Bayside Business Solutions is an innovative provider of complete portfolio management systems for factors and asset based lenders. A nimble company whose flagship product, FactorSoft, has become the leading factoring software platform in the U.S. accounts receivable market, Bayside prides itself on world-class support and customer service.
At Bayside Business Solutions...
Our Mission:
To provide innovative, nimble solutions that bring value and efficiency to our clients.
Our Values:
Doing what we say in an honest and timely manner in a creative, collaborative environment that respects the person and fulfills individual potential.
Our Vision:
To be our markets' dominant solution provider known for innovation, service, and value.
Bayside's Clients
Bayside has implemented well over 150 installations. Today it has clients located in seven countries. Clients range in size from a single user on FactorSoft Live to 95 users on FactorSoft. Clients using FactorSoft and Cadence systems include banks, bank-owned subsidiaries, publicly traded companies, and private finance companies.
Bayside's People and Approach
Today Bayside employs 26 energetic professionals dedicated totally to the factoring and asset based lending market, making it the largest team solely dedicated to this market in North America. All development is done in the United States with Bayside employees.
Bayside prides itself in employee development and was selected the fourth best place to work in 2007 and fifth best place in 2008 by the Birmingham Business Journal.
As our client base and new customers define new, unmet business requirements, Bayside stays focused on bringing technology to bear on those requirements. Strategically Bayside is committed to logical and systematic growth. As it expands beyond the realm of factoring, it does so not by exploring totally new horizons but by being keenly attuned to the needs of its clients and their market space and jealously guarding its reputation as a provider of world class software products and customer service.
Bayside's Ownership
Bayside remains a closely held, private company. While it does not publish financial statements, it is worth noting that it has a substantial line of credit which has not been exercised. Bayside remains completely debt free and continues to experience year-on-year sustainable growth.