SOFT4 Factoring
SOFT4Factoring is a software solution for accounts receivable fund ing:Factoring management. This solution reduces manual work through automated calculation, disbursement, accrual and invoicing of interestand commission. It allows easy tracking and reporting, making factoringbusiness management more transparent and efficient.
Key Facts
SOFT4 Factoring solution includes:
Switch from Excel or outgrown factoring software to a sophisticated all-in-one financial accounting and factoring software SOFT4Factoring within a few weeks.
Assure high customer satisfaction due to fastservice, managing accounts payable, and accounts receivable in onesystem that includes transparent operations and automated routines inthe invoicing process, pay-outs to the customers, collection management, and document management.
Implementation
Versions: SOFT4Factoring is provided with the latest Microsoft Dynamics 365 Business Central version within 3-6 months after a newversion has been released (BC14CU2 2019 spring release is current), downgrade to NAV2018 is possible. Once BC15 is released (2020 IH),downgrades are not possible.
Hosting: Both on customer’s premises and in the cloud (MicrosoftAzure).
Integrations: Can be integrated with other systems for accounting,document management, reporting etc.
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 scanneddocuments are in one place.
– Additional enhancements: Using document management and CRM withcontact-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.