Improve efficiency across your factoring business
SOFT4Factoring includes:
- Automated calculation of commissions, deferred commissions, interest, increased interest, and penalty interest
- Integrated general ledger; possibility to integrate with any other external accounting or other system used
- Data tracking and reporting
- New and open invoice management
- Automated document management
- Collection management
- Foreign factoring: Supports domestic and foreign currencies
- Master factoring agreements to speed up creation of new agreements
Benefits:
- Minimised manual work: Automated calculation, accrual, and invoicing of interest and commission, funds disbursement to customers
- Easy tracking and reporting: All customer-related data and scanned documents are in one place
- Additional enhancements: Using document management and CRM with contact-address details
- Reduced risk of data loss and human errors thanks to system alerts
- Improved customer satisfaction through quick data management and customer service: Customer receives money quickly and easily
- Easily customizable to meet specific customer business needs