A unified multibank factoring platform for supply chain financing based on legally valid EDI

FactorPlat enables delivery chain transparency, making the transactions between entities safe and secure. Thus, you as an agent can eliminate commercial risks, which otherwise are inevitable in case the EDI is not involved.

• No commissions paid to debtors
• Easily land your clients to factoring services
• Automatically gather info on your vendors
• Safeguard against fake docs and fraud

• Enable three-party checks between you as an agent, your agent, and your customer/debtor
• Reduce costs on document processing drastically
• Get an additional way to defend against lawsuits and legal actions

FactorPlat enables extending deadline on inventory loans and payment period, while also simplifying the document flow by making it electronic.

• Make quick decisions
• Reduce your 'paper flow' and labor effort
• Work with vendors, agents, and EDI providers through a single pane of glass
• Automatically control your financial transactions

• Manage your deliveries, monitor the clearing process, and leverage payment reports
• Supports such EDI formats as ORDER, ORDSP, DESADV, RECADV, etc, as well as legally valid EDI

FactorPlat allows vendors to get offers from multiple banks and factoring companies and pick only those ones with most suitable conditions. With FactorPlat, you can top up your working capital faster, while also speeding up your turnover.

• Customized financing conditions depending on your business needs
• Get cash quickly
• Real time control over your factoring deals

• Get your financing based on e-docs on the day of shipment
• Reduce costs by leveraging EDI