Request a MeetingKastle® Factoring can also be deployed with Oracle Database 11g Release 2 and Oracle Weblogic Server 11g R1.
Overview
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.
With its contemporary design, this J2EE-compliant solution facilitates the handling of all standard forms of products. Domestic/Cross-border, Collection Services, Invoice Discounting, Dealer Financing, Supplier Financing, In-house Factoring (Shadow Ledger), Asset Based Lending with variations for Recourse/Non-Recourse, Notified/Non-Notified and Current Account / Invoice Level Funding. Moreover, to suit the diverse needs of each organization, it is available in a variety of deployment models -software as a service, ASP, rental and traditional licensing.
Over 100 Customers Worldwide
100+ Kastle® Factoring
- 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
- 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
- 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
