Cync Factoring

Cync Factoring

Cync Software
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About

Cync Factoring is a cloud-based invoice factoring platform designed to automate and streamline the entire lifecycle of factoring operations, from invoice validation and verification to funding and portfolio management. It enables lenders to digitize and accelerate invoice processing through rule-based automatic validation and rapid electronic verification, reducing manual effort and minimizing risk while improving accuracy and efficiency. It supports end-to-end workflows, including document management, collections, and funding decisions, allowing users to handle large volumes of invoices with greater speed and consistency. It includes features such as automated invoice importing from accounting systems, configurable fee and charge structures, and real-time monitoring to provide full visibility into operations and portfolio performance.

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 Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Financial institutions and factoring companies wanting a solution to automate invoice verification, manage risk, and accelerate funding processes for accounts receivable financing

Audience

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

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

2.95% fee
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

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

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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 Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

Cync Software
Founded: 2010
United States
www.cyncsoftware.com/cync-factoring

Company Information

Denim
Founded: 2019
United States
www.denim.com

Alternatives

Alternatives

DAT iQ

DAT iQ

DAT
FactorFox

FactorFox

FactorFox Software LLC

Categories

Factoring Supported

Categories

Factoring Supported
Freight Supported
Freight Broker Supported
Working Capital Supported

Integrations

AscendTMS Not Supported
Cargo Chief C4 Not Supported
QuickBooks Online Not Supported
Tai TMS Not Supported

Integrations

AscendTMS Supported
Cargo Chief C4 Supported
QuickBooks Online Supported
Tai TMS Supported
Claim Cync Factoring and update features and information
Claim Cync Factoring and update features and information
Claim Denim and update features and information
Claim Denim and update features and information