Software Comparison We are often asked how FactorFox is different from other factoring software. Below is a chart which compares FactorFox with WinFactor, a competing software program used by some factoring companies. FactorSoft and FactorSQL are not included in this chart because their prices start at $8,000 and $12,000 for initial purchase, with additional features extra.   Learn exactly what your business needs before making a software decision:   10 Key Points to Look for in  Factoring Software ($9.95 value) Free! First Name: Last Name: Email: Privacy Policy

Basics	WinFactor	FactorFox
Engine	MS Access 2003	MS SQL Server
Program location	Program & data reside on user’s hard disk	Program & data reside on FactorFox servers
Software Installation	Installation required for each computer	No installation needed, just log in
User Accessability	Must use a computer  with WinFactor installed	Use any computer with high speed internet
Backup	User backup required from hard disk	Daily backup at server level; user backup unnecessary
Home page	Buttons in a grid link to entry pages on home page only. No thumbnail summaries	Menu links to all pages, from all pages.   Thumbnail summaries of: New Schedules New Customers A/R Summary Receipts Rebates Due Chargebacks Recourse Items
User Modules	Factor	Factor Client Consultant Lender
Free Demos	Yes -- full use of data base	Yes -- video demos
Free 30 day trial	Yes -- full use of data base	Yes -- full use of data base
IFA Preferred Vendor	No	Yes -- 2 extra months free use for IFA members
Documentation/Help	WinFactor	FactorFox
User Guide	24 page Word document; No entry pages screen shots	180+ page PDF file within program; Numerous screen shots
Data Entry	WinFactor	FactorFox
Schedule entries	Entry onto hard drive by factor only	Online schedule entry by client or factor
Email notification to factor of new schedule from client	None	Automatically sent to factor
Email notification to client of schedule approval by factor	Manually sent as normal email	Optionally sent automatically to client by factor
Export to QuickBooks	Yes, via .iif files	Yes, via .iif files
Reporting	WinFactor	FactorFox
Reports & accessability	150 reports in one list	Multiple report types each with filters for quick reports selection
Reports availability	Reports must be manually uploaded to net at extra cost or manually emailed/faxed to clients	No report upload needed; no extra cost; users just log in. Online reports 24/7 for : Factor Clients Consultants Lenders
Report formats saved as:	Excel Word HTML PDF*	PDF* Excel HTML Web Archive TIFF CSV XML with report data
	*PDF print driver required ($9.95)	*Nothing extra required
Other Features	WinFactor	FactorFox
Document Sharing	Optional integrated scanning for additional cost; scanner required	DocuFox built in; clients/factor share files with one-click upload
Consultant Features	None; reports must be manually sent to consultants	Consultant module included. Online reports available 24/7 to consultants via log in
Data Limits	WinFactor	FactorFox
Number of Clients	Unlimited	Unlimited
Number of Customers	Unlimited	Unlimited
Number of Discount Rates	Unlimited	Unlimited; Quick-Calc boxes for instant creation of new rates
Customer Support	WinFactor	FactorFox
Toll-free 800 #	No	Yes
Support	Up to 3 hours online/phone support for first 45 days.	Phone/email during business hours whenever needed.
	Payment required thereafter for support	Included in subscription cost
Lease/Subscription  Payments	Annually	Choice of: Annually Semi-annually Quarterly Monthly
Prices	WinFactor	FactorFox
No-risk Guarantee	No	Yes
Support Costs	Up to 3 hours online/phone support for first 45 days.	Phone/email during business hours whenever needed.
	Then: Support @ $120/hr in 1/2 hour increments Or: prepaid support @ $80/hr in 1/2 hr increments	No time limits No extra support charges
Annual lease/ subscription	$595/year lease for 1 user + $105/year per additional user (4 users = $1,015/year lease)	$1,495/year subscription -- 4 users
Set up/training charge	$350 -- one-time (required)	$0
Optional features:		All features built in
Integrated Scanning	Extra 20% of annual lease	$0 - DocuFox built in
Integrated Scanning set up fee	$125	$0
Manual Web reports upload	Extra 20% of annual lease	Manual web uploads not needed
Manual Web upload set up fee	$125	$0
Total initial annual cost w/ all features:
1 User	$1,433 + support	$1,495, support included
2 Users	$1,580 + support	$1,495, support included
3 Users	$1,748 + support	$1,495, support included
4 Users	$1,895 + support	$1,495, support included

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