Denim

Constantly switching between systems can slow you down. But with an integrated TMS, imagine what you could be doing with the time you save:

👉 Making the rounds with the office beer cart.
👉 Touching base with your favorite drivers.
👉 Browsing Carvana for a g-wagen.
👉 Making cold calls.

Life is too short to be constantly toggling between your TMS and your factoring platform.

Learn more about integrating your TMS with your tech: https://hubs.li/Q02B4B2k0

Improving back-office efficiency without adding more staff is entirely possible.

By integrating their Transportation Management Systems (TMS) with Denim, these three brokerages have significantly enhanced their operations:

📈 Peregrine tripled their invoice processing speed.
📈 Yeti Logistics reduced redundant data entry tasks by 75%.
📈 Alliance Logistix slashed their invoice processing time by 62%.

You could achieve similar success.

Discover how:

How 3 Freight Brokerages Avoided Back-Office Hires with Factoring Integrations Learn how Denim's factoring and payment integrations helped 3 freight brokerages automate, save time, and scale without adding staff.

Earning $300 has never been easier.

Just refer a broker or fleet owner to Denim!

Our tech-enabled factoring services have empowered hundreds of brokers to:
💸 Save money
⏰ Save time
💪 Gain flexibility
🕶️ Build trust

When your referral submits an application (and why wouldn't they?) and factors 5 jobs, you'll earn $300.

It's that simple. Submit your referral through the link in the comments.

Meet Natalie Schick, the SmartBroker of the Year Award Winner!

Natalie is known for her growth-oriented approach, passion, and dedication to enhancing the experiences of customers and employees at Alliance Logistix.

She offers this valuable advice for building relationships:

"Listen. Really listen—not just to respond, but to understand. Use what you learn and approach each situation with honesty and innovation. This method will help forge open and constructive relationships."

How do you approach relationship building?

Every minute spent re-entering data from your TMS to your other software providers is a minute you could be using to book another load.

Integrate your TMS with your entire tech stack to streamline your operations. Instantly access real-time updates on payments and loads, view all essential information at a glance, and tailor your system to fit your specific needs.

With the right setup, one of our clients boosted their shipping volume by 35%. Let's make your system work smarter for you.

Learn more: https://hubs.li/Q02zQgcv0

According to TIA, fraud in the trucking industry has escalated to an $800 million problem. That's a lot of G-Wagens...

In all seriousness, the need for fraud prevention is at an all time high. But fraud prevention shouldn't be a bulky and time-consuming task.

Enter My Carrier Portal and Denim.

Join us at the ‘Fearless Against Fraud’ Webinar TOMORROW to discover how our integration offers essential tools to protect your business.

Register now: https://hubs.li/Q02z50_b0

And that’s a wrap on the Tai Software User Summit! Ben Jones and Jamie Neely had a great time talking with dozens of freight brokers, and here’s what everyone's buzzing about:

❗️ The challenge of keeping back-office operations lean while ramping up volume.
❗️ All things cash flow: from maximizing it to needing smoother operations.
❗️ A need for more flexibility in factoring solutions.
❗️ Quickpay & carrier fraud protection.

Sound familiar? Maybe it’s time to chat with our team.

We also loved catching up with Danielle from Mycarrierportal and everyone else!

See you next year!

Ease your operational burdens and streamline the process of adding new carriers.

With the Mycarrierportal and Denim integration, adding carriers is smoother than ever. Payment data and factor assignments flow automatically from MCP to Denim, ensuring your data remains current. This seamless integration allows you to scale your operations efficiently without the need for additional headcount.

Don't miss our live webinar on June 4th to see this powerful integration in action. Register here:

We have the best clients! Thank you, Robert and the Waggon team for your trust in our services.

“Waggon went through three factoring companies before we got to Denim and we will never leave. Best in the business and it’s not even close. Keep up the great work.”

We're dedicated to being the best partner for freight brokers by providing flexible factoring and time-saving back-office support.

