In a time where change is the only constant, QUALCO’s Factoring software solution is here to enable suppliers to boost their cash flow and efficiently focus on their core business operations
Buyers' behavior and expectations change according to the environment they operate in. Due to the economic downturn brought by the pandemic, they might face difficulties covering their invoices. But the constant lack of cash can create severe issues for a business, thus companies need an answer for this complex equation.
In a competitive landscape where suppliers need to adapt in real-time to stay truly competitive, Factoring can solve the lack of cash and boost their growth. By harnessing the potential of this alternative financing method, suppliers can expand their activities despite the general uncertainty and the existence of slow-paying customers.
QUALCO's Factoring software is an end-to-end solution that harnesses the power of modern technology to streamline operations and minimise the time and cost of new factoring products implementations.
By choosing QUALCO factoring solution, suppliers can reap multiple rewards.
For the qualified receivables, suppliers can receive their funds in a very short period, sometimes even in 24 hours.
Regular cash flows enable suppliers to increase their working capital quickly without the need for lending from a financial institution.
By giving more time to their clients to pay, they are becoming more competitive and are in pole position to further attract new customers.
Having the potential to pay their invoices earlier than their maturity can mean discounts that lead to significant long-term savings.
ProximaPlus, the Factoring software of QUALCO, opens the way for suppliers not only to remain at the forefront of the mind for future or existing customers but also to expand their businesses by securing the necessary cash flows.