Freight factors lose hours daily matching blind bank wires to open AR, and lose money when they can't.
Moraine Factor ingests your bank feed and remittance documents, reconciles them against your open AR ledger, and surfaces every exception. Short-pays, mixed wires, unapplied cash, before it becomes a field-exam problem. No changes to your existing FMS. No IT involvement required.
Built for mid-market freight factoring firms running $10M–$200M in annual volume on FactorSoft or similar systems.
We're currently working with our first design partners. Factors willing to let us learn their cash-application workflow in exchange for a free recovery analysis on closed historical data. You keep the findings regardless of whether you ever buy anything. If that sounds interesting, reach out.