{"id":15287,"date":"2022-03-01T19:47:45","date_gmt":"2022-03-01T19:47:45","guid":{"rendered":"https:\/\/www.plastiq.com\/?page_id=15287"},"modified":"2024-04-19T18:17:37","modified_gmt":"2024-04-19T18:17:37","slug":"logistics","status":"publish","type":"page","link":"https:\/\/www.plastiq.com\/industry\/logistics\/","title":{"rendered":"Logistics"},"content":{"rendered":"\n

\n\t\tPayments
Deep Dive:
Freight &
Logistics\n\t<\/h2>\n\t\t\t\n\t\t\t\t\t\t\tsign up now\n\t\t\t\t\t<\/a>\n\t

The shape of payments in the logistics industry today.<\/h2>\n\t

The logistics industry is all about speed, efficiency, and accuracy. Payment transactions often occur on-the-fly, elevating the importance of real-time invoicing and payments. On one end, manufacturers are facing greater expectations around efficiencies & performance. On the other, customers expect faster time to market, thereby placing increased pressure on the logistics industry.<\/p>\n

Three major emerging trends that Plastiq can provide solutions for are: a) the rise in reverse logistics operations, b) the emergence of last mile deliveries and c) increased logistics automation opening up new SMB audiences.<\/p>\n\t\t\t\n\t\t\t\t\t\t\tsign up now\n\t\t<\/a>\n

\n\t<\/h2>\n\t

Key Payment Challenges<\/p>\n

\n\t\tLogistics firms are facing some common challenges.\n\t<\/h2>\n

\n\t<\/h2>\n\t\t\t\t\"Cash\n

Predicting
cash flow<\/h3>\t\t\n\t\t\t

The biggest pain point is knowing exactly when a payment will be received. This is particularly damaging to smaller carriers.<\/p>\n\t\t\t\t\"Streamline\n

On-the-fly
payments<\/h3>\t\t\n\t\t\t

Payments are increasingly coming outside of normal business hours, adding more pressure on remote customer service providers & extended hours.<\/p>\n\t\t\t\t\"Market\n

Payments
delays<\/h3>\t\t\n\t\t\t

The inability to cross match invoice against PO\/delivery documentation leads to delay, greater fraud risk and non-compliance.<\/p>\n\t

Plastiq Accept Solutions<\/p>\n

\n\t\tPlastiq Accept meets the challenges.\n\t<\/h2>\n

\n\t<\/h2>\n\t\t\t\t\"Predict\n

Predict your
cash flow<\/h3>\t\t\n\t\t\t

Plastiq Accept automates end-to-end payment visibility, from request to delivery.<\/p>\n\t\t\t\t\"On\n

On-the-fly
payments<\/h3>\t\t\n\t\t\t

Plastiq Accept promotes real-time payment collection with increased flexibility via multiple payment method options.<\/p>\n\t\t\t\t\"Reduce\n

Eliminate
payment delays<\/h3>\t\t\n\t\t\t

Plastiq Accept creates & sends payment requests instantly via email or text.<\/p>\n

\n\t\tPlastiq Accept solves payment problems before they’re problems.\n\t<\/h2>\n\t\t\t\t\"\"\n\t\t

Promotes real-time payment collection<\/h3>\t\t\n\t\t\t

Promotes real-time payment collection<\/p>\n\t\t\t\t\"\"\n\t\t

Tracks open “unpaid” payment requests<\/h3>\t\t\n\t\t\t

Tracks open “unpaid” payment requests<\/p>\n\t\t\t\t\"\"\n\t\t

Advanced reporting & real-time notifications<\/h3>\t\t\n\t\t\t

Advanced reporting & real-time notifications<\/p>\n\t\t\t\t\"\"\n\t\t

End-to-end payment reports<\/h3>\t\t\n\t\t\t

End-to-end payment reports<\/p>\n\t\t\t\t\"\"\n\t\t

Flexibility to adjust to payment challenges<\/h3>\t\t\n\t\t\t

Flexibility to adjust to payment challenges<\/p>\n\t\t\t\t\"\"\n\t\t

Automated process shortens collection times<\/h3>\t\t\n\t\t\t

Automated process shortens collection times<\/p>\n\t\t\t\t\"\"\n\t\t

More flexibility-offers multiple options<\/h3>\t\t\n\t\t\t

Offers more flexibility with multiple options<\/p>\n\t\t\t\t\"\"\n\t\t

Enables card acceptance for budget-constrained SMBs<\/h3>\t\t\n\t\t\t

Enables card acceptance for budget-constrained SMBs<\/p>\n\t\t\t\t\"Get\n

\n\t\tStart using Plastiq Accept and stop chasing payments.\n\t<\/h4>\n\t

Logistics is an industry driven by payments. Being cash-intensive, transactions often occur on-the-fly placing the burden on real-time invoicing & payments. Plastiq Accept enables real-time payment collection anywhere, anytime, getting you paid faster. Large or small, payments are delivered to your account in 2-3 days, enabling better cash flow predictability and without paying processing fees.<\/p>\n\t\t\t\n\t\t\t\t\t\t\tlearn more\n\t\t\t\t\t<\/a>\n\t\t\t\t\"Plastiq\n

\n\t\tAllen Lund saves on fees with Plastiq Accept.\n\t<\/h3>\n\t

The challenge: Allen Lund’s revenue comes primarily from large transactions and they needed a way to get paid faster at lower cost.<\/p>\n

The solution: By leveraging Plastiq Accept payment requests, they can promote real-time payments, easily reconcile and track the payment process\u2060-without the hassle of managing a merchant account themselves or processing fees.<\/p>\n

\n\t\tThink Plastiq Accept is right for your business?\n\t<\/h2>\n\t\t\t\n\t\t\t\t\t\t\tget started\n\t\t\t\t\t<\/a>\n\t\t\t
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