SOFT4Factoring

This solution reduces manual work through automated calculation, disbursement, accrual and invoicing of interest and commission. It allows easy tracking and reporting, making factoring business management more transparent and efficient.

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Improve integrity and efficiency across your factoring business

With all-in-one factoring software

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.

Implementation

SOFT4Factoring is provided with the latest Microsoft Dynamics 365 Business Central version within 3-6 months after a new version has been released (BC14CU2 2019 spring release is current),downgrade to NAV 2018 is possible. Once BC15 is released (2020 IH), downgrades are not possible.

Benefits

Minimised manual work: Automated calculation, accrual, and invoicing ofinterest 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.
SOFT4Factoring is built on the world-class ERP system Microsoft Dynamics 365 Business Central, which assures flexibility, continuous development, configurations, integrations, security, and integrated financial accounting software. Maximum return on investments for Microsoft Dynamics customers.

Do you have any questions? Each company has different processes and needs, so let's talk about yours.

Soft4Factoring

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Switch from Excel or outgrown factoring software to a sophisticated all-in-one financial accounting and factoring software SOFT4Factoring within a few weeks.

300+ customers worldwide

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