Mobile Factoring Solution

Take your factoring business to a revolutionary new level through an end-to-end digital journey and exceptional UX for your clients and employees. Break free from cumbersome and expensive analogue processes. Focus on technology-enabled profits and growth.

Blue corner element - right

Meet mFactor: the Groundbreaking Mobile Factoring Solution

mFactor is an all-in-one mobile platform that brings together all the parties, processes and systems of a Bank's factoring business into a vibrant, seamless and efficient digital ecosystem. Built with a digital-first approach, perfectly suited for the needs of any business - from SMEs to large corporates, mFactor makes factoring and supply-chain finance:

x10

faster

Drastic time-savings for all parties at every step of the journey

x5

more cost-effective

Significantly increased efficiency and profitability

x3

safer

Reduced operational and fraud risks through industrial-grade security and real-time verification

100%

digital process

Fully digitized processes, documents, reports and dashboards – accessible 24/7 via mobile

Lead the Digital Factoring Revolution

Mobile Factoring - Phone

Best-in-class mobile experience

Seamless digital journey for all roles (Buyer, Seller and Bank/Factor), from onboarding to the execution of transactions. Cross-platform process flows.

Core system agnostic

Integrates with any core factoring, core banking and ERP/accounting system. Fully blends and complements the existing systems and processes.

Powerful real-time insights

The first in the industry mobile visual analytics with state-of-the-art dashboards with KPIs and actionable insights.

Bank/Factor - Seller - Buyer
mFactor has the entire journey covered

mobile factoring solution diagram

fast_onboarding

Onboarding

Fully digital onboarding
Flexible access, user creation and activation
Dynamic management of roles and authorization levels
Automated KYC and identity checks

contracting

Contracting

Initiated by any party
Manual and automated input, OCR and storage of documents
Confirmations and acceptance of documents & terms
Reminders

Smart_payments

Payments

Upload, OCR, sign and countersign invoices, B/L, warehouse receipts, and more
Bulk/mass transactions
Initiate payment/request for payment

Real_time_communication

Communication

Payment notifications and reminders
Notifications for document status
Time and location stamping of all parties

Advanced_reporting

Reporting

Advanced report filters
Automatically set access rights
Secure document storage and management
Reporting for all major KPIs

Give Your Factoring Business a Strong Competitive Edge

Mobile Factoring - Phones

In-built factoring know-how

Benefit from decades of experience pioneering and successfully monetizing critical innovations in the factoring industry.

Revenue growth

Grow factoring volumes and revenues by an average of 20%. Unlock new revenue streams, tapping into the vast SME financing opportunity.

Fast time-to-market

Innovate fast with average implementation time of 3 months.

Why Choose Software Group?

platform_80x80

mFactor is built on DigiWave – Enterprise Digital Banking Platform, enabling your growth in the digital era.

quick-to-market_80x80

Bank-proven business case with fast positive ROI and an overall CoR below 0.1%

global-experience_80x80

Over 20 years of experience in the factoring business, establishing regional and global market leaders.