One stop-shop for Logistics and Invoice Funding
In the trucking world, there are lots of moving parts (literally and figuratively). Literally in the sense that goods are being shipped across the country and figuratively because shippers and carriers are constantly being matched to determine optimal routes for shipments.
Another important moving part is cash. For many carriers, sometimes it can take a couple of weeks for brokers to pay for their loads. This can cause a buildup in invoices and a gap in cash flow, especially if truckers are hauling every single day.
In partnership with our sister company, Dynamic Logistics, we offer best-in-class services throughout the full transportation lifecycle. Dynamic Logistics’ goal is to maximize the synergy between shippers and carriers through cutting-edge technology and an extensive network. Their software offers 24/7 visibility for inbound and outbound loads and provides automated tracking and tracing. Connecting shippers and carriers and tracing loads has never been easier.
Not only does Dynamic Logistics increase efficiency with technology, but they also offer programs to help with operation costs. As carrier partners, truckers can save money using their fuel card and discount tire program, as well as get paid faster on loads using our Kompass 24 program. Our program allows truckers to haul loads, submit an invoice, and receive funding all in 24 hours.
Setting up a funding account with Kompass is simple. We will need basic business and owner information and examples of customers and accounts receivables in our online application. We will then present a proposal and request additional documentation to conduct a full underwriting. Finally, we will send an official agreement and account setup information.
In partnership with Dynamic Logistics, we hope to support the lifecycle of transportation by providing technology, networks, and funding so carriers and truckers can stay on the go.