REVERSE INVOICE FACTORING

Automates the reverse factoring (confirming) process for vendor invoices: lets you mark in the system which vendors can be included in the confirming program, negotiate invoices with the financial institution (original and negotiated due dates, negotiation and disbursement dates), automatically generates the corresponding "bank promissory note" and negotiated invoice documents, and exposes a service (endpoint) so the bank or fintech can check the status of negotiated invoices. Gives full traceability of each vendor invoice throughout its factoring cycle, including an error log for every attempt to communicate with the financial institution. Lets the company offer its vendors early payment through a financial third party, improving its business relationship with them.