Managing carrier settlements has long been one of the most tedious and error-prone processes in freight operations. For many brokers, it involves juggling spreadsheets, manually tracking invoices, and dealing with constant back-and-forth between carriers and accounting teams. These inefficiencies don’t just slow down operations—they create cash flow challenges, delay payments, and strain carrier relationships.
Alvys Carrier Settlements is helping brokers take control of their payment processes by bringing everything into one system. No more disconnected tools, no more guesswork—just a structured, efficient way to handle settlements.
The Problem: Why Traditional Settlement Processes Are Failing
Most brokers handle settlements in one of two ways:
- Spreadsheets and Manual Tracking – A time-consuming process that leads to lost data, incorrect payments, and missed deadlines.
- Disjointed Accounting and TMS Systems – Settlements are managed in one system, while operations live in another, causing sync issues, duplicate entries, and payment delays.
The result? Errors, inefficiencies, and carriers left waiting on payments.
The Solution: Bringing Settlements Into Your TMS
Brokers using Alvys Carrier Settlements are seeing a dramatic shift in how they manage payments. By handling settlements within the same system where they manage their loads, they gain:
- A Single System for Operations and Payments – No more switching between spreadsheets and external accounting platforms. Everything happens in one place.
- SuperSettle View for Better Accuracy – Cross-reference trip details, accessorials, and payables in one screen before approving payments.
- Automated Syncing with Accounting – Settlements flow directly into your accounting system, reducing duplicate work and manual errors.
- Approval and Dispute Management – Approve, revert, or dispute settlements with a full audit trail, keeping payments accurate and transparent.
- Factoring and Carrier Payment Flexibility – Generate and send settlement statements to carriers and factoring companies with just a few clicks.
How It Works: A Step-by-Step Walkthrough
1. View Open Settlements
From the Carrier Settlements dashboard in Alvys, brokers can instantly see all open payables. Filters allow users to sort by carrier, date, or trip number, making it easy to find outstanding payments.
2. Review and Approve
Each settlement ties directly to trip details, showing linehaul, accessorials, and supporting documents. Brokers can review, edit, and approve payments in bulk or one by one.
3. Generate and Send Statements
Once approved, Alvys generates a settlement statement for each carrier. Statements can be emailed directly to the carrier or factoring company for quick processing.
4. Sync with Accounting
Approved settlements are automatically sent to your accounting system, ensuring that financial records are accurate and up to date.
5. Revert or Dispute if Needed
If an issue is found, brokers can revert a settlement to an open status or log a dispute, keeping records clear and organized.
Why This Matters
Bringing settlements into Alvys means fewer errors, faster payments, and better relationships with carriers. Brokers who have made the switch report:
- 50% reduction in time spent processing settlements
- Fewer payment disputes and improved cash flow management
- Stronger carrier partnerships thanks to accurate, on-time payments
Take the Next Step
If you’re still managing settlements manually or in a separate system, it’s time to rethink your process. Moving settlements into Alvys isn’t just about efficiency—it’s about creating a smarter, more reliable way to manage payments.
Want to see it in action? Reach out to your Alvys representative to learn more.
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Alvys Receives the 2023 Top Tech Startup Award
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Alvys TMS Makes the Freightwaves FreightTech 100 List!
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The Secrets of Freight Factoring: Your Comprehensive Guide
Welcome to the complete guide to freight factoring. Freight factoring is sometimes called load factoring or trucking factoring, but for this guide we are going to keep things simple and refer to it by its most common name, “freight factoring.” In this guide we will discuss what freight factoring is, give some options for factoring
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10 Things Your TMS Should Do For Your Trucking Company
As a trucking company owner or manager, you have a lot of responsibilities to juggle. You have to coordinate shipments, schedule deliveries, manage drivers, and keep track of finances, among other things. It can be overwhelming at times, which is why you need a reliable sidekick to help you out. Enter the transportation management system
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How to Keep Truck Drivers Happy in 8 Easy Steps
If you’re a trucking company owner or manager, chances are you’ve spent a lot of time trying to figure out how to keep your drivers happy. After all, happy drivers tend to be more productive, more reliable, and more likely to stick around, which is good for everyone. But let’s be real – it’s not
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JOC – Inland Distribution 2022 – Interview with Nick Darman
The Journal of Commerce (JOC) Inland Distribution conference is a gathering place for all things logistics. Starting at imports and exports, the Inland Distribution conference covers intermodal rail, trucking, and other modes of transportation. This gathering is meant to bring the minds of the logistics world together under one roof to discuss problems within the
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Why Your Drivers Hate You and What You Can Do About It
Written by Shaniin Morales-Lewin, Event Marketing Manager at Alvys It’s no secret. Drivers are necessary to move your load from point A to B – it’s not teleportation or rocket science. Amidst technological advancements, drivers remain a key vertebrae in the backbone of logistics. The only thing more important than your drivers is communication with your drivers.
