FactorAvenue Introduced New Dedicated Freight Broker Factoring Module
FactorAvenue has introduced a freight broker factoring module that streamlines the entire broker funding process within a single platform. The solution manages shipper receivables, carrier payments, quick pay commissions, compliance monitoring, and settlement tracking, providing factors with end-to-end visibility into each transaction and its profitability.
The module is fully integrated with FactorAvenue's core platform, combining AI-powered invoice verification, risk scoring, collections, and reporting to help factors manage freight broker transactions more efficiently.