FOR IMMEDIATE RELEASE
FactorCloud Participating in the 2021 Factoring Conference
Atlanta, GA (May 5, 2021) – FactorCloud, a factoring software platform, announced today that it will be attending and exhibiting at the 2021 Factoring Conference. FactorCloud will be jointly appearing with its sister company TruckerCloud, a freight visibility platform.“
FactorCloud allows factoring companies to grow revenue while reducing risk,” reported Nick Fraunfelder, CEO. “We used to be a factoring company, and when we couldn’t find factoring software we liked, we built it ourselves. Now we’re offering the FactorCloud ecosystem to the marketplace so other factors can increase efficiency and fund with confidence.”
“TruckerCloud’s freight location data has been fully integrated into FactorCloud,” added Sam Powers, CEO. “This means that transportation factors can quickly and easily verify their loads prior to funding invoices. They don’t need to make manual verification calls anymore, and the data is accurate since it’s based on each truck’s ELD (electronic logging device).”
The 2021 Factoring Conference takes place May 11-15 at the Arizona Biltmore, a Waldorf Astoria Resort in Phoenix. The conference is hybrid, with in-person attendees as well as virtual. For more information, visit www.factoringconference.com. The conference is put on by the IFA (International Factoring Association), which can be found at www.factoring.org.
FactorCloud is a complete invoice factoring platform allowing growing factors to increase efficiencies, scale operations, and lower risk. Highly configurable and permissions-based, FactorCloud allows factors to meet the changing needs of the market while improving portfolio performance. More information about the Atlanta, GA-based company can be found at www.factorcloud.com.
TruckerCloud is a freight visibility platform for factors, shippers, brokers, and carriers. Transportation factors can view truck location data to verify loads prior to funding transportation clients. The ELD-based data is accurate, and allows factors to eliminate manual verification calls, confirm carrier of record, and verify clients’ fleet sizes. More information about the Atlanta, GA-based company can be found at www.truckercloud.com.