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Factoring & Receivables Management Solutions
   
Overview
Trade Finance
Receivables Management
Reconciliation
 

Factoring allFAC

Factoring & Receivables Management System

Benefits

  • Increase client-to-staff ratio through greater automation
  • Achieve industry-leading automated payment allocation rate of over 85%
  • Improve client service while reducing operational overhead/li>
  • Boost funding opportunities by 20% via improved risk management
  • Minimize time and cost of new product implementation

Overview

allFAC is Surecomp’s market-leading receivables management solution designed to handle a wide range of areas including full and reverse factoring, invoice discounting and invoice level funding.

Utilizing cutting-edge technology and incorporating in-depth factoring and receivables management expertise, allFAC is highly flexible, thereby ensuring a cost-effective, easy implementation. A robust, field-proven system, allFAC is operable on virtually any platform, enabling clients to fully leverage their investments in existing technology. Equipped with a brandable Web interface for both internal and external users, the Java J2EE-based system is designed to provide customers with flexible automation of standard business processes through extensive utilization of workflow technologies.

Available either through a fully licensed or ASP model, the user-friendly and highly secure allFAC features full disaster recovery, business continuity and high availability options. Interfacing with two-factor chain FCI (Factors Chain International) and IFG (International Factors Group), allFAC offers complete international functionality as well as multi-currency, multi-lingual support and comprehensive import and export capabilities. Suitable for organizations of any size, the state-of-the-art system improves efficiency, reduces operating costs and generates additional revenues.

Advantages

  • Broad receivables management functionality –

    supports a range of receivables management activity from international factoring and invoice level funding to reverse factoring and invoice discounting bulk
  • Licensed or outsourced model –

    is available either through a fully licensed or ASP model
  • Easy external system integration –

    delivers a comprehensive set of interfaces, including general ledger and client Web access, enabling easy external system integration
  • Workflow-driven actions –

    is designed with a workflow engine at its core that provides full and flexible automation for standard business processes based on individualized business rules
  • Low risk –

    significantly minimizes risk via extensive use of EDI, while interfacing with leading risk management solution
  • Multi-lingual, multi-currency support –

    translates into any language and supports any currency or specific field format
  • Online, Web-based interface –

    enables factor’s clients to manage their accounts in real time
ABFA
   
 
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