Trucktax provides independent truckers and fleet owners with cost-effective solutions for managing the business-side of trucking. 

This business-side of trucking management service by TruckTax, provides trucking companies and Owner-Operators with an end-to-end outsource management system; from freight Order to cash, that will give trucking executives and owner operators more time to focus on Trucking for Profit.

The service system will create a centralized outsource back-office for managing the freight order management and billings process as well as the collections of past due invoices.   

Under this service system, TruckTax functions as the undisclosed outsource back-office for the Trucking company or small fleet owner and assumes the responsibility for managing the freight billing and receivables cycle functions from;

- "Freight Shipment Order-2-Cash"   

The Load-2-Cash services can include all or parts of the business-side of trucking management functions; From Invoicing and invoice mailings - to accounts receivable management, collections, cash applications, customer relations management and accounts payable processing. 

Specifically, this service will enable trucking clients to realize significant costs savings over current costs, as well as improved efficiency with a built-in receivables collections management system that will help improve cash flow from the accounts receivable investment created from a load delivery contract and/or service agreement or event.  

• Invoicing and Billing

  • Based on established terms, TruckTax will initiate the freight billing process to accurately invoice the trucking client customer and ensure that the invoice is delivered quickly to the client customer.

• Receivables management

  • We provide a professional monthly receivables management aging and analysis report to enable the trucking company client to easily  plan and predict cash flow.

• Receivables Collection

  • This is the most dynamic segment of the load/service delivery to-cash process. 

  • With our personalized service, we handle the collections at all phases, from early notification to delinquency management.

• Cash Application

  • This is our way of accurately recording payment received and correctly applying it against invoices, eliminating unapplied cash on account problems and customer disputes as well as unauthorized short payments and discounts. 

  • In addition, with this service when we contact your customers, we function as an undisclosed extension of your trucking company, so your customers are unaware of our involvement.

  • As a result, all payments are sent direct to you, which will maximize the timeliness of cash flow and minimize the need for bank accommodation float.

• Problem Account Management

  • We work with your customers and in-house staff on issues where there is a freight billing problem other than the ability to pay within terms.

• Customer Relations Management

  • We make this part of our service mission to handle customer payment issues and queries and keep track of occurrences, so that you our client can use this information to make in-house sales and/or marketing changes to further the customer relations building process.  

• Accounts Payable Processing

The focus of this comprehensive back-office service bundle, is on the professional management of the Freight Order-2-Cash business process functions in the trucking company, and the timely collections and management of accounts receivable. 

At TruckTax, we believe that the Freight Order to Cash business process cycle offers trucking companies one of the largest sources of untapped current asset capital. As a result, we bring a business partner style commitment to each client engagement, with the mission to maximize receivables turnover and its timely contribution to cash flow and working capital. 

Uniqueness

Our Freight Order-2-Cash Management service system, is a customized service that seamlessly integrates into the existing business process of the Trucking Company. 

This service system is designed to be convenient, with the look and feel as if we are in an office at your office. We function as your undisclosed collections department.

This means, when contacting your customers, we make these contacts in your name, as an extension of your receivables management and/or customer relations department. 

As a result, all payments are made direct to your company, mailed/delivered by your customers to your company address and/or lock-box if applicable.

The Bottom-line!

Our mission is to help you grow your business, without having to grow your staff.