Why MyFactor TMS

MyFactor TMS

From dispatch to deposit without the paperwork

Most carriers juggle spreadsheets, text messages, paper PODs and a separate factoring portal just to get one load paid. MyFactor TMS brings it together: create loads, assign drivers, store rate confirmations and PODs, and send a delivered load to MyFactor for funding with one click.

Built by a factoring team that works with truckers every day, MyFactor TMS is designed around how small fleets and owner-operators actually run their business, so you spend less time in the office and more time on the road.

The MyFactor TMS dashboard on a laptop and a phone, showing a load count, financial and operational metrics, a live map and a dispatch board.
  • 1 loginLoads, documents, and invoices in one place
  • 1 clickSend delivered loads for funding

Free for your first year

Your first year of MyFactor TMS is on us.

Carriers who factor with MyFactor get MyFactor TMS free for the first 12 months. No setup fee and no per-truck charge in year one.

Everything a small fleet runs on

  • Dispatch and loads

    Create loads, assign drivers and trucks, and see every load’s status on one board.

  • Driver settlements

    Calculate driver pay by load, mile or percentage and produce settlement statements without a spreadsheet.

  • IFTA reporting

    Miles by state are tracked as you run, so the quarterly IFTA report is ready when you need it.

  • Invoicing

    Turn a delivered load into an invoice with the rate con and POD already attached.

  • One-click factoring

    Send the invoice to MyFactor for funding from the same screen.

  • Load boards and ELDs

    Integrates with major load boards and ELDs, so loads and miles come in without retyping.

From dispatch to deposit

  1. Load booked
  2. Driver dispatched
  3. Delivered + POD
  4. Invoice created
  5. Sent to MyFactor
  6. Funded in seconds once approved

Every step on one system, one login, one record of the load.

Who it’s for

  • Owner-operators who do their own dispatch
  • Small and mid-size fleets outgrowing spreadsheets
  • New MC authorities setting up their back office for the first time

FAQ

Questions we get asked

What does it cost?

Free for the first year for carriers factoring with MyFactor.

Is it the same login as the app and Portal?

Yes.

More questions and answers

Ask what your rate would be

Tell us your lanes and who you haul for, and you will get your rate before you sign anything.