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Description
Denim streamlines the processes of invoicing, collections, and payments, leading to a remarkable 75% reduction in the daily tasks faced by freight brokers. Our focus is on providing automation and advanced tools for broker operations, helping our clients thrive in a highly competitive landscape. With our exclusive technology, freight brokers gain the ability to manage their businesses more effectively, thanks to simplified financing options. Denim serves as a financial empowerment platform tailored specifically for freight broker operations. We facilitate easy access to the necessary working capital for brokers, enabling growth through our specialized freight software that encompasses factoring, automated invoicing, collections, and payment solutions. Additionally, the Denim Wallet offers a payment solution for carriers and shippers, allowing them to distribute payments using their own resources. This system integrates flawlessly with our Business Analytics Dashboard, TMS integrations, and QuickBooks, ensuring a cohesive experience for our users. Through our innovative offerings, we aim to revolutionize the way freight brokers operate and manage their financial activities.
Description
FactorFox is an AI-driven operating system designed specifically for factoring, asset-based lending, and purchase order finance. It efficiently manages the entire funding cycle, encompassing processes such as onboarding clients and debtors, conducting credit assessments and underwriting, verifying invoices, and capturing data directly from client agreements and related documentation. Additionally, it oversees funding, releasing reserves, collections, cash applications, participations, and reporting. What sets it apart is its intelligent interface; rather than offering just another dashboard, it provides tailored briefings for each role, complete with the evidence supporting every decision. This ensures that credit teams, operations, and management have a clear view of exposure, covenant positions, and funding choices, all accompanied by relevant documentation. Continuous monitoring of risk and funding against bank covenants is a core feature, and approvals are seamlessly integrated into Microsoft Teams, where collaboration already occurs. FactorFox is versatile, supporting dual accounting integrations and catering to various sectors, including general factoring, transportation, freight brokerage, construction, medical industries, reverse factoring, and electronic factoring in LATAM. This comprehensive approach not only enhances operational efficiency but also drives informed decision-making across all levels of the organization.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
AscendTMS
Cargo Chief C4
QuickBooks Online
Tai TMS
Pricing Details
2.95% fee
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Denim
Founded
2019
Country
United States
Website
www.denim.com
Vendor Details
Company Name
FactorFox Software LLC
Founded
2002
Country
United States
Website
www.factorfox.com
Product Features
Freight
3PL
Barcoding / RFID
Billing & Invoicing
Customer Management
Customer Portal
Import / Export Management
International Forwarders
LTL Management
Local Forwarders
Rate Management
Shipment Tracking
Truckload Management
Warehouse Management
Waybills
Product Features
Alternatives
Alternatives
No Alternatives