Surecomp, a leading provider of receivables management and trade finance solutions for the global financial services community, today announced that East Sussex-based Partnership Finance Ltd., an independent provider of working capital for the small and medium sized business sector, is in production with the ASP version of Surecomp’s highly-acclaimed allFAC® receivables management solution.

allFAC is a powerful solution enabling users to optimize business processing, increase productivity, and satisfy compliance and risk management requirements. allFAC also empowers users to provide superior customer service and drive growth through the use of advanced workflow and business automation tools.

Equipped with extensive electronic data interchange (EDI) capabilities, allFAC offers a wide range of automated business-processing functionality. Operable on any platform, allFAC enables users to fully leverage their existing technology investment.

With no hardware to install, the ASP (hosted) version of allFAC requires nothing more than a web browser and broadband Internet connection at the user site. With nothing to migrate, customer access and custom branding is quick and simple. Moreover, with basic training, the customer is up and running with the system in a matter of days.

“Partnership Finance is dedicated to delivering high-quality, flexible, and personal service founded on a readiness to communicate openly with business owners and managers at all times. To meet these important goals, we have invested heavily in our employees, providing them with the right tools to get the job done quickly and with a minimum of fuss – while always remembering that our top priority is our client," said Jim Beck, Managing Director of Partnership Finance. "allFAC is one of our prime tools in helping us grow our business by enabling us to offer a more personal level of service to our customers.”

“Surecomp is proud to be associated with Partnership Finance and Jim Beck, who is recognized internationally as a leading industry expert," said Surecomp President Eyal Hareuveny. "Jim’s endorsement is further proof that allFAC is indeed the receivables management product of choice for factoring organizations of all sizes that seek a comprehensive solution – whether installed at their own location or offered as a hosted service.”
 
About Partnership Finance
Partnership Finance was formed in 2002 as an independent provider of working capital for the small and medium sized business sector. A wholly owned subsidiary of a Guernsey-based investment organisation, the Company has maintained its independence and used its entrepreneurial spirit to offer a genuine alternative to institutionalised and bank-owned providers. The Company's service is offered to both established and fledgling businesses that expect something better than that generally provided in the market. For more information, visit www.partnershipfinance.co.uk

About allFAC®
allFAC is Surecomp’s market-leading receivables management solution designed to handle a wide range of full and reverse factoring, invoice discounting and invoice level funding. allFAC provides extensive functionality in the areas of domestic and export factoring, invoice discounting, inventory finance, floor planning, scheduled liquidations and other asset-based finance. allFAC includes a wide range of features that support worldwide best practices and the ability to conform to local legislation. With the flexibility to enable these features as required, allFAC is guaranteed to offer a complete solution to all asset-based financiers.

About Surecomp®
Surecomp is the leading provider of global trade solutions for the financial services community. Established in 1987, Surecomp is a market pioneer with a proven track record delivering innovative solutions to major banks and financial services providers worldwide, as underscored by its receiving in 2009 the Financial-i Leaders in Innovation Award for trade finance for the second straight year.

With a global network of regional offices and state-of-the-art development centers, Surecomp successfully supports hundreds of installations in over 60 countries. Surecomp’s integrated portfolio of trade finance, receivables management and treasury confirmation matching solutions streamlines the transaction lifecycle to minimize costs and maximize profits. For additional information, visit www.surecomp.com.