Big Banks Offer New Services to Speed Freight Payments
When Nebraska-based Daycos began automating its freight invoice processes in the 1990s, most of its customer base of moving and storage companies weren’t getting paid until 30 to 45 days after filing their invoices.
Since then, CEO Brandon Day notes, Daycos’ billing process has decreased to an average of four to…
http://www.joc.com/international-trade-news/trade-finance/big-banks-offer-new-services-speed-freight-payments_20140225.html
Journal of Commerce