CADENCE | Factoring
CADENCE | Factoring (formerly FactorSoft) is the industry standard in factoring software. It is an innovative and complete portfolio management system designed for factors and accounts receivable finance professionals.
CADENCE | Factoring manages every aspect of the factoring, invoice discounting, and A/R finance business.
Its information management design eliminates the need for separate systems to manage and analyze your portfolio and covers all aspects of your client relationships:
- G/L accounting information
- Concentration reports and trend analysis
- Funds employed summary and client-debtor availability
- Credit limits, detailed aging, and audit trails
- Flexible search capabilities and much more
Robust security roles limit functionality and access according to job responsibility, while system auditing creates a history of client-related activities and transactions performed by system users.
Numerous add-modules and third-party interfaces are available to further enhance and customize the system.
CADENCE | Factoring comes with dozens of standard reports that can also be customized according to individual business needs. Reports can be saved as templates and scheduled to run automatically without having to re-enter specifications. Data can also be exported using numerous methods and formats.
CADENCE | Factoring offers superior functionality, secure client access, and exceptional support. Unsurpassed flexibility and configurability make CADENCE | Factoring a perfect fit for any lender, regardless of size.
