“Small to midsized carriers often work with tight margins; factoring will help them to maintain a consistent cash flow with quicker payments allowing the carriers to haul more loads,” said Ryan Camacho, Director of Strategy and Business Development at Axele. “This partnership means our customers will be able to grow their businesses faster.”
Axele’s new integration with Apex Capital means that carriers using Axele can connect directly to their Apex Capital accounts without leaving the TMS. This connection allows carriers to sync Axele/Apex customers with one click, shoot invoice details and supporting documents to the Apex billing portal in seconds, create Apex invoices populated with all the relevant information automatically, and display invoice status as you go.
Axele will display an invoice status, sent date, and time to inform the user that the invoice was created successfully. Once the invoice is sent, users can log into their Apex billing portal to submit the created invoices.
“We’re excited to partner with Axele to help our mutual clients run their businesses smarter and more efficiently,” said Josh Lambert, Director of Product Delivery at Apex Capital. “This integration is slick, and passing factoring information so effortlessly between the TMS and Apex benefits everyone involved.”
Axele offers transportation management system (TMS) cloud software for truckload carriers leveraging decades of experience and insights into optimization and automation technology. Launched by Optym in 2020, Axele is the industry’s first intelligent, connected solution, built specifically for small to mid-sized truckload carriers. Axele serves for-hire truckload operators and private fleets who haul general freight, dry van, flatbed, and refrigerated loads. The Axele TMS integrates with load boards, ELDs, market rates, maps, and accounting systems, to enable an owner-operator or carrier to find better loads, increase profits, and grow their business.
About Apex Capital
Founded in 1995, Apex Capital is a full-service freight factor that specializes in small to medium-sized trucking companies. Apex is the leading freight factoring company for the trucking industry. Apex buys freight bills and provides industry recognized customer service, credit checks, the blynk digital payment platform, a Mobile Factoring app, a free load board, NextLOAD.com, and many other benefits to its clients.
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