Microsoft Dynamics 365 Business Central solution to improve efficiency of your factoring business.

A perfect fit for small and medium business to centralize all the factoring data, mitigate risks and accelerate business growth.

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Why not start working more easily? Explore the value SOFT4Factoring is ready to create for your business.

Mitigate risks and prevent financial losses.

Streamline the invoicing process and ensure that all your invoices are generated accurately—no more delays in payments and costly errors.

A unified solution will cover the whole factoring process.

Manage everything from application to funding. Automate daily tasks to save time and personnel resources when handling even the most significant volume of data.

Ensure sensitive data security and stay fully compliant.

Trust Microsoft to prevent possible data breaches and comply with data pricacy regulations.

Tailored for these types of debtor finance

Recourse factoring

Non-recourse factoring

Reverse factoring

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Explore the functionalities of SOFT4Factoring

Automation of Key Processes

Automated processes for invoice verification, data entry, and payment processing. SOFT4Factoring software saves time, reduces manual errors, and accelerates the entire factoring workflow, enhancing operational efficiency.

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Efficient Portfolio Management

SOFT4Factoring invoice finance software enables real-time monitoring of the portfolio. It provides instant updates on payment statuses, enabling quick actions on late payments or potential defaults. This timely response helps in minimizing losses and optimizing the portfolio's performance.

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Customizable Reporting and Analytics

Comprehensive reporting tools providing insights into cash flow, client performance, and portfolio analysis. Our factor software enables informed decision-making, identifies trends, and helps factors assess portfolio health for risk management.

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SOFT4factoring in action!

Explore our current clients’ success stories implementing our solution.

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Winning customers choose SOFT4Factoring

Flexible pricing for your business needs.

Explore our tailored pricing options to fit businesses of all sizes. Choose the plan that suits your requirements and scale as your business grows.

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Have questions? We have you covered!
Explore Frequently Asked Questions.

Invoice factoring involves a business selling its unpaid invoices to a third-party company (the factor) at a discounted rate. This enables the business to receive immediate cash instead of waiting for customers to pay. After approval, the factor advances a portion of the invoice amount to the business (usually around 70-90%), collects payments from customers, deducts its fees, and releases the remaining balance to the business. Factoring helps improve cash flow by providing quick access to funds, although it comes with fees and a discount on the invoice amount.

Invoice factoring software simplifies and automates managing accounts receivable and invoice financing. It typically functions in the following way:

Invoice Submission and Processing: Businesses upload or input their unpaid invoices into the software. The software verifies and organizes these invoices for further processing.
Evaluation and Approval: The software might assess the invoices and associated customer creditworthiness. It could conduct credit checks or use predefined criteria to determine eligibility for financing against these invoices.
Factor Interaction: The software facilitates communication between the business and the factoring company. It allows for the seamless transfer of invoice details, customer information, and transaction records between parties.
Funding and Cash Advances: The software initiates the funding process upon approval. It may trigger the transfer of a percentage of the invoice value (as agreed upon) to the business, providing immediate working capital.
Monitoring and Reporting: The software tracks payments, outstanding invoices, and other relevant financial data. It generates reports, offering insights into cash flow, outstanding receivables, and the status of financed invoices.
Integration and Compatibility: Many invoice factoring software solutions integrate with accounting systems, ERPs, or CRM platforms. This integration streamlines the invoicing and financing process, reducing manual data entry and improving accuracy.
Security and Compliance: Good factoring software ensures data security, encrypts sensitive information and adheres to industry regulations regarding financial transactions and customer data protection.
User Interface and Support: It provides a user-friendly interface for easy navigation and operation. Additionally, it might offer customer support, training, and resources to assist users with any issues or inquiries.
Automation of Repayment: Once customers pay the invoices, the software updates records and may allocate the received payments to the financed invoices, helping close the funding cycle.

Overall, invoice factoring software streamlines and expedites invoice financing, enhancing efficiency, transparency, and control for businesses seeking to manage their accounts receivable and access immediate working capital.

