DropPay allows trucking companies to get paid instantly as soon as a load is delivered, 24/7/365. With our newest DropPay feature, DriverPay, trucking companies can offer the same to their drivers.
DriverPay Offers Instant Pay for Drivers on Your Terms
At Express Freight Finance, we’re always looking for the next opportunity to revolutionize the freight industry, and we think our DriverPay fits the bill.
Introducing DriverPay, a revolutionary new way for trucking companies to gain flexibility in driver pay, enable instant payments to drivers, and streamline their payroll processes.
Pay Your Drivers When and How You Want
With DriverPay, you get to choose how your drivers are paid. Want to offer instant payments on every load? You can do that. Want to maintain your current payroll schedule? You can do that, too. DriverPay offers optionality along with total control over when and how your drivers are paid.
Think of the possibilities! Even if you maintain your current payroll schedule, you have the power to make an exception. Consider this scenario. You’ve got a driver experiencing financial hardship or a big life event that means they could really use cash in their pocket right now. With DriverPay, you can give that driver the money they’ve earned right away, enabling you to support that driver through hard times and relieve some of their burden.
Protect Your Cash Flow
Solid cash flow is critical in trucking operations. With DriverPay, you don’t have to sacrifice pay flexibility to protect it. By giving you total control over your drivers pay, you can safeguard your cash flow while still offering drivers the benefit of instant payments.
You get to decide when your drivers are paid so you can keep your financial house in order. DriverPay gives you the power to achieve your financial goals while still providing your drivers with the revolutionary benefit of instant payments on your terms.
Simplify Driver Payments
With DriverPay, you don’t have to step outside of the processes you have in place. It’s built into the factoring process, pulling information from the data already stored to calculate driver pay based on the terms you’ve set while still offering full control.
No more hunting down load information or calculating mileage to ensure drivers are paid correctly. Our new solution auto-suggests pay based on pre-recorded data to streamline the payroll process. You can save time and headaches while reducing the likelihood of payment errors with DriverPay.
Attract and Retain the Best Drivers
The trucking industry is competitive and good drivers are hard to come by and sometimes even harder to hold onto. The ability to provide instant payments is a tantalizing benefit you can offer potential new drivers to stand out from the competition.
Taking care of your drivers is one of the keys to success in trucking. Drivers who are happy with their work and who feel supported by the company they work for are more productive and offer better service. DriverPay allows you to offer your tried and true drivers a revolutionary benefit to inspire them to stick with you and continue to do their best work.
Ready to Learn More?
If flexibility, instant payments for drivers, and retaining top talent sounds like a winning strategy for your trucking company, reach out to the Express Freight Finance team to get set up today.
