Description
Kastle™ Factoring is a web-based, platform-independent solution that enables business transformation with efficient, integrated management of the various assets involved in the receivables finance business. This multi-currency system with international language support enables receivables finance institutions to help clients address key business issues like centralizing business operations, using resources optimally and leveraging technology investments via a comprehensive suite of receivables finance tools. It focuses on critical business issues like flexible product offerings, increased business volumes, rapid transaction turnaround and straight-through processing. The solution assures enhanced business efficiency, optimum productivity and maximized profitability.
Key Features
- Easy configuration and transacting
- Flexible product definition
- Straight-through processing
- Robust and proactive risk management
- Powerful and user-friendly reporting tools
- Facility for multiple accounts, each linked to separate products
- Definable advance (funding) % for both client facility and client-debtor
- Automated or discretionary allocation by matching receipts against invoices
- Multi-lingual and multi-currency processing
Key Differentiators:
- Normal and reverse factoring on a single platform
- Customer acquisition module
- Credit risk analysis functionalities
- End-to-end document management
- Business Intelligence and KPI Dashboards
- Risk scoring
- Fraud detection and management
- Parameterized accounting policies
- User-definable online help feature
- Client, Debtor and Employee portal
Key Customer Benefits:
- Competitive advantage by leveraging straight-through processing for increased productivity, optimal resource utilization and better returns on investment
- Centralized operations with full client life-cycle business process management (from customer acquisition to daily business operations)
- Unmatched flexibility leading to strong customer relationship and improved loyalty
- Shortened time-to-market; Proactive and efficient risk management
- Full electronic integration with business partners; Electronic document management; Enterprise content management
0.0 Average Rating Rated (0)