Yes, SOFT4Factorong can handle:

Standard Factored Invoices:
- These are regular invoices issued by a business for goods sold or services rendered. In standard factoring, these invoices are sold to a factor at a discount to access immediate cash flow.
Spot Factoring Invoices:
- Spot factoring allows businesses to select specific individual invoices or a small batch of invoices to be financed. This flexibility enables businesses to choose which invoices to factor based on their immediate cash flow needs.
Selective Factoring Invoices:
- Similar to spot factoring, selective factoring allows businesses to choose specific invoices for financing while retaining control over the rest of their accounts receivable. This approach provides flexibility in managing cash flow.
Recourse Invoices:
- Recourse invoices are part of factoring agreements where the business retains the responsibility for unpaid invoices if the customer fails to pay within the specified time frame. In recourse factoring, the business may need to buy back or replace the unpaid invoices.
Non-Recourse Invoices:
- Non-recourse invoices are part of factoring arrangements where the factor assumes the risk for unpaid invoices due to specific reasons outlined in the agreement, such as customer insolvency or bankruptcy. The business is not liable for these unpaid invoices under certain conditions.
Bulk or Whole Turnover Invoices:
- Whole turnover factoring involves financing all or the majority of a business’s invoices, providing ongoing working capital against the entire accounts receivable ledger.
Maturity Invoices:
- Maturity factoring involves financing against invoices due at a future date. It allows businesses to access funds before the payment due date, improving cash flow.

Yes. SOFT4Factoring is built on the Microsoft Dynamics 365 Business Central platform, which allows handling multiple currencies out of the box. With this functionality, you can quickly process transactions for customers, vendors, and bank accounts using currencies other than your local currency. Multi-currency processing includes adding additional currencies, managing exchange rates, assigning currencies to customers and vendors, and tracking foreign and regional amounts. SOFT4 adjusted this functionality to meet debtor finance business-specific requirements.

Yes, through open APIs we can integrate SOFT4Factoring to any external software systems, such as accounting (QuickBooks, Xero, 1Tech, SAP, Oracle, NetSuite and others), CRM (Hubsport, Microsoft Dynamics, Salesforce and others), banking, e-signature, document management platforms etc. You can download the information needed in .xls or .csv files and import those into your systems, too.

You can have as many users as you want, as well as an unlimited number of companies, clients, suppliers, contracts, and invoices.

Yes. Even if we encourage our customers to start using the standard SOFT4Factoring functionality to receive the benefits of new software faster, we understand that each business is unique. To satisfy those particular needs or build a competitive advantage, SOFT4 developers can develop custom-specific extensions to the standard SOFT4Factoring software. It costs a bit more to support and upgrade those custom extensions to the new versions, but customers find it beneficial and valuable.

Yes. SOFT4Factoring is built on a robust Microsoft Dynamics 365 Business Central platform, supporting hundreds of thousands of daily operations. We target small and medium-sized businesses and look forward to launching the system as quickly as within two weeks for you. However, we’ve also had large projects that can take a few months to complete, with hundreds of clients, contracts, and thousands of invoices – SOFT4Factoring works just fine. So, once you start using SOFT4Factoring, you can relax – your business is in good hands regarding software for the years to come.

Improve efficiency across your factoring business!

With SOFT4Factoring, you have all your business data in one easy-to-use software built on the Microsoft Dynamics 365 Business Central platform: Debtors, Vendors, Agreements, Invoices, and Reports. Our invoice finance software helps you mitigate risks and adapt to the evolving market, ensuring sustained growth and success within the factoring industry! Best suited for small and medium-sized businesses!

Managing cash flow efficiently is paramount to sustaining operations and driving growth in today’s fast-paced business world. For many businesses, especially those in industries like trucking or manufacturing, where payment terms can be extended, factoring software has emerged as a critical tool in optimizing cash flow and streamlining financial processes.

SOFT4Factoring software is designed to simplify the invoice factoring process for the companies, providing factoring services. Invoice factoring is a financial transaction in which a business sells its accounts receivable (invoices) to a third party (known as a factor) at a discount. This allows businesses to access cash quickly rather than waiting for customers to pay their invoices, thereby improving cash flow.

One key benefit of factoring software is its real-time functionality. In today’s digital age, businesses require immediate access to financial data to make informed decisions. Factoring system provides real-time insights into cash flow, allowing businesses to monitor receivables, track payments, and accurately forecast future cash needs.

Another advantage of factoring software is its ability to integrate seamlessly with other systems and applications. Integrations with accounting software, CRM systems, and banking platforms enable automated workflows and eliminate manual data entry, saving time and reducing the risk of errors. This level of integration ensures a smooth and efficient factoring process from start to finish.

