Infomedics Business Case

Streamlining Financial Processes

Managing accounts receivable can be a daunting task for businesses of all sizes. Inefficient processes can be error-prone and costly, leading to delays in payments, cash flow issues, and decreased profitability. However, with the advancements in technology, automation systems are becoming an essential part of financial management, and the Factoring or Invoicing Automation is the ultimate solution for businesses looking to streamline their tedious processes.

What is Factoring Automation System (FAS)?

The Factoring Automation System is a multiservice platform that automates bulk data processing. It enables businesses to easily manage their invoices, payments, and cash flow in one place. The system seamlessly integrates with existing financial systems, banks, insurance companies and other external partners enabling the clients to reduce the time and effort required to manage their accounts receivables.

Features and Benefits

FAS comes with a range of advanced features and benefits that help businesses streamline their factoring processes:

• Invoice Aging and Reminders
• Automated invoice processing
• Real-time monitoring of payment status
• Detailed reporting
• Analytics
• Collection Letters

… and much more!

Solution Architecture