SOFT4Factoring helps you actively manage and enforce credit rating policies throughout your factoring workflow.

1. Why Credit Ratings Matter

• High credit rating = More reliable debtor/vendor, lower risk, better terms

• Low credit rating = Higher chance of delay or default, reduced funding potential

By assessing creditworthiness up front, SOFT4Factoring lets you make smarter funding decisions and maintain a healthier portfolio.

2. Set Credit Rating Rules at the Product Level

• Open a Factoring Product Card in the system.

• Scroll to the Credit Rating section to configure your rules.

You can define what happens when the minimum required credit rating is not met. Choose from four options:

• None – Credit ratings are ignored for this product.

• Show Only – Display the credit rating on agreements and invoices, but don’t enforce any rules.

• Message – Display a warning if the credit rating is missing or too low, but still allow the invoice.

• Error – Block the invoice entirely if the credit rating doesn’t meet the set criteria.

  
  

3. Apply Credit Rating Rules to Vendors or Debtors

• You can configure credit rating policies for individual vendors or debtors as well.

• These can be aligned with the rules defined on your factoring product for complete credit control.

  
  

4. Integrate External Credit Services (Optional)

SOFT4Factoring integrates with major credit rating agencies, including:

• Dun & Bradstreet

• Experian

• Equifax

• Creditsafe

• Local/regional agencies

This allows you to automatically import and use verified credit scores in your risk assessments and workflow rules.

5. Tailor Credit Control to Your Risk Tolerance

SOFT4Factoring gives you the flexibility to:

• Automatically flag or block risky invoices

• Use soft warnings or enforce hard stops

• Align product rules with organizational risk policies

  Whether you're risk-averse or more flexible, the system lets you shape your factoring operations accordingly.

  
  

With credit rating controls in SOFT4Factoring, you’re not just monitoring risk—you’re actively managing it.
This protects your cash flow, reduces exposure, and supports better decision-making across your factoring lifecycle.