Functionality is a crucial consideration when choosing factoring software. The software should offer a comprehensive suite of features tailored to the needs of factoring companies and their clients. This includes features such as borrower management, credit limit monitoring, client portals for easy communication and document sharing, the ability to create document templates easily, and robust reporting capabilities to track performance and profitability.

Pricing is another essential factor to consider when evaluating invoice factoring software options. While cost is important, it’s necessary to look beyond the initial price tag and assess the overall value provided by the software. Factors such as pricing transparency, contract term flexibility, and scalability as your business grows are all vital considerations.

User experience and ease of use are also critical factors in choosing factoring software. A user-friendly interface and intuitive design are essential for ensuring adoption and maximizing productivity. Training and customer support are also vital to help users get up to speed quickly and address any issues that may arise.

SOFT4Factoring software stands out as a cutting-edge solution that ticks all the boxes for businesses looking to optimize their factoring processes and drive profitability. With its cloud-based architecture, SOFT4Factoring offers the flexibility and scalability needed to support businesses of all sizes. Its API allows for seamless integration with existing systems, including accounting software, CRM platforms, and banking applications, ensuring a smooth and efficient workflow.

The factoring platform provided by SOFT4Factoring is designed with the needs of factoring companies and their clients in mind. From borrower management and credit limit monitoring to client portals and real-time notifications, SOFT4Factoring offers a comprehensive suite of features to streamline operations and enhance the user experience. It allows you to manage different factoring products, such as conventional (recourse and non-recourse) and reverse factoring.

Customer support is another area where SOFT4Factoring excels. With dedicated support teams available to assist with implementation, training, and ongoing support, businesses can rest assured that they have the resources they need to succeed.

However, perhaps the most compelling aspect of SOFT4Factoring software is its ability to drive profitability. By optimizing cash flow, streamlining processes, and providing real-time insights into financial performance, SOFT4Factoring empowers businesses to make informed decisions that drive growth and profitability.

Factoring software is crucial in helping businesses manage cash flow effectively and drive profitability. When choosing factoring software, it’s essential to consider factors such as functionality, pricing, integrations, user experience, and customer support. With its cutting-edge technology, seamless integrations, and focus on driving profitability, SOFT4Factoring software emerges as a standout solution for businesses looking to take their factoring operations to the next level.

In addition to the aforementioned factors, it’s essential to consider your business’s specific needs and requirements when choosing factoring software. Every industry and organization are unique, and the software you select should align closely with your business goals and processes.

For businesses in industries like trucking, where cash flow can be particularly volatile due to factors like fluctuating fuel costs and unpredictable payment cycles, factoring software tailored to the transportation industry’s needs can provide significant advantages. Features such as load tracking, fuel advances, and quick funding can help trucking companies maintain steady cash flow and navigate the challenges of the road more effectively.

Furthermore, the ability to dynamically set and adjust credit limits is crucial, especially for businesses dealing with diverse clients. Factoring software that offers flexible credit management capabilities empowers businesses to make data-driven decisions about extending credit to customers, mitigating risk, and maximizing profitability.

Another consideration is the scalability of the factoring software. As your business grows and evolves, you need a software solution that can grow with you. Scalable factoring software allows you to add new clients, expand into new markets, and increase transaction volumes without sacrificing performance or reliability.

Moreover, testimonials and reviews from other users can provide valuable insights into the effectiveness and reliability of a factoring software solution. Hearing from businesses similar to yours about their experiences with the software can help you make a more informed decision and avoid potential pitfalls.

In conclusion, when choosing a factoring solution for your business, it’s essential to consider factors such as industry-specific features, credit management capabilities, scalability, and user feedback. By selecting a solution that aligns closely with your business needs and goals, you can unlock the full potential of factoring to optimize cash flow, drive profitability, and fuel growth. With its comprehensive features, scalability, and focus on customer satisfaction, SOFT4Factoring software emerges as a leading choice for businesses seeking to leverage factoring as a strategic financial tool. Read the FAQ section to learn more about factoring business and SOFT4Factoring invoice factoring software.

Microsoft Dynamics 365 Business Central solution to improve efficiency of your factoring business.

Why not start working more easily? Explore the value SOFT4Factoring is ready to create for your business.