Sold by: Tieto
Deployed on AWS
EasyFS Factoring module enables invoice financing, contract management and automated fee and interest processing.
Overview
Tieto EasyFS Factoring is a modular add-on to the EasyFS Core Banking software that enables financial institutions to offer invoice financing service, without EasyFS Core Banking , EasyFS Factoring has limited utility. Notice, separate EasyFS Core banking license is required to run EasyFS Factoring.
The module supports the full factoring lifecycle, including invoice management, contract handling, interest and fee calculations, overdue monitoring and reporting. It allows institutions to automate factoring operations while maintaining full visibility and control over receivables.
EasyFS Factoring integrates seamlessly with the core banking platform and external systems, enabling fast deployment and minimal operational disruption. Key Features
- Invoice and receivables management
- Factoring contract lifecycle management
- Automated interest and fee calculations
- Overdue monitoring and reporting
- Seamless integration with EasyFS Core Banking
Business Benefits
- Launch factoring services quickly with a modular add-on
- Automate invoice financing processes and calculations
- Reduce operational effort and manual handling
Highlights
- Launch factoring services quickly with a modular add-on.
- Automate invoice financing processes and calculations.
- Fully integrated with EasyFS Core Banking software
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Dimension | Description | Cost/36 months |
|---|---|---|
EasyFS Factoring SaaS | EasyFS Factoring as a Service | $0.01 |
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