Aljex, BAM Worldwide partner

Dec. 8, 2016
Aljex Software has announced partnership with BAM Worldwide to provide an integrated cash management solution to brokers, carriers and 3pl’s.

Aljex Software has announced partnership with BAM Worldwide to provide an integrated cash management solution to brokers, carriers and 3pl’s. 

Aljex provides web-based transportation management software to the transportation industry. BAM provides cash management solutions to the transportation industry.  Together, they said they have integrated to provide both solutions within a single, seamless interface.   

With the integration, shipment information is automatically sent from Aljex to BAM, who then handles all invoicing, Accounts Receivable (A/R), and Accounts Payable (A/P). 

“Integration makes our customers more efficient from a cash flow perspective, so that they can grow faster and with less risk,” said Todd Ehrlich, CEO of BAM Worldwide.  "We can process carrier payments as fast as our clients can enter them in Aljex.  This removes several steps from the traditional A/R and A/P processes and makes everyone more efficient.” 

The Aljex and BAM integration also provides the opportunity for a broker to finance individual shipments through BAM, instead of choosing to outsource the entire process.  After a shipment is complete, a broker has the option to click a button in Aljex, which automatically signals BAM to handle payment. 

Financing also allows brokers to offer carriers same-day payment. “With BAM, a broker can outsource their A/R and A/P for very low cost,” said Aljex CEO, Tom Heine, who was formerly a freight broker.  “In addition, for some brokers, cash-flow is a big issue, and this integration solves it.  BAM can improve your days-to-pay, improve your credit rating, and alleviate cash management headaches.”

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...