Month: August 2020
Thank You: When an Invoice isn’t an Invoice
Written by Bestpass on . Posted in YTP News.
Bestpass Launches Toll by Plate for Commercial Fleets
Written by Bestpass on . Posted in YTP News.
March 2, 2020
Toll by plate coverage to supplement existing nationwide transponder coverage
Bestpass®, a company that provides a comprehensive payment platform with a focus on toll management for commercial fleets, today announced that it has launched a toll by plate solution as a supplement to its nationwide transponder-based toll coverage.
“The rise of all-electronic tolling across the United States has led to an increase in unplanned toll by plate for commercial fleets,” said John Andrews, president and CEO of Bestpass. “By combining our traditional transponder-based coverage with this new toll by plate solution, we are able to provide an even more comprehensive toll management program for our customers.”
Bestpass toll by plate coverage includes both power unit and trailer license plates. It helps commercial fleets by consolidating nationwide coverage with tolling authorities and minimizing the impact of toll by plate transactions, which includes administrative fees and complications from delayed billing.
In addition to administrative fees and delayed billing, each tolling authority has different business rules, and toll by plate can introduce significant complexity for fleets, including challenges related to trailer plates and leased equipment. Toll by plate also adds expense and increases processing time for tolling authorities.
“Our toll by plate solution facilitates greater efficiency and less cost for both our customers and the toll facility operators, creating a winning situation for all parties,” said Andrews.
Bestpass Listed Among Fastest Growing Companies
Written by Bestpass on . Posted in YTP News.
August 10, 2020
Bestpass®, the comprehensive payment platform provider that is the leader in toll management solutions for commercial fleets, was recently listed at number eight on the Albany Business Review’s 2020 Fastest Growing Companies List.
The Albany Business Review ranked companies throughout New York’s Capital Region, which includes 11 counties, based on three-year revenue growth. Bestpass has grown rapidly, surpassing more than $1 billion in total toll transaction volume in 2019. The company, with nearly 100 employees, has more than 8,500 customers and more than 600,000 deployed toll transponders.
“This recognition by the Albany Business Review is a testament to the value that we provide by helping our commercial customers save time and money on their toll management, as well as to the commitment of all our employees,” said Bestpass CEO Tom Fogarty.