mFactor is the first truly mobile factoring solution, which brings factoring business to a revolutionary new level through an end-to-end digital journey and exceptional UX for the Bank/Factoring Operator’s clients (Sellers and Buyers) and its employees. It eliminates cumbersome and expensive analogue processes and enables Banks/Factors to generate technology-enabled profits and growth.
X 10 FASTER
Time-saving for all parties at every step of the process
X 5 MORE COST-EFFECTIVE
Significantly increased efficiency & profitability
X 3 SAFER
Reduced operational risks with industrial grade security
100% DIGITAL PROCESS
Fully digitized documents, reports, and dashboards
Environment – friendly end-to-end paperless process
mFactor links together all participants in a factoring transaction – THE SELLER, THE BUYER AND THE FACTOR. It is fully interactive, so that any action done by one of the participants is reflected immediately with the other participants. In real time!
The end-to-end process starting with the digital client onboarding, contract signing to daily activities, including invoice uploads (through OCR), e-signing and sending of all mandatory documents (assignments, notifications), confirmations and payments from Buyers are done digitally and with few clicks. Additionally, visual dashboards and actionable insights and reporting make life easier for both the end-user and the bank/ factoring operator.