Denim Market Research Report



Company Overview



Name and Mission


  • Name: Denim

  • Mission: To help brokers simplify their back-office operations and provide them with more time to focus on growing their business.


Founding Information


  • Founded: No information is available

  • Founders: No information is available


Key People


  • CEO: Bharath Krishnamoorthy

  • President & CTO: Shawn Vo

  • VP of Product: Sean Smith

  • CRO: Will Yarbrough

  • VP of Operations: Chad Capooth

  • Head of People: Alicia Kortmeyer


Headquarters


  • Headquartered: No information is available


Number of Employees


  • Number of Employees: No information is available


Revenue


  • Revenue: No information is available


Company Expertise


  • Known For: Specialized in freight broker operations, Denim provides a financial services platform to automate invoicing, collections, and payments for freight brokers. The company delivers integrated solutions to enhance growth through back-office automation and financial tools.


Products



Product Offerings


  • Factoring: Provides immediate cash advance against invoices.

  • Key Features:

  • Instant access to working capital.

  • Automated financing operations.

  • Transparent terms without hidden fees.

  • Payments: Simplifies the payment process for freight brokers.

  • Key Features:

  • Faster payment cycles.

  • Integration with TMS for seamless operations.

  • Free and convenient QuickPay options for carriers.

  • Collections: Efficient management of invoice collections.

  • Key Features:

  • Eliminates need for collection calls.

  • Automated processes reducing manual tasks.

  • Integrated credit checking.


Recent Developments



Company Developments


  • Integration with MyCarrierPortal: A new partnership to save brokers hours in manual carrier data entry by streamlining onboarding processes.

  • 2023 SmartBroker of the Year Award Winner: Recognized Natalie Schick of Alliance Logistix for outstanding brokerage operations and industry leadership.


New Products and Features


  • New Features:

  • Enhanced API Integrations for better data management.

  • Advanced invoice audit and documentation services.

  • Partnerships:

  • Partnered with key industry players like MyCarrierPortal to provide seamless technology integration and improved fraud protection.


Customer Success Stories


  • FreightZap:

  • Enhanced efficiency and gained financial flexibility using Denim’s factoring solutions.

  • Result: Accelerated business growth and competitive edge in the market.

  • Direct Expedite:

  • Reduced invoicing process time from 2.5 hours to just 12 minutes.

  • Yeti Logistics:

  • Achieved an 18% reduction in factoring expenses, saving nearly $20,000 annually.

  • Alliance Logistix:

  • Enhanced operations and increased business volume by 35%.

  • Peregrine:

  • Boosted operational efficiency and reduced invoice processing time to under a minute.


Denim continues to stand out with its commitment to technological improvements, customer service, and strategic partnerships, positioning itself as a transformative force in the freight intermediary market.