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What is 3PL? – The Complete Guide to Third Party Logistics
Acronyms make the world go round. From LMAO to SOS, it seems like we’re constantly inundated by letters taking the place of words. The trucking industry is no different. We’ve learned about FTL and LTL in previous blog posts. Today, we’re going to tie a bow on our introductory trucking acronyms by teaching you all
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What is LTL? – The Complete Guide to Less-Than-Truckload
Are trucking acronyms making your head spin? Were you transported back to your college days when someone said you needed to order a reefer last week? Did someone mention that you have an LTL shipment going to Ohio, and you’re not exactly sure what that means? Don’t worry. We’re here to help. In this guide,
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10 Powerful Steps to Improving Lead Generation and Winning Lanes for Freight Brokers
Now that you have set up your freight brokerage; the question is, how do you get your first customer? As a freight broker, covering loads is your bread and butter. You need to be creative in your lead generation and marketing. Also, you have to put in the necessary hours to look for customers. In
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All TMS Software Is Not Created Equal: How to Choose The Right TMS
What Makes a Good TMS? Transportation Management Systems have to organize many complicated workflows. They provide the backbone for your entire logistics operation. It starts with finding loads and scheduling them. Then you have to monitor those loads and check-in with drivers. Finally, you have to make sure everything gets delivered on time and paid
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How Much Money Do Freight Brokers Make
Written by Paul-Bernard Jaroslawski at FreightCaviar. There is a notion that it pays to be a broker in the world of freight. It can seem like carriers are doing most of the work for the least amount of money. But does this idea hold weight? It’s common that dispatchers and truckers think brokers are making
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6 Trucking Softwares to Help Manage Your Small Fleet
Written by Paul-Bernard Jaroslawski at FreightCaviar. If you’re a small trucking company, you might believe you cannot afford to invest in technology to improve your processes. You may also think that you do not need technology at this stage. I am not here to tell you how to run your business, but I want to
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What is FTL? – The Complete Guide to Full Truckload
The trucking industry is a lot like the military: they both use way more acronyms than should even exist. The good news is we’re here to help with some of that trucking alphabet soup. We’re here to give you the rundown on one of the most important acronyms in the entire logistics industry: FTL. In
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Better Company Culture: 6 Signs of a Healthy Workplace
Written by Leo Gorodinski, CTO and Co-Founder at Alvys I had an incredible experience at Jet, having front row seats to what would become the largest e-commerce acquisition in history (at that time). That experience taught me a lot about company culture as I got to see it emerge in real-time. Anyone in business knows
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Siloed Technology Is Not Good for Trucking Companies
Written by Nick Darman, CEO and Founder at Alvys Until recently, the investment potential of the supply chain has been largely overlooked. The eyes of the tech world were focused elsewhere, and there wasn’t much innovation coming from companies unless they were already involved in logistics. That changed when the world went on lockdown during
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The 6 Best Location Tracking Software for Your Business in 2022
Finding the right freight tracking software can be challenging, especially if you’re unfamiliar with all the available products. This article will cover 6 of the best location tracking software options for freight brokers and trucking companies in 2022. Growing Your Business with New Technology Anyone who has worked in logistics understands the importance of tracking
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Top 10 Freight Companies in the USA and How They Operate
What Exactly is a Freight Company? Freight companies move goods across the US and around the world. All those wonderful products delivered to your doorstep don’t appear by magic. They travel by different means using different types of companies. The process is complex and involves a new set of terminology. Sounds confusing right? Don’t worry,
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What It’s Like Being a Freight Coordinator: Lost Freight
If you’re new to shipping, you probably don’t know the true despair that comes with lost freight. If you thought people got mad about missed pickups, missed deliveries, or delayed shipments, buckle up – you’re in for a ride. While it seems insane that entire pallets of stuff can just go missing, it’s a reality
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What It’s Like Being a Freight Coordinator: Identifying Freight Classes
