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    • Factoring contract management

    Factoring contract management made easy

    The factoring contract management solution covers all tasks involved in the management of factoring contracts in a highly automated and efficient manner, from the payment of the invoice amount to the factoring customer to the collection of the factoring fee and the monitoring of incoming payments from the creditor. Should something not go according to plan, our solution supports you with a fully integrated dunning process.

    Key features of factoring contract management

    Automated invoice payment to participating parties

    • Automated payment management
      The approved invoice amount is paid automatically to the factoring client after the invoice has been purchased. If only a partial amount has been approved, the remaining payment is made when the vendor pays the invoice. The factoring fee is also collected automatically in the form of a direct debit.

    • Fully automated processes for all standardized transactions via business transaction templates
      Fully automated processes initiated via business transactions ensure that all standardized, recurring contract management and accounting transactions (such as underpayments, overpayments) are carried out without manual intervention and can therefore be processed much faster and without errors.

    • Cancellation option for changes or business transactions already carried out
      Every business transaction carried out in the system can be canceled or reversed. Depending on the subsequent processing already carried out, the system automatically decides how the initial situation can be restored.

    • Integrated dunning system with configurable multi-level dunning processes
      Our solution offers you an integrated, standardized dunning system with dunning history and an overview of the current arrears at the various dunning levels.

    • Individual charts of accounts and automated posting
      We offer you individual charts of accounts and functionalities for the automated posting of all contract-related income and expenses, receipts and payments as well as incoming and outgoing payments and guarantee complete contract accounting.

    • Automation of payment transactions
      The solution enables the automated processing of incoming and outgoing payment transactions and receivables management.

     

     

    Modular, independent solutions in the factoring environment Contract management

    Philipp Oberleitner
    Managing Director Sales & Marketing

    Enrico Moritz
    Head of Business Development
    +49 89 78 000-200
    Bernardo Almenar
    Head of Account Management
    + 49 89 78 000-200
    Philipp Oberleitner
    Philipp Oberleitner
    Managing Director Sales & Marketing

    Enrico Moritz
    Enrico Moritz
    Head of Business Development
    +49 89 78 000-200
    Bernardo Almenar
    Bernardo Almenar
    Head of Account Management
    + 49 89 78 000-200
    NAVAX Software GmbH will never sell, market or disclose personal information to third parties.
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