Factor Credit Management is the only solution available for Dynamics 365 for Finance and Operations, which facilitates automatic processing of AR Factor transactions to evaluate customer credit and secure AR payments.
Factoring or more precisely AR/Invoice Factoring is a common industry practice whereby sellers utilize services of a Factor (Bank) to manage the customer credit and receivable and process payments to sellers on behalf of customer. Following are some of the prominent objectives and benefits of utilizing the factor:
To utilize AR/Invoice factoring, the sellers should be able to send factor credit request, process factor credit approval and apply factor payments to AR.
Visionet solution extends Dynamics 365 for Finance and Operations accounts receivable and credit and collection modules to provide the required capability and functionality for AR/Invoice factoring. Following are key features of the solution:
Following are major advantages of Visionet solution:
Visionet solution is compatible with latest Microsoft Dynamics 365 for Finance and Operations Ever Green release. It is easy to deploy and can be implemented rapidly for quick turn-around on an existing or new deployment.
Visionet is a one-stop shop with 20+ years of supply chain, retail and distribution industry experience. Our technology-driven innovative solutions empower operations optimization and efficiency.