MyFactor technology
MyFactor Portal
Invoices, documents, credit checks and reports
In the Portal you check the status of every invoice in real time and run credit checks on brokers before you accept new work, and approved funds can go straight to your MyFactor Wallet.
Your whole account on one screen
The MyFactor Portal is where you run your factoring account from a computer. Submit invoices, see where every payment stands, check a broker’s credit and pull the reports your accountant asks for. It is the same account and the same login as the MyFactor App and MyFactor TMS.
Day to day in the Portal
- Upload invoices, rate confirmations and PODs in bulk
- Track every invoice from submitted to verified to funded
- Run credit checks on brokers and shippers before you accept a load
- Send approved funds to your bank or your MyFactor Wallet
- Message your account team about a specific invoice
Reports you can pull any time
Invoice status and funding history
Every invoice you have submitted, its status, and when and how much was funded.
Reserve / balance report
What is held in reserve and what has been released to you.
A/R aging by broker or customer
Who owes you, how much, and how long it has been outstanding.
Payment and remittance history
Every payment received from your brokers or customers and how it was applied.
Computer or phone, same account
Everything in the Portal is also in the MyFactor App. Use whichever is in front of you.