After the audit and control of the carrier's invoice, the next step will be the timely payment to the carrier. ControlPay can take over the total payment process and will send you all the data back into the Shippers systems.
Shippers and carriers will be able to follow the track a freight invoice covers through our fully web based application: ControlPay's In House Bank©.

ControlPay provides financial settlement solutions to the treasury departments of large multinational shippers. Funding will be received into a dedicated bank account which will be used for freight invoices payments only. These funds are all held on a fiduciary basis.
Through monthly account balances provided by Deutsche Bank and a viewing account possibility in the Deutsche Bank funds disbursement system shippers will be able to check ControlPay's actions. This also creates transparency of the continuous flow of information which is presented throughout the process.

Accuracy is embedded in our service,
resulting in timely financial settlement for the carriers who are able to track and trace the payment route of their invoice. The interface between the In House Bank© and the Deutsche Bank fund disbursement system enables a fast and complete payment run. The ControlPay service provides a shipper with a reduction of processing costs and ensures a focus on bilateral financial settlement.

Please contact the ControlPay sales department for a demonstration.

ControlPay is an independent financial control service company which has no ties with any logistics company.