Home / Soft4Factoring

Soft4Factoring

After completing numerous projects in the leasing sector, PYA Solutions specialists can also help factoring companies, which are involved in recourse and non-recourse fac­toring manage their businesses efficiently. PYA Solutions works with the Soft4Factoring solution, built on Microsoft Dynamics 365 Business Central (former Microsoft Dynamics NAV). Thus, allowing you to benefit from a world-class ERP system with built-in specific functionality needed by factoring institutions.

Soft4Factoring enables you to manage financial transactions and types of debtor finance, quickly and easily.

Soft4Factoring features

  • Automated calculation, accrual and invoicing of interest and commission.
  • The ability to define Word-based templates for Factoring Agreements, Notification and Confirmation letters and au­tomated production of the factoring documents based on these templates with the possibility of sending them imme­diately by email.
  • Easy tracking and reporting. Always find a history of the correspondence with your customer, latest related data and scanned documents at your fingertips!
  • Contact – Address details, enabling address fields to be broken down and stored in a highly structured form. Thus, ensuring that you have the correct mailing and searching in credit bureau databases.
  • Collections Worksheet, which enables users to monitor delinquent accounts (e.g. customers with overdue invoices), to act and log them in the system (e.g. call the customer, log promise to pay, fol­low-up call if promise broken).
  • Document Management, that provides document creation, storage, and distri­bution functions throughout the factoring process. The module enables document templates’ configuration and map to data in the System (e.g. automate the Factoring Agreement or Debtor No­tification form with data fields filled in), and signed contracts and supporting documents uploading to the System.
  • The Solution supports multi-currency and multi-language.

More about Soft4Factoring at https://soft4leasing.com/factoring-software/
Contact us for more information on how Soft4Factoring can improve your business.

Testimonials:

The determining factor in choosing PYA was the people. The initial start-up assistance, as well as the continuing support, is incredible.
Benoit Poupart, Co-President, POL R
PYA and NAV (Navision) are a powerful team. PYA’s professionalism combined with their knowledge of NAV (Navision) and Distribution Intelligence for NAV (Navision) enabled us to invest in today’s leading edge technology geared towards our future growth.
Viken Afarian, General Manager, Canadian Gem / GemPearl
The determining factor in choosing PYA was the people. The initial hand-holding, as well as the continuous support we receive from PYA, is simply not matched by anyone else in their field!
Helen Laframboise, Controller, Arthur Rogers & Associates
PYA sent in professionals who spent all of the required time to learn about our business. PYA instantly related to our needs <…> (and) was fully committed to satisfying all of our requirements.
Benoit Poupart, Co-President, POL R
With NAV (Navision) and PYA’s Distribution Intelligence for NAV (Navision), we are able to make the software fit the business and not the other way around.
Viken Afarian, General Manager, Canadian Gem / GemPearl
PYA Solutions is an expert in leasing and financial services field. They quickly adapted Soft4Leasing solution to the requirements of Canadian market thus enabling more leasing companies to use the benefits of solution satisfying leasing specifics.
Ugne Kontare, Business Development Manager, SOFT4
PYA has surpassed our expectations. When we lost our system data <…> we could easily been taken advantage of. Instead, PYA was extremely professional and guided us through a successful and cost-effective implementation in one short month!
Benoit Guglia, Vice President, Arthur Rogers & Associates
Our company is growing, and we are on the move between multiple locations. We really need to have our act together <…> (and) that is exactly what PYA does for our entire operation. It helps us pull our facts together so we can continue to grow our business profitably, while at the same time staying in control.
Benoit Poupart, Co-President, POL R
PYA was very instrumental in building up realistic expectations of NAV (Navision), Distribution Intelligence and their features. PYA asked the appropriate questions so they could fully understand our business early on in the sales cycle.
Viken Afarian, General Manager, Canadian Gem / GemPearl