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.
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.
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.