Get paid sooner. Before they pay.
Get paid on a delivered load's invoice without waiting out your customer's 30 to 60 days. Opt in, invoice by invoice. Not live yet.
How it will work. From delivered to paid.
The first two steps are in TruckWys today. The rest are coming soon.
- In TruckWys today
The load is delivered
Marked delivered in TruckWys, or by your TMS through the API.
- In TruckWys today
The paperwork is already there
The proof of delivery is on the load, and the invoice was raised on delivery.
- Coming soon
You opt in
Pick a delivered invoice and see the fee and the exact amount you would receive, before you ask.
- Coming soon
You get paid early
An independent finance provider pays you, on its own terms and credit checks.
- Coming soon
Your customer pays as normal
Your customer pays the invoice as normal. How that payment reaches the provider is set out at launch.
Why TruckWys. The paperwork is there.
Invoice finance usually starts with collecting the paperwork again. In TruckWys, it is already on the load, and all of it is live today.
The delivered load
With its route and charges, marked delivered in TruckWys or by your TMS.
The proof of delivery
The signature, who received it and the document, kept on the load.
The invoice
Raised on delivery with 15% VAT and your terms, ready to send.
How each customer pays
Debtors shows how each customer has paid you, invoice by invoice.
Who it is for. If you wait to be paid.
If you deliver now and get paid in 30 days or more, the gap is yours to carry.
You pay out before you get paid
Diesel, tolls and wages go out this week. The invoice is paid on your customer’s terms.
You are taking on more loads
Every new load costs cash before it pays. Waiting on invoices slows growth down.
You already invoice in TruckWys
Your delivered loads, proof of delivery and invoices are already in one place.
Set today. Set at launch.
We publish what Fast Pay costs and how it works when it is live. Not before.
- Status
- Coming soon. Not live.
- Your plan
- Not included in the R 4 499 plan. Nothing is charged for it today.
- Rates
- Published when it goes live.
- Which invoices
- The provider sets which invoices qualify. We'll publish the rules at launch.
- Choice
- Opt-in. You decide whether to use it.
- Who pays you
- Not TruckWys. TruckWys is not a credit provider. Financing would come from an independent invoice-finance provider.
- Approval
- On that provider's own terms, fees and credit checks.
- Until then
- Your customers pay you by EFT, straight into your own account.
- The name
- Capital and Fast Pay is the name for the finance features we're building, starting with Fast Pay.
Fast Pay questions.
Is Fast Pay live?
No. It is coming soon. Ask to be told when it is live and we will email you.
What will it cost?
We will publish the rates when it goes live. Not before.
Is TruckWys lending me money?
No. TruckWys is not a credit provider. Financing would come from an independent invoice-finance provider, on its own terms, fees and credit checks.
Which invoices will qualify?
The provider sets which invoices qualify. We'll publish the rules and rates at launch.
Does my customer pay differently?
No. Your customer pays the invoice as normal. How that payment reaches the provider is set out at launch.
Do I have to use it?
No. It will be opt-in. Nothing in how TruckWys works today depends on it.
Be first to know. When Fast Pay opens.
Leave your details and we will tell you the day it opens. Quoting, invoicing and debtors are live today, on one plan.
Port of Durban, KwaZulu-Natal