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About

Comarch Factoring is a cloud-based platform designed to enable banks and financial institutions to offer receivables and payables finance services, including invoice financing, supply chain finance, and balance factoring, through a flexible and scalable digital system. It supports the full lifecycle of accounts receivable management, allowing factors and their clients to manage invoices from submission to settlement within a single, integrated environment. It includes automated payment matching and reconciliation, bulk invoice import, and OCR-based data capture, enabling fast and accurate processing of large volumes of invoices while reducing manual work. It provides advanced billing and accounting capabilities through a powerful settlement engine that calculates fees, margins, and limits, and supports the configuration of factoring agreements throughout their lifecycle.

About

Denim automates invoicing, collections, and payments – ultimately reducing daily freight broker tasks by 75%. We specialize in automation and intelligent broker operations tools to grow in a competitive market. Our proprietary technology enables freight brokers to take control of their business with simplified financing solutions. Denim is a financial enablement platform specializing in freight broker operations. We help brokers easily access the working capital they need to grow in a competitive market through freight software that provides factoring, automated invoicing, collections, and payments. Denim Wallet is a carrier payments solution for freight brokers and shippers who want to distribute payments using their own funds. It works seamlessly with our Business Analytics Dashboard, TMS integrations, and QuickBooks integration.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Banks and financial institutions interested in a solution to automate and manage invoice financing and factoring services across the full accounts receivable lifecycle

Audience

Companies looking for a financial enablement platform that helps with time-saving automation

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

2.95% fee
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 1.0 / 5
ease 1.0 / 5
features 1.0 / 5
design 1.0 / 5
support 1.0 / 5

Pros & Cons from Real Users

Pros

  • They used to be a good company, but have slowly gone downhill and ultimately do not care about their customers in the end.

Cons

  • Denim is not a good factor, as we have been with them for 6+ years, and we had an issue with an invoice that was uploaded. Denim told us payment would go out that day, but because they failed to get it out, and we raised questions about the issue, Denim's solution was to ask us to leave Denim's Platform and give us 30 days to do so, instead of resolving the issue. I would not trust or use this company for my business, as your business is not their priority; it is Truckstop and Denim they care about. That is it.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Comarch
Founded: 1993
Poland
www.comarch.com/finance/banking/comarch-factoring/

Company Information

Denim
Founded: 2019
United States
www.denim.com

Alternatives

Alternatives

Kachasi

Kachasi

Union Systems Limited
DAT iQ

DAT iQ

DAT
Cync Factoring

Cync Factoring

Cync Software

Categories

Categories

Integrations

AscendTMS
Cargo Chief C4
QuickBooks Online
Tai TMS

Integrations

AscendTMS
Cargo Chief C4
QuickBooks Online
Tai TMS
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