Izyda – automated factoring process

Izyda provides comprehensive and fully automated factoring process support. All the stages of the process are supported, starting with invoice collection, to invoice advance payment, to fees and interests calculation, to repayment or regress.

Functionality:

• Invoice seller and debtor data registration and management
• Factoring contracts preparation and execution
• Factoring applications processing
• Support for discounted invoice purchase
• Receivables repayment support
• Purchased invoices recourse support
• Various fees calculation
• Generating accounting entries for the central system
• Direct interface to the debt collection system
• Credit limit control for invoice sellers and debtors