Using the latest innovations in open banking, our invoice discounting and factoring solution takes control of the entire cash collections process giving banks and lenders control over borrower’s bank account; transferring collected funds from that account, full clearance management and automatic allocation, reconciliation and accounting for cash. This results in the highest levels of automation
Using the latest innovations in open banking, our invoice discounting and factoring solution takes control of the entire cash collections process giving banks and lenders control over borrower’s bank account; transferring collected funds from that account, full clearance management and automatic allocation, reconciliation and accounting for cash. This results in the highest levels of automation allowing even micropayments to be processed cost-effectively.