FEM is our Matching Support Platform for Factoring. FEM helps to match live invoices with transfers and payments made by debtors, supported by an intelligent system that leverages the experience of previous matches.
Support for resolving matches in Factoring:
- Automatic matching of over 70% of the payments.
- Support for the most common cases that occur in matching.
- Prioritized view of matches based on their likelihood of success.
- Tools for analysing the information to help with manual matching.
- Allows the introduction of explicit matching rules known by the analysts.
Improved Factoring Service:
- Drastic reduction of time and effort in resolving matches.
- Reduces the average time for allocating payments by up to 50%
- Improves the quality of the factoring service, minimizing operational and reputational risks. Reduction of errors.
- Decreases the resources needed for the factoring activity.