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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

FactorCloud is an innovative cloud-powered platform for invoice factoring, designed to enhance the management of accounts receivable for factors, automate their workflows, and foster business growth with both accuracy and scalability. It features automated funding processes, efficient collections, and dual-ledger accounting that maintains penny-level precision, along with OCR technology for invoice capture that reduces manual data entry and accelerates processing times. The platform seamlessly integrates with more than 20 native applications and offers an open API, allowing teams to connect with their current accounting, CRM, