TICO buyers in the U.S. and Canada will have access to pay on invoice with 30-day interest-free payment terms, meeting key payment preferences of corporate buyers
TreviPay and TICO Manufacturing Partner to Offer Net Terms Program, TICO Charge, to Dealers and Fleet Services
MEDIA CONTACTS:
Alissa Clayton
The Fletcher Group
647.390.9085
alissa@fletchergroupllc.com
TreviPay, the most-trusted B2B payments and invoicing network, today announced a partnership with TICO Manufacturing, a North American pioneer in fleet services, terminal services and terminal tractor manufacturing, to power its net terms program. The new program, TICO Charge, will enable TICO to offer its dealers and fleets in the U.S. and Canada a credit line with 30-day net terms to support business growth and strengthen buyer loyalty. Through TICO Charge, enhanced business controls will also be available within an online portal, offering payment tracking, consolidated invoicing and spend controls for simplified billing.
Business buyers continue to seek convenient and tailored purchasing experiences when evaluating suppliers, such as dealers or truck service centers. Recent TreviPay research showed 78% of B2B buyers believe it’s imperative for suppliers to offer invoicing and 72% are more loyal to a business that offers their preferred payment methods. Sellers like TICO who anticipate and meet the complex needs of commercial buyers can increase average order value and the likelihood of return purchasers. Partnering with TreviPay also includes dedicated customer support, complete visibility of TICO Charge purchases and access to buyer data to enable intelligent business growth.
“With the demands of an increasingly global market, there is a need for efficiency in business payments for suppliers to maintain a competitive advantage,” said Brandon Spear, CEO of TreviPay. “Incorporating A/R automation tools and offering preferred payment methods will enhance operational performance and ensure positive, loyalty-building experiences in manufacturing.”
Through TICO Charge, approved buyers can immediately begin spending on credit and will be provided with a single, centralized invoice that is easy to understand and pay. This streamlined corporate purchasing program will support TICO’s national sales growth and help dealer and fleet services reduce the administrative burdens of manual invoicing and reconciliation. Later versions of TICO Charge will also include e-invoice integrations for greater enhancements.
“Our partnership with TreviPay will help ensure our customers have positive purchasing experiences,” said David Hough, Sr. Director Product Support at TICO. “As a B2B payments expert, TreviPay’s trusted technology will cement TICO’s place as a reliable and high-quality manufacturer at all stages of the buyer journey. Our dealers can focus on running their business, while TreviPay facilitates fast, secure and easy invoicing options.”
To learn more about TreviPay’s payments and invoicing solutions designed for manufacturers, visit www.trevipay.com.
About TreviPay
At TreviPay, we believe loyalty begins at the payment. By understanding the diverse and unique requirements of B2B sellers, TreviPay’s global B2B payments and invoicing network enables enterprises to provide payments choice and convenience, open new markets and automate accounts receivables. Powering more than $7 Billion in global trade, TreviPay was named a Leader in the IDC MarketScape for Worldwide Embedded Payment Applications 2024-2025 Vendor Assessment (#US51793524, Dec. 2024). With more than four decades of experience, TreviPay serves leaders looking to build loyalty while driving efficiency and embracing new digital channels, especially in industries with large distribution networks such as manufacturing, retail and transportation. For more information, visit www.trevipay.com.
About TICO Manufacturing
TICO Manufacturing is the quality manufacturer of the Pro-Spotter and Pro-Spotter Electric On and Off-Highway terminal tractors, for use in distribution centers, rail terminals and ports, as well as the Pro-Shuttle terminal trailer. TICO terminal tractors are built in Ridgeland, S.C. to be “Your Best Move.” For more information, please visit ticotractors.com.
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