FactorSoft: The Competitive Advantage

In the never-ending quest to improve the bottom line, business managers face critical challenges. How do you maximize efficiency and increase profitability? The tools you choose are an essential part of the solution. When it comes to boosting productivity, FactorSoft financial software sets the standard in enterprise factoring solutions.


FactorSoft Boosts Efficiency
FactorSoft enhances efficiency in all areas of daily data processing and portfolio management.


Daily Processing
Expand your business without increasing your overhead. FactorSoft’s workflow design allows faster, more efficient, and more accurate daily processing.

  • Quickly define, review, and approve your invoices: let FactorSoft analyze your data based on your predefined terms, conditions, and preferences.
  • Speed up your cash postings: FactorSoft’s split-check cash posting feature allows you to apply payments from a debtor’s check for multiple invoices across multiple clients.
  • Eliminate or reduce manual data entries: FactorSoft interfaces client invoices from popular accounting applications, and other source files such as Excel spreadsheets.


Management Tool
FactorSoft’s information management design eliminates the need for separate systems to manage and analyze your portfolio. FactorSoft covers all aspects of your client relationships:

  • G/L accounting information
  • Concentration reports and trend analysis
  • Funds employed summary, and client-debtor availability
  • Credit limits, detailed aging, and audit trails
  • Flexible search capabilities, and much more!

 


What Our Clients Think

“FactorSoft enables us to do our monthly closings without complicated updates. We don’t even dread annual closings anymore! The program’s accumulative features are excellent. We can change and delete entries without concern, and save tremendous time issuing statements, reports, and financials. Our staff welcomes the simplicity of documents easily explained to clients, and they in turn appreciate the fast funding. FactorSoft is ever changing and improving—and absolutely reliable. It allows us to work more efficiently and faster than ever before. Not to mention that Bayside’s support is second to none.”

— Rick Gottlieb of Olympic Credit Fund in Olympia, Washington