HDA Truck Pride, North America's largest independent provider of parts and services to the commercial vehicle aftermarket, and B2B payments and invoicing network TreviPay have partnered in the new Fuse National Account Program.
What is the Fuse National Fleet Program?
Fuse represents a national fleet program designed to seamlessly connect small to mid-sized fleets with an extensive network of over 900 premier HDA Truck Pride parts and service providers across North America.
HDA Truck Pride said the launch of the Fuse National Fleet program reaffirms its position as an industry leader dedicated to driving innovation and delivering value across the fleet management spectrum. TreviPay will enable service providers in the Fuse program the ability to offer invoicing and commercial payment terms to the fleets they serve.
“HDA Truck Pride is dedicated to offering cutting-edge resources and initiatives to elevate the commercial vehicle industry," said Curt Westphal, director of program development–end user at HDA Truck Pride.
Study Shows Where Businesses Struggle
A recent TreviPay study of 300 global business buyers reported inefficient processes and incorrect invoices were identified as areas where B2B sellers are falling short. HDA Truck Pride said this results from manual back-office systems, which can easily miss negotiated pricing or invoice scheduling agreements.
Through TreviPay, fleets getting serviced within the FUSE program at participating service providers can expect consolidated, online invoicing and payment options through a dedicated line of credit with payment terms of 30 days. Fleets can also benefit from fast onboarding, accounts payable integration, and customized purchase controls.
“Today’s business buyers are increasingly looking for seamless payment experiences that are convenient, accurate and fast – and this includes heavy-duty trucking fleets,” said Brandon Spear, CEO of TreviPay. “TreviPay’s tailored program for the HDA Truck Pride network will connect service providers and fleets with streamlined onboarding, invoicing, and reporting capabilities, which will add value through the order-to-cash process.”
Increasing Invoice Accuracy Through Fuse
Participating HDA Truck Pride service providers can offer commercial payment (or net) terms to expand and cement loyalty among the market of fleets each serves. In addition to a 90% improvement in invoice accuracy in the Fuse program, service providers can experience seamless, easy-to-process billing, increased average order sizes, and the ability to extend net terms without taking on a credit risk.
TreviPay guarantees payment and manages collections through the program to help reduce days sales outstanding (DSO).
“The Fuse national accounts program fortifies our network’s competitive edge and market expansion and elevates the convenience and value proposition for our fleet customers. It’s a win-win partnership for all involved,” Westphal said.
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