The Forbis Company is about to Release a New Version of FORPOST*Factoring 2.0

30 July 2008

Due to significant growth of factoring market and steady development of factoring services, the specialists of the Forbis Company will soon offer the Russian market a new version of FORPOST*Factoring 2.0.

The Forbis Company strives that a new FORPOST*Factoring 2.0 version would meet requirements of the customers.

With the FORPOST*Factoring 2.0 version there will appear an opportunity to increase the quantity of the processed invoices, to decrease labour expenditures as well as the prime cost of invoice processing, to minimise operational risks and to reduce credit risks.

A new version will enable to service disclosed, open, hidden, import, export factoring, as well as factoring with or without recourse.

FORPOST*Factoring 2.0 will solve the most important tasks, such as: setting of the individual parameters for the debtor (tariffs, financing interest, financing limit, prohibition of financing); registration of the data of the contract between the customer and the debtor; processing of the contract data in the business process; classification of roles of the participants of the business process; import of the invoices’ data; a possibility of performing mass operations (control, accounting of the principle cost, payment of financing, payment of invoices); improvement of the process of phased processing of invoices; a possibility of automatic payment of invoices; creation of user-friendly interfaces for the work with the large volume of information; improvement of the limit system (a possibility to calculate the limits in the real-time mode not depending on the financial state of the customer and factoring contract).

Architectural solution of the FORPOST*Factoring 2.0 version allows to dynamically extend the functionality keeping up with increasing requirements of the banking services market to react to the changes in legislation or business rules in factoring.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development