Web-Based Factoring Software
for factors and their clients
Preferred Vendor
International Factoring
Association
®
866 432 2409
© 2006-2012 FactorFox Software, Inc.
Se habla español
305 791 1451
Tel 866 432 2409
Fax 253 444 0064
|
Feature |
Start Up |
Mgmt |
Entrprs |
Franch |
|
Modules |
|
|
|
|
|
Factor |
Y |
Y |
Y |
Y |
|
Clients |
Y |
Y |
Y |
Y |
|
Customers (Debtors) |
Y |
Y |
Y |
Y |
|
Consultants (Brokers) |
Y |
Y |
Y |
Y |
|
Lenders |
Y |
Y |
Y |
Y |
|
Accountant |
Y |
Y |
Y |
Y |
|
Participation |
* |
* |
* |
* |
|
PO Funding |
* |
* |
* |
* |
|
Workouts |
* |
* |
* |
* |
|
Manager |
|
Y |
Y |
|
|
Franchisee |
|
|
|
Y |
|
Franchisor |
|
|
|
Y |
|
|
|
|
|
|
|
Training & Support |
|
|
|
|
|
Complete Users Guide accessible within program |
Y |
Y |
Y |
Y |
|
Numerous videos accessible within program |
Y |
Y |
Y |
Y |
|
Ticketing support |
Y |
Y |
Y |
Y |
|
Free training provided online (no off-site training required) |
Y |
Y |
Y |
|
|
On-site training provided if requested by subscriber |
|
|
Y |
Y |
|
Program updates and new features listed within program |
Y |
Y |
|
|
|
Access to free webinars hosted by FactorFox staff |
Y |
Y |
Y |
Y |
|
|
|
|
|
|
|
Data access & data storage |
|
|
|
|
|
All Staff with access to all entry pages, reports & graphs |
Y |
|
|
|
|
Data resides on FactorFox servers |
Y |
Y |
|
|
|
Data resides on subscriber's server |
|
|
Y |
Y |
|
Manager-determined permissions for staff members: view/edit/no access |
|
Y |
Y |
|
|
Centralized or customized login page |
Y |
Y |
Y |
Y |
|
Export to QuickBooks |
Y |
Y |
Y |
Y |
|
DocuFox - document sharing between factor & client |
Y |
Y |
Y |
Y |
|
|
|
|
|
|
|
Data Entry |
|
|
|
|
|
New customer prospects entered by client await factor's approval before showing on schedule |
Y |
Y |
Y |
Y |
|
Each invoice on schedule can have default or unique advance amount and discount term |
Y |
Y |
Y |
Y |
|
Import invoices into schedules from spreadsheet (optional) |
Y |
Y |
Y |
Y |
|
Import customers (debtors) list and data from spreadsheet (optional) |
Y |
Y |
Y |
Y |
|
Limit of 5 Clients |
Y |
|
|
|
|
Limit of 500 invoices |
Y |
|
|
|
|
|
|
|
|
|
|
Discounts |
|
|
|
|
|
Unlimited number of discount terms are easily created and assigned to clients |
Y |
Y |
Y |
Y |
|
Discounts can be based on invoice or advance amount |
Y |
Y |
Y |
Y |
|
Discounts can be recorded with customer payments or deducted from advances |
Y |
Y |
Y |
Y |
|
Float days default defined at factor, client, and debtor levels |
Y |
Y |
Y |
Y |
|
|
|
|
|
|
|
Quick Reference, Reports & Graphs |
|
|
|
|
|
Home page with thumbnail summaries of the most important data |
Y |
Y |
Y |
Y |
|
Numerous reports visible as appropriate to staff, clients, brokers, lenders, accountant |
Y |
Y |
Y |
Y |
|
Numerous graphs visible to factor staff |
Y |
Y |
Y |
Y |
|
Verification page for each invoice can be saved & printed |
Y |
Y |
Y |
Y |
|
Reminders page for routine & unique to-do tasks |
Y |
Y |
Y |
Y |
|
|
|
|
|
|
|
Alerts & Warnings |
|
|
|
|
|
Flags invoices at user-defined # of days after advance, if unpaid |
Y |
Y |
Y |
Y |
|
Flag days defaults defined at factor, client, and debtor levels |
Y |
Y |
Y |
Y |
|
Duplicate invoice #s by same client cannot be entered |
Y |
Y |
Y |
Y |
|
Warning when duplicate PO # is entered |
Y |
Y |
Y |
Y |
|
Warning when previously entered unfactored invoice # is later entered in a schedule |
Y |
Y |
Y |
Y |
|
Warning given when an invoice exceeds a credit limit prior to schedule approval |
Y |
Y |
Y |
Y |
|
|
|
|
|
|
|
Creating invoices to send customers |
|
|
|
|
|
Create invoices to send/email to customers from Schedules page |
Y |
Y |
Y |
Y |
|
Client logo can be included on invoices created within FactorFox to be sent to customers |
Y |
Y |
Y |
Y |
|
Customized notice of assignment, factor address, & more can be printed on each created invoice |
Y |
Y |
Y |
Y |
|
|
|
|
|
|
|
Other Features |
|
|
|
|
|
User-defined referral source types, pmt. adjustment types, pmt. & receipt types, & credit agency names |
Y |
Y |
Y |
Y |
|
Follow up notes for each invoice can be entered by & are visible to factor and client |
Y |
Y |
Y |
Y |
|
Customers can be matched to multiple clients with unique credit limits for each |
Y |
Y |
Y |
Y |
|
Support ticket link to FactorFox staff for factors is on each page |
Y |
Y |
Y |
Y |
|
Email link to factor for clients is on each page |
Y |
Y |
Y |
Y |
|
Factor logo & link visible on all pages & reports to factor and all factor's clients |
Y |
Y |
Y |
Y |
|
RPost capability (sending certified emails) included on Reports page |
Y |
Y |
Y |
Y |
|
Trucking clients can get factor’s automatic credit approval within FactorFox |
Y |
Y |
Y |
Y |
|
Link to Experian's Business IQ engine provided on FactorFox's Credit page |
* |
* |
* |
* |
|
Ansonia credit searches run from within FactorFox |
Y |
Y |
Y |
Y |
|
|
|
|
|
|
|
Subscription Payments |
|
|
|
|
|
One 6-month Subscription paid by credit card (not invoiced) |
Y |
|
|
|
|
Subscription paid monthly, quarterly, semi-annually, or annually by credit card (not invoiced) |
|
Y |
|
|
|
One-time data base creation charge; customization available |
|
|
Y |
Y |
|
Yearly maintenance fees paid monthly, quarterly, semi-annually or annually by credit card |
|
|
Y |
|
|
Monthly charge per franchisee; no annual maintenance fee |
|
|
|
Y |
|
|
|
|
|
|
|
Countries & Languages |
|
|
|
|
|
English version with correct date formats, states/provinces, etc. now available for: |
|
|
|
|
|
USA, Canada, Australia, UK, Jersey, South Africa, Botswana (others added as needed) |
Y |
Y |
Y |
Y |
|
Spanish version with correct date formats, states/provinces, etc. now available for: |
|
|
|
|
|
Mexico, Colombia (others added as needed) |
Y |
Y |
Y |
Y |
|
|
|
|
|
|
|
Y = Included |
|
|
|
|
|
* = Coming soon |
|
|
|
|
