Denim

Milestones are meant to be celebrated—big and small—but today’s is HUGE! We’re thrilled to share that Denim has now processed over $2 billion in payments, supporting brokers, shippers, and carriers nationwide. This isn’t just about a number. It’s about helping our customers keep cash flowing, simplify operations, and build stronger relationships across the logistics community. Here’s to a bright future for freight, with our customers at the heart of it all! Learn more about this milestone: https://bit.ly/4fiVd7k

With our latest MyCarrierPortal integration update, managing contractor payment preferences has never been easier! Now, contractors can set their preferred Days-to-Pay and QuickPay terms—like 1 day at 5%, 3 days at 2%, or 30 days at 0%—right in MCP, and those settings will sync seamlessly with Denim. Here’s a quick look at how it works: 1️⃣ Contractors select their payment terms in MCP. 2️⃣ Their preferences sync automatically to Denim. 3️⃣ Each time you assign them a job, their terms apply instantly! Ready to learn more about setup and benefits? https://lnkd.in/eZYhRZPs

The third-annual SmartBroker Awards are now open! We’re celebrating freight brokers who are pushing the industry forward, finding innovative ways to leverage technology, and building relationships that drive growth. Think you or a colleague are SmartBroker material? Nominate by December 31st to be part of this year’s top contenders! https://lnkd.in/eeY5BCx3

Introducing Express Factoring! Don’t let waiting for payments slow you down. With Express Factoring, you’ll get paid in minutes—any time, day or night. No more delays, no more frustration, just faster cash flow exactly when you need it. What You’ll Get: ✔️ Payments within minutes of invoice approval ✔️ 24/7 access with no cut-off deadlines ✔️ Boost margins by offering faster payments to contractors ✔️ Easy-to-use with your current systems Ready to make cash flow faster? Let’s chat! https://lnkd.in/eqTbCNEU

Neglecting responsibilities in freight payments and collections could jeopardize your entire trucking operation. In 2023, the nation’s trucking freight bill totaled $987 billion, according to the ATA. Even with billions of dollars exchanged between brokers, carriers, and shippers, common errors still persist: ⚫ Inaccurate Invoicing: Errors can lead to payment delays and disputes, making it essential to double-check invoices for smooth transactions. ⚫ Cash Flow Management: Brokers must balance quick payments to carriers with delayed receipts from shippers, which can strain cash reserves. ⚫ Collections Process: Collecting payments from shippers requires consistent follow-up while maintaining strong relationships, avoiding a purely transactional approach. Addressing these challenges through clear communication and financial partnerships can significantly enhance your brokerage's efficiency and cash flow! For more insights, read our article on freight billing best practices. https://lnkd.in/gY3EnTNe

Sean Smith shared on Chris Jolly’s podcast how quickpay programs are giving brokers an extra edge, especially with rates on the rise. For brokers managing $500k+ in monthly volume, adding QuickPay can help boost cash flow and carrier relationships. Denim’s QuickPay program, launched just a few months back, has already generated $60k for clients. The key? Offer flexible options—like express, next-day, or weekly pay—and make QuickPay part of every load. Even with 25% adoption, brokers could add an extra $75k annually. Curious to see how? Read our latest article. https://lnkd.in/eZMPVxFU

Happy Halloween from the Denim team! 🎃

Spooked by late payments? The Tardy Troll might be haunting your processes, slowing down approvals and frustrating carriers. But fear not—Denim’s QuickPay banishes delays, getting carriers paid in 1-2 days and even turning timely payments into a revenue stream. Think the Tardy Troll is haunting your back-office? Take the quiz in the comments… if you dare! 🎃👻 Happy Halloween from Denim! Take the quiz: https://bit.ly/4eXQAPi

Introducing Express Factoring! Don’t let waiting for payments slow you down. With Express Factoring, you’ll get paid in minutes—any time, day or night. No more delays, no more frustration, just faster cash flow exactly when you need it. What You’ll Get: ✔️ Payments within minutes of invoice approval ✔️ 24/7 access with no cut-off deadlines ✔️ Boost margins by offering faster payments to contractors ✔️ Easy-to-use with your current systems Ready to make cash flow faster? Let’s chat! https://lnkd.in/eNswhAuh

Ready to grow without increasing overhead? With rising costs and tighter margins, keeping your brokerage profitable can feel tougher than ever. But what if you could add new revenue streams without increasing overhead? Download our guide and learn how brokers can: ✔️ Generate up to $100,000 yearly with QuickPay monetization ✔️ $50,000+ with dedicated lanes ✔️ income through warehousing and customs services Discover 5 strategies to boost profits, reduce risk, and grow your brokerage sustainably—even in today’s economy. Download the guide: https://lnkd.in/eWKuqYe5