MARYLAND HEIGHTS, Mo., Oct. 26, 2007 — Level One Technologies is pleased to announce the addition of Midwestern Transit Service to the Epay Manager network. Midwestern plans to join Epay in November 2007 and will use the system to create a private carrier network to automate many back office processes.
Epay Manager will be used in conjunction with Midwestern’s freight management software, Keypoint, to communicate available load information and electronically exchange invoices and proof of delivery documents with its carriers.
"I’ve seen the transportation industry move towards electronic communication between business partners. Our company already communicates electronically with some customers and we’ve enjoyed the benefits of being paid electronically. I thought it was time to be proactive and enhance our ability to communicate with our carriers and pay them electronically," said David Taylor, President of Midwestern.
Carriers who register to participate in Midwestern’s network will be able to receive an interactive list of available freight and will be given the first opportunity to view these loads and submit equipment availability. Moving to an electronic format will reduce the number of telephone calls to Midwestern’s office and will allow the company to reach its carrier base in a matter of seconds. This will allow Midwestern to book more freight with its most trusted carriers.
Midwestern’s accounts payable process will become fully electronic with the implementation of Epay Manager. Carriers will no longer be required to mail invoices and proof of delivery documents. Instead, carriers will receive a pre-filled invoice via email after the load has been delivered. This electronic invoice will include a custom fax coversheet that carriers will use to submit delivery documents. Carriers will also be able to select alternate payment terms and request changes before submitting the invoice. To complete the transaction, Epay will initiate an ACH payment and electronically deposit funds into the carrier’s bank account.
"It’s our objective to improve back office operations by eliminating mail and the high cost of processing paper. At the same time, we’ll be able to strengthen our carrier relationships, by providing easier access to available loads and faster settlements. With Epay, we’ll be more flexible with the services and payment options we offer to our carriers. We believe this is a winning formula to help our company grow," said Taylor.
About Midwestern Transit Service, Inc.
Midwestern Transit is based in Ashley, IL and provides freight management analysis and consultation services. The company is a family managed marketing and sales intermediary that coordinates the shippers’ needs with carrier availability. Additional information may be obtained at http://www.midwesterntransit.com or via telephone at 618-735-2233.
About Level One Technologies, Inc.
Level One Technologies provides transportation companies with innovative, web-based applications that streamline common business practices and promote economic opportunities between shippers and carriers. Additional information may be obtained at http://www.levelonetechnologies.com or via email at info@levelonetechnologies.com.
Contact:
Level One Technologies, Inc.
Tel: 1-800-240-1824
info@levelonetechnologies.com
http://www.levelonetechnologies.com
