The Invoice Discounting module helps optimize your company’s accounts payable.
Offer your customers early payment of invoices in exchange for a discount, saving your money and reducing the cash gap of your business partners. The module can work in integration with Edisoft Factoring electronic factoring platform or Edisoft Platform.
Electronic supply documents sent for factoring will not be included in Invoice Discounting and vice versa.
Risk-free opportunity investment in own supply chain
High level of return on your capital
Growth in the level of relationships between partners
Access to cheaper source of funding for suppliers
How It Works
Signing a contract
Debtor and supplier sign an electronic agreement to use the Invoice Discounting module
The debtor informs the selected group of suppliers about the possibility of Invoice Discounting within a certain limit
The supplier determines the supplies that he wants to use in Invoice Discounting, selects the dates of the desired payments, signs the package of documents via e-signature and sends it to the debtor for review
The debtor reviews the delivery package and decides whether to finance this delivery package on Invoice Discounting
If confirmed by the debtor, the system generates a bilateral agreement on Invoice Discounting of selected deliveries for certification with an electronic signature
The debtor finances deliveries under Invoice Discounting with an agreed discount and a selected grace period