Achieve AR Factor

 More and more businesses that are utilizing AR Factoring Services to improve their Cash Flow are becoming burdened with increased administrative tasks and costs.  From segregating ‘factored’ invoices from the ‘non-factored’ invoices, sending invoice details to the factor service for approval and then the application and reconciliation of payments -It is one labor intensive process.

With Achieve AR Factor, those organizations that are utilizing SAP Business One, can now automate this entire process, benefiting from the improved Cash Flow as well as reduced operational costs
Key Features:

• Processing of Factored & Non Factored AR Invoices
• Credit Limit Update from Factoring Service
• Electronic Transfer of Factored
• Invoice to Factoring Services
• Sales Order Approval/Rejection Processing
• Incoming Payment Retrieval and
• Application to Invoices
• Credit Line Updates from Factoring Services

 
Feature Sheet