Unlike settling a logistics invoice as a single lump sum, split payment handling refers to the process of dividing one transport or logistics invoice into separate payment streams – typically by cost category such as freight, customs duties, insurance, and storage charges – and routing each amount to the relevant service provider or cost centre.
Source: https://www.inboundlogistics.com/cms/glossary/split-payment-handling/
Matching tools and partners
You might also be interested in these terms
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.