Digitalize Accounts Payable Management on FactroPlat
Increase procurement by giving suppliers easy access to factoring finance. Pay only for confirmed deliveries.
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$ 4.1 billion
2,78 million
40+
About Solution
The FactorPlat platform is one of the largest services in Europe for three-way electronic factoring. We help debtor companies get away from the system of deferred payments with the help of factoring companies and banks.
Manage accounts payable, earn on the verification of supplies and help develop your suppliers.
All transactions on FactorPlat are based on electronic documents.
How It Works
The debtor uploads a confirmed delivery register on FactorPlat. Suppliers send factor funding requests
The platform generates a notice of assignment of monetary claims and sends it to be signed by all parties
Factor transfers money to suppliers
The debtor uploads the payment register and pays for delivery on time
Work with factors, suppliers, e‑docs providers in a single-window mode
Convenient three-way interaction with all parties to transactions online
Transfer of suppliers without EDI or electronic document management to factoring
One cloud platform replaces several individual solutions
Adjust delay settings and payout amount
Establishment of individual conditions with suppliers, control over netting and rebate
Invoice Discounting Tools, opportunity investment of free account balances in your chain supplies
Signing smart contracts with factors to increase due date
Protect your business from fraud risks with documents
Automatic verification of documents submitted by suppliers for factoring
No commercial disputes due to validation electronic signature and verification of documents by the parties using automatic algorithms
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