What makes it unique

Comarch Factoring software has been created based on business knowledge gained thanks to Comarch’s long co-operation with many financial institutions on international markets. Many factoring professionals shared their ideas and experiences which resulted in the current system’s shape. It is worth noting that Comarch Factoring is being intensively developed and fitted into new market needs. With every year the system’s scope is enlarged.

Comarch Factoring software can be used as a completely standalone application, integrated with your existing systems using web services or other integration methods.  Alternatively, it can be part of a broader Comarch solution providing more facilities within the Trade Finance area.

Fundamental advantages:

• Full automation of factoring business processes on demand (through appropriate contract customization Comarch Factoring software provides you with the ability to fund invoices or settle them without the need to engage your employees). The automation covers most areas in the system.
• Ability to provide funding even within one hour from the time the invoice has been submitted by clients into their web portal.
• Web portal for customers as well as debtors available 24/7.
• Many different factoring products available (recourse, non-recourse, full-service, domestic, international (import, export), maturity, reverse, in-house, receivables management without financing).
• The system offers a way to dramatically reduce the need for finance teams to work with hard-copy originals – the paperless office may not seem such a remote prospect.
• A highly efficient input facility for automatically entering purchase invoices into the system.
• Expanded, parameterized accounting module - subsidiary ledger.
• Support for electronic invoices submitted by XML, EDI interfaces.
• Compensations.
• Expanded reporting and notification module.

 

If you are interested in receiving more detailed information about Comarch Factoring system, please fill out the contact form with your request