Factoring
firmy Digital Mind
Managing sales information under factoring
Our Factoring solution processes include these functions:
1. Factoring contract creation and management in BC.
2. Creating factoring sales documents. Factoring information in Customer's ledger entries.
3. Customer credit limit control according to factoring contract.
4. Preparation of factoring documents from BC, which can be uploaded to the factoring company.
5. The factoring amount received from the bank is registered with the factoring company's vendor. Factoring information in vendor ledger entries.
6. The ability to manually transfer factoring payments from the factoring company's vendor to the customers who are assigned in the factoring contract.
7. Monitoring and management of Factoring payment with and without regression.
8. Monitoring and analysis of all factoring transactions.
Factoring Extension is supported for Lithuania.
Supported languages:
The app is available in English (United Kingdom), Lithuanian (Lithuania)