Factoring software | SOFT4FactoringFactoring software | SOFT4FactoringFactoring software | SOFT4FactoringFactoring software | SOFT4Factoring
  • Factoring Types
    • Recourse factoring
    • Non-recourse factoring
    • Reverse factoring
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  • Features | SOFT4Factoring

What can you do with SOFT4Factoring

Manage financial transactions and types of debtor finance, quickly and easily

General ledger integration | Icon | SOFT4Factoring

General ledger integration

The Solution has full integration with a Factor financial accounting system and General Ledger module.

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Automated document management | Icon | SOFT4Factoring

Automated document management

Create, store and distribute documents throughout the factoring process. Produce factoring documents automatically, configure document templates and map to data in the System.

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Debt management | Icon | SOFT4Factoring

Debt management

Monitor delinquent accounts, take actions, and log them in the system (e.g. call the customer, log promise to pay, follow-up call if a promise is broken).

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Multicurrency support | Icon | SOFT4Factoring

Multicurrency support

Finance your client invoices in various currencies. Calculate the exchange rate associated with the date on the transaction for each conversion of a currency amount to a local amount.

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Master Factoring agreements | Icon | SOFT4Factoring

Master Factoring agreements

Manage Factoring Agreements throughout the whole lifecycle: attach factoring product, create, and approve factoring credit limits and agreements; upload legal documents to a factoring agreement.

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Automated calculation | Icon | SOFT4Factoring

Automated calculation

Calculate interest on the debt balance and recalculate interest in case of partial early repayment of debt. Benefit from automation function for calculating overdue penalties, as well as allocated, outstanding, and released reserve amounts.

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Data tracking and reporting | Icon | SOFT4Factoring

Data tracking and reporting

Easily drill down to G/L transactions for every calculated and posted figure in the system. The built-in platform features enable to export every single internal report and many views to Excel.

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Open invoice management | Icon | SOFT4Factoring

Open invoice management

Overview all open invoices in a single page. Invoices are run through a validation process to ensure they meet all acceptance and contract criteria for the client.

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No stress and inspiring results. Start achieving results today!

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We earned our clients trust

After implementing SOFT4Factoring & SOFT4Leasing, Tirana Factoring and Lease (TFL)

Clock | Icon | SOFT4Factoring

Saves 4 hours per day

with interest calculation and automated billing

Improved their operations monitoring process | Icon | SOFT4Factoring

Improved

their operations‘ monitoring process

Interest calculations | Icon | SOFT4Factoring

Interest calculations

are done with just one click

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Manage both factoring&leasing in one software

and do not experience any more data loss or inconsistencies

Read the case study

The new software has facilitated many usable works processes we do every day! The team was excited to have Microsoft technology-based solution which had both leasing and factoring in one platform.

Endrit Beqaj
Executive Director at Tirana Factoring and Lease, Albania
Endrit Beqaj | Executive Director at Tirana Factoring and Lease | SOFT4Factoring

Talk to our expert about choosing factoring software

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Factoring software | SOFT4Factoring
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