Bank’s Freight Payment tools praised for market-leading technology
MINNEAPOLIS--(BUSINESS WIRE)--Apr. 30, 2015--
In its annual logistics IT research survey, Inbound Logistics
magazine named U.S. Bank a Top 100 sector leader for its suite of
Freight Payment tools that promote secure, automated cash-flow
management through a variety of audit, payment and financing programs.
This is the third consecutive year the bank’s industry-leading freight
payment solution has made the list.
A pioneer in automated freight audit and payment, U.S. Bank Freight
Payment processes millions of freight invoices annually for some of the
world’s largest corporations and government agencies. The
industry-leading solutions provide:
Complete visibility into all funds received and disbursed
100 percent prepayment audit
A collaborative online solution for shippers and carriers to resolve
Innovative cash management solutions
The Inbound Logistics selection team chose its 100 top technology
leaders from a pool of more than 400 candidates. Editors said they
placed value on providers whose solutions are central to solving
transportation, logistics and supply chain challenges, and whose
customer successes are well documented.
The Top 100 list appears in the April 2015 issue and is posted
online. For more on U.S. Bank’s transportation solutions, visit www.usbpayment.com/carriers.
About U.S. Bank
U.S. Bancorp (NYSE: USB), with $410 billion in assets as of March 31,
2015, is the parent company of U.S. Bank National Association, the
fifth-largest commercial bank in the United States. The company operates
3,172 banking offices in 25 states and 5,016 ATMs and provides a
comprehensive line of banking, brokerage, insurance, investment,
mortgage, trust and payment services products to consumers, businesses
and institutions. Visit U.S. Bancorp on the web at www.usbank.com.
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Source: U.S. Bancorp
U.S. Bank Corporate Communications
Bill Brady, 612-303-0731