Average Ratings 1 Rating

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ease
features
design
support

Average Ratings 0 Ratings

Total
ease
features
design
support

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Description

Factor Avenue is an innovative factoring software platform that utilizes artificial intelligence to cater to high-volume environments requiring regulated receivables finance. By automating processes such as invoice verification, payroll funding, exposure management, and funding decisions based on established rules, it redefines invoice factoring into a sophisticated and scalable financial infrastructure. The platform accommodates both recourse and non-recourse models across various sectors, including staffing, construction, transportation, healthcare, and purchase order funding, while implementing multi-layered credit limits, real-time aging controls, and pricing strategies derived from contracts that enhance risk visibility. Developed by a team of industry experts with over 18 years of experience in factoring technology, the systems they have created efficiently handle more than 50,000 invoices each day and facilitate transaction volumes exceeding $100 million. With a trusted reputation among over 200 factoring companies managing portfolios worth more than $500 million, Factor Avenue guarantees impressive reliability with 99.9% uptime, robust enterprise-level security, and tailored customization that meets specific industry and operational requirements. This platform not only streamlines financial operations but also ensures that clients can effectively manage their resources and risks in an ever-evolving market landscape.

Description

This platform enables the synchronization of live data, accessible across all devices. You can maintain a constant connection to your business by viewing updated online statistics related to your purchases and sales, no matter where you are or what time it is. Additionally, you can issue professional invoices to your clients and begin accepting online payments seamlessly. The user-friendly interface enhances the experience, making navigation effortless with smoothly cascading menus that allow you to quickly locate the necessary tabs. Built-in search functionalities further simplify your interactions with the software. Oomedh stands out as a cloud-based solution, providing greater flexibility compared to traditional desktop applications. Moreover, it is hosted on highly secure servers, incorporating advanced electronic surveillance and multi-factor authentication systems for optimal security. With these features, users can confidently manage their operations while enjoying peace of mind regarding data safety.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

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Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$299/month
Free Trial Yes 
Free Version No 

Pricing Details

$12.72 per user per month
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises Yes 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook Yes 

Deployment

Web-Based No 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

FactorAvenue

Founded

2024

Country

United States

Website

factoravenue.com

Vendor Details

Company Name

Virtualwebs Technologies

Founded

1997

Country

India

Website

www.oomedh.com/oomedh-inventory/features.php

Product Features

Product Features

Inventory Management

Alerts/Notifications Yes 
Barcoding / RFID No 
Forecasting Yes 
Inventory Optimization Yes 
Kitting No 
Manufacturing Inventory Management No 
Mobile Access No 
Multi-Channel Management Yes 
Product Identification No 
Reorder Management Yes 
Reporting/Analytics Yes 
Retail Inventory Management No 
Supplier Management Yes 
Warehouse Management No 

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