Ready to streamline your operations and boost your cash flow? Let's talk.

Forget manual data entry.

With the Denim & Mycarrierportal integration, adding new carriers is straightforward and accurate. Payments and factor assignments are automatically synced, keeping your data up-to-date

Want to see it in action? Join us on June 4th for a live demo and Q&A with Denim and MCP experts. Grab your spot today!

LINK: https://hubs.li/Q02xs16s0

Are you spending more time on admin than actual sales? Boost efficiency by integrating your TMS with the rest of your software!

Here's why:
⏰ Time Savings: Automate data entry and document uploads, cutting manual workload in half.

❌ Error Reduction: Seamless data transfer between systems reduces human errors.

📈 Boost Efficiency: With essential information integrated, redirect your focus to scaling your brokerage.

Case in point: Alliance Logistix slashed invoice processing time by 62% by integrating EKA with Denim’s factoring services.

Read more here:

Essential TMS Integrations for Freight Broker Operations Maximize brokerage efficiency with essential TMS integrations, reducing admin tasks and enhancing sales team performance.

Imagine scaling your loads without increasing headcount. That's exactly what River City Logistics achieved.

Thanks to Denim's quickpay and back-office automation, River City Logistics now handles up to 3,000 loads monthly without needing to add 1-2 full-time employees.

Sometimes, adding more staff isn't the solution. Implementing smart solutions that equip your existing team to be more efficient is often the best way to scale.

Discover how River City Logistics leveraged Denim as a financial partner to streamline their operations and boost efficiency.

LINK:

Freight Brokerage Stays Lean with Denim’s Factoring and Automation River City Logistics successfully evolved from an agency to an independent brokerage with strategic partnerships and freight factoring from Denim. Discover how to make your move.

Say goodbye to manual carrier data entry. Denim + Mycarrierportal have integrated to save you hours.

Carrier profiles and payment information seamlessly flows into Denim without any work from our mutual clients. Efficient, error free, and risk friendly.

Too good to be true? Let us show you how on June 4th in a live demo and Q&A with Denim and MCP experts. Grab your spot in the link in the comments.

Learn More: https://www.denim.com/blog/denim-and-mycarrierportal-integration-saves-brokers-hours-in-manual-carrier-data-entry

Financial literacy is one of the top reasons most transportation companies fail.

A deep understanding of your factoring agreements is crucial for maintaining your company's financial health. Knowing the terms, such as the implications of personal guarantees, can empower you to negotiate better conditions and enhance your business's stability.

Why settle for less when you can secure the best for your business?

Dive deeper into the nuances of factoring agreements with Sean Smith and Chris Jolly on their Financial Friday podcast, where they explore key aspects that every transportation company should know.

How confident are you in your understanding of factoring agreements?

That’s a wrap on Broker Carrier Summit in KC! Lexi and Phil from the Denim team are back with their top 3 takeaways from the conference:

💡 Carrier Vetting: This was a burning issue. Panelists highlighted the importance of thorough vetting, sharing an eye-opening example: many carriers registered to the same small office space in CA, all using the same email address.

💡 Strengthening Relationships: The value of building solid relationships between carriers and brokers was a key focus. Effective communication, trust, and consistent payments create mutually beneficial partnerships.

💡 The Power of In-Person: As the industry leans heavily on digital communication, the conference underscored the impact of in-person meetings. Moving relationships from purely transactional to more personal interactions can really make you stand out in a fluctuating market.

What insights did you gather from Broker Carrier?

Until next year!

Operational efficiency is crucial to success, much like how a well-planned route ensures timely deliveries without unnecessary delays.

We're excited to announce our partnership with TalenTek, designed to help freight brokers scale effectively without excessive headcount. This collaboration equips brokerages with the tools needed to streamline operations and drive sustainable growth.

Stay tuned for more updates!

TIA, you were a blast! The Denim Team not only teed off successfully at the golf outing, but connected with freight brokers across the US about the industry's current landscape.

