Reported 25 days ago
Outgo is leveraging AI and automation to revolutionize the factoring process for trucking carriers, which has been plagued by outdated practices that slow payments and inflate costs. By digitizing the invoicing lifecycle, Outgo offers faster funding and lower rates, aiming to enhance the financial operations of small carriers who struggle with tight margins. CEO Marcus Womack emphasizes that the technology not only reduces operational costs but also improves service speed, providing carriers with the support they need without losing the human touch.
Source: YAHOO