Case Study: Foley Carrier Services boosts efficiency and risk management with ProfitStars FactorSoft

Enabling Growth Through Automation

Foley Carrier Services, a provider of transportation factoring services, was hindered by a labor-intensive software platform that lacked adequate tracking and risk management capabilities, preventing growth. To overcome this, they turned to vendor ProfitStars and its FactorSoft portfolio management system, seeking to automate processes and reduce manual workloads.

ProfitStars implemented the comprehensive FactorSoft solution along with several complementary modules tailored for the transportation industry. This automation allowed Foley Carrier Services to drastically reduce administrative tasks, cut their data entry team from seven to three employees despite adding more customers, and process payments in minutes instead of hours. The vendor's solution enabled significant growth by improving efficiency, enhancing risk management, and moving the company toward a nearly paperless operation.

Foley Carrier Services

Nicole LaFollette

Manager