FactorFox

FactorFox

FactorFox Software LLC
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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.

About

FactorFox is an AI Native operating system for factoring, asset based lending and purchase order finance. It runs the funding cycle end to end: client and debtor onboarding, credit and underwriting, invoice verification and data entry read directly from client agreements and backup, funding, reserve releases, collections, cash application, participations and reporting. The difference is the intelligence layer. Instead of another dashboard, every role gets a briefing that carries the evidence behind each conclusion, so credit, operations and ownership see exposure, covenant position and funding decisions with the supporting documents attached. Risk and funding are monitored continuously against bank covenants, and approvals happen inside Microsoft Teams where the work already is. FactorFox is model agnostic, carries dual accounting integrations, and covers general factoring, transportation, freight brokers, construction, medical, reverse factoring and LATAM electronic factoring.

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

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

Audience

Factoring companies, asset based lenders, purchase order funders, freight and transportation factors, and specialty finance firms operating in North America, Latin America, Europe, Australia and South Africa

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 Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

2.95% fee
Free Version Not Supported
Free Trial Not Supported

Pricing

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

Reviews/Ratings

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

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

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 Not Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Denim
Founded: 2019
United States
www.denim.com

Company Information

FactorFox Software LLC
Founded: 2002
United States
www.factorfox.com

Alternatives

Alternatives

DAT iQ

DAT iQ

DAT
Cync Factoring

Cync Factoring

Cync Software

Categories

Factoring Supported
Freight Supported
Freight Broker Supported
Working Capital Supported

Categories

Factoring Supported

Integrations

AscendTMS Supported
Cargo Chief C4 Supported
QuickBooks Online Supported
Tai TMS Supported

Integrations

AscendTMS Not Supported
Cargo Chief C4 Not Supported
QuickBooks Online Not Supported
Tai TMS Not Supported
Claim Denim and update features and information
Claim Denim and update features and information
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Claim FactorFox and update features and information