Here are the top three insights from those discussions:

1️⃣ AP Challenges: The accounts payable process is proving to be a bottleneck. There's a strong drive to automate and streamline this area to strengthen carrier relationships and improve customer service.

2️⃣ Focus on Integration: As data needs to flow smoothly between systems, many are aiming to integrate their technology stack to boost operational efficiency.

3️⃣ Volume Variations: Even with a slight dip in volume, the mood remains upbeat. Most brokers feel confident about their strategies to navigate the economic conditions.

Do these points resonate with you? Share your thoughts in the comments.

Hopefully you already know this… Today is Tax Day!

If you’ve been putting off your tax returns, now’s crunch time. Make sure to finalize and submit everything by the end of the day to avoid any late fees.

And here’s a tip: You can write off those factoring fees. For more details on how to do this, check out the link in the comments.

Let’s get those filings wrapped up!

Factoring And Taxes: Everything Freight Brokers Need to Know Did you know freight factoring fees are tax deductible? Learn more on how your freight brokerage can take advantage of tax benefits this season.

No surprise here: Jamie Neely, our aspiring Masters golfer with a knack for hole-in-ones, just snagged the 2nd place trophy at the TIA Annual Golf Outing!

Congrats to the whole team on taking home the runner's up trophy!

If you're at TIA, come swing by booth 613. Not only could you get a signed autograph from the champ himself, but we're also eager to chat about how we're reimagining factoring. Don't miss out!

Taxes are due in 10 days.📆 It's crunch time for your freight brokerage to maximize deductions. Here’s a checklist to ensure you don’t miss out:

1. Operating Expenses: This includes all costs directly related to running your business, like office supplies, software subscriptions, and utilities.

2. Home Office Deduction: Utilize part of your home for work? Deduct a portion of utilities, rent, or mortgage, and internet based on the space used.

3. Vehicle Expenses: Deduct business-related car expenses, including gas, maintenance, insurance, and mileage.

4. Insurance Premiums: Don’t forget premiums for business insurance like general liability, errors and omissions (E&O), and cargo insurance are deductible.

5. Professional Fees: Legal, accounting, and other professional services fees directly tied to your business operations can be deducted.

6. Marketing and Advertising: Costs for promoting your brokerage, including website upkeep, online ads, business cards, and other materials.

7. Education and Training: Expenses for courses, seminars, or materials that enhance your skills or are required for your professional license.

8. Association Dues and Subscriptions: Membership dues for industry organizations (like TIA and ATA) and subscriptions to relevant trade magazines are deductible.

9. Depreciation: If you’ve invested in equipment or furniture for your business, consider depreciating these items over their useful life for annual deductions.

Don't forget your factoring fees are tax deductible! Learn more about factoring and tax in our blog linked in the comments.

Is your factor actually a good partner?

Keep an eye out for these cautionary signals:
🔹 Unexpected fees in your contract's fine print.
🔹 High early cancellation fees.
🔹 Requirements to factor all invoices.

These could be signs you're dealing with a less-than-ideal financial partner.

Don't let predatory practices undermine your financial freedom.

Catch Bharath Krishnamoorthy’s talk with Joe Lynch on the Logistics of Logistics podcast, where they dissect the differences between financial partners and predators, offering essential tips to ensure you make informed financial decisions.

LINK:

Financial Predator vs Partner with Bharath Krishnamoorthy Bharath Krishnamoorthy and Joe Lynch discuss financial predator vs partner. Bharath (“B”) is CEO and Co-founder of Denim, an all-in-one financial services platform rapidly disrupting the $250 billion freight intermediary market. About Bharath Krishnamoorthy Bharath Krishnamoorthy is CEO and co-f...

Rumor has it Jamie Neely recently scored a hole-in-one, and that lucky club is coming to Phoenix for TIA.

Jamie and Will Yarbrough are gearing up to hit the green at TIA, eager to find a couple of freight brokers in town for the conference who are up for a challenge.

Do you have the skills to take on an aspiring masters player?