Average Ratings 1 Rating
Average Ratings 0 Ratings
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
Yes
API Access
Has API
No
Integrations
AscendTMS
Yes
Cargo Chief C4
Yes
QuickBooks Online
Yes
Tai TMS
Yes
Integrations
AscendTMS
No
Cargo Chief C4
No
QuickBooks Online
No
Tai TMS
No
Pricing Details
2.95% fee
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
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
No
Barcoding / RFID
No
Billing & Invoicing
No
Customer Management
No
Customer Portal
No
Import / Export Management
No
International Forwarders
No
LTL Management
No
Local Forwarders
No
Rate Management
No
Shipment Tracking
No
Truckload Management
No
Warehouse Management
No
Waybills
No