Working in the 3PL world, some people envy LTL coordinators, because they think they’re sitting on easy street with a fleet of trucks always ready for their freight. Others – specifically the people actually working in LTL – know better. LTL is a wild west of quoting freight, coordinating deliveries, tracking drivers, and praying for
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10 Simple Steps to Successfully Starting a Trucking Company
Written by Paul-Bernard Jaroslawski at FreightCaviar. Are you looking to start a trucking company? Maybe you need more information for you to begin the process. We are here to give you more insight into the business. The trucking industry transports 70% of all freight in the United States, generating nearly $700 billion in revenue. In
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What It’s Like Being a Freight Coordinator: Tracking Drivers
Keeping Up with Drivers is No Easy Task When I was working in the 3PL world, tracking drivers was always an adventure. If you’re already in the trucking industry, you know some of the reasons. If you’re not, buckle up. You’re about to learn some stuff. Back in my day, tracking technology was basically a
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Our New Logo: Adding Personality to Alvys
Written by: Charley Willerton-McKee, Lead Graphic Designer Some Necessary Changes Logos are a big deal. They must express who our company is in an instant, and be memorable enough to drive future growth. Additionally, if it isn’t perceived as “good design,” prepare for years of ridicule and side comments. It’s a difficult decision to reinvent Read More
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What It’s Like Being a Freight Coordinator: Deliveries
5 Questions to Ask Yourself When Making a Delivery If pickups are the most stressful times in the freight journey, deliveries are a close number two. Heck, they might be more stressful than the pickups. As a freight coordinator, deliveries can make or break you. The worst experience I ever had with a delivery involved
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How to Become a Freight Broker: A Comprehensive Guide
Written by Paul-Bernard Jaroslawski at FreightCaviar. A 14-Rule Comprehensive Guide That Will Help You Become a Full-Time Freight Broker Right now, I am going to share with you the steps and tips that are going to help you to become a freight broker. You might have questions about how the process works. Is it difficult
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What It’s Like Being a Freight Coordinator: Scheduling Pickups
The Pain of Scheduling Pickups In a past life, I worked as a 3PL freight coordinator, mainly on the LTL side. Even though I usually handled smaller shipments than FTL, I found many of the same pain points applied across the board. One of the biggest sources of frustration for everyone involved is scheduling pickups.
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Automated Load Status – Do You Really Want It?
Written By: Domenic Leo, Vice President of Growth at Alvys Of course you want it. We always want real time data – it helps us communicate to our customers and allows our dispatchers time to focus on more important tasks. But, how do we get this information automatically? That’s where geofencing comes into play. It
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5 Strange Trucker Stories
Spooky and Unsettling Late Night Drives Truck drivers have the best stories. From funny to down right spooky and everything in between. If you’ve ever driven down a long stretch of road at 2AM, or slept at a truck stop in the wrong part of town, you know these stories can get rather… interesting. And
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Top 5 Best Movies About Truckers
Everyone outside of trucking has their opinions about truck drivers. Most people think that truckers are just a bunch of gritty, rough around the edges, drifters. Some of that is probably true. But those of us in trucking know the real truth: without truck drivers, the economy doesn’t exist. We wouldn’t have iPhones, TVs, fruits,
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Empower Drivers with the Alvys Driver Mobile App
The Alvys driver mobile app helps fleets stay connected. It allows you to update all load information for your drivers in real time. Gain real time visibility on where they are and whether their load has been delivered successfully with geo fencing and cutting edge OCR (optical character recognition) technology. Create an organized hub where
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How to Thrive as a Carrier in a Volatile Market
We need to talk about the state of small trucking. Spot rates are cratering, inflation is crushing consumer spending, and diesel prices are on the rise. It doesn’t seem like there is an end in sight to this volatile market. And small to midsize carriers are taking the brunt of the blow. Why do small
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From Chaos to Clarity: How Brokers Are Fixing Settlements with Alvys
Alvys Carrier Settlements is helping brokers take control of their payment processes by bringing everything into one system. No more disconnected tools, no more guesswork—just a structured, efficient way to handle settlements.
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