales Manager EuropeT. +32 (0)2 708 8884M. +32 478 80 80 26E. adrian.samuel@elavon.com Or visit us atwww.elavonpayment.com/eu/

Local knowledge from a global freight payment leaderElavon Freight Payment is the European counterpart to U.S. Bank Freight Payment – the pioneer in automated, electronic freight payment. With native-speaker customer support, Elavon Freight Payment is based in Brussels. Our team of regional experts share in-depth knowledge of freight payment best practices that ensures our proven solution satisfies the requirements of any European shipping destination. Together, with world-class technology, Elavon professionals are helping carriers and shippers alike to deliver more efficiency and more profitability across Europe and the globe.

Elavon is a U.S. Bancorp company and provides the freight payment expertise that comes from being part of one of the world’s leading payment providers and the financial security of one of the world’s leading financial institutions.