Invoice & Payment Explained

Overview

TNX automates invoicing and payment. Carriers execute the job and settle in TNX. The cargo owner has two working days to settle or dispute. When both sides have settled, TNX generates an invoice on behalf of each carrier and consolidates it with all other invoices. The cargo owner receives one consolidated invoice. The carriers receive a payment remittance that shows each job completed, the job price that will be paid, and the payment date.

This process is known as self-billing or buyer generated invoices. It means TNX will create invoices and payment remittance documents automatically instead of processing the invoices created by carriers.

What should a carrier expect?

Common Questions