PRESS RELEASE:
CHATTANOOGA, TN
September 28, 2022
Transcard, a global leader in payments and data technology, showcased its FreightX freight processing solution at the McLeod Software 2022 User Conference, September 25-27, at the Music City Center in Nashville, TN.
FreightX is an industry first solution powering the world’s largest enterprise blockchain deployment.
The FreightX platform combines:
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SMART Connect: A secure digital connection between each shipper and carrier.
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SMART Load Ledger: Smart contracts and real-time rules enforcement and invoice updates.
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SMART Finance: Embedded payments and financing with auto reconciliation.
“The freight industry is plagued with disputed invoices, cash flow issues, and a lack of visibility that strains shipper and carrier relationships. That’s why we created FreightX, an industry first solution built on a shared digital ledger between shippers and carriers,”
said Transcard CEO Greg Bloh
“By virtually eliminating invoice disputes, FreightX helps carriers get paid faster, reduces the time and money wasted resolving invoice disputes, and avoids the need for punitive early pay fees.”
Transcard was a Platinum Sponsor of McLeod Software 2022 User Conference and exhibited in the Trucking Technology & Services Expo. Attendees had the opportunity to visit with nearly 70 industry vendors, see the latest integrations, make appointments to see cutting edge technologies, and shop industry services all within the Trucking Technology & Services Expo.
Transcard also presented a breakout session entitled, “Take Back Your Fridays: How to Virtually Eliminate Invoice Disputes.”
Additionally, McLeod Software customers had an opportunity to see a live demonstration of Transcard’s FreightX solution in the McLeod Product Showcase.
ABOUT TRANSCARD
Transcard makes frictionless payments a reality with comprehensive global payment solutions designed for banks, fintechs, and businesses of any size and in any industry. We deliver solutions for B2B payments, B2C payments, B2B2C payments, A2A automation, BaaS. Our solutions combine unmatched multi-rail capabilities, embedded workflows, best-in-class integration, effortless reconciliation, and bank-grade security. These are some of the reasons that 550 businesses and more than 200 banks trust us with their payments.
