Factoring / Forfeiting
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A flexible customer-centric factoring product for dealer and distributor financing
Key
Product Feature
360-degree view of customer such as
fund receivables, payable, Cheques on
Hand, account statements and limit details
Comprehensive product features such
as support for min / max tenor, multiple
interest schemes, flexi repayment options
, interest pricing against benchmark rate
and flexi Interest recovery options
Customer specific flexible invoice file
format definitions and bulk electronic
invoice file upload processing
In-built risk control through duplicate
checks against upload history and status
Real time Interest pricing at time of
invoice acceptance
Online limit validations such as Direct
limit, Sub limit, Dealer-Distributor indirect
limit and Distributor indirect limit
Single or multiple disbursement against
funded amount
Flexi repayment options such as bullet,
staggered , selection of invoices based
on FIFO / LIFO / manual and bulk repayment
of invoices based on factor request
Support for reverting the repayment
status of invoices and back valued interest
computation in the event of a cheque bounce
• Bulk Processing/Bulk Repayment • Direct/Indirect
Limits management • Amortisation Engine •
Real Time GL and Accounting • Dash Board with
dynamic data refresh and drill down • Total
Cost of Ownership
" Rich experience in BFSI segment with
sophisticated financial services profile,
clearly demonstrated a deep understanding
of our company’s overall requirements and
delivered a high performance solution "
(G09.06)
Robust design
ensuring scalability and extendibility.
High end process management and reporting
for complete control and visibility.
On-the-fly
configurability for greater customer
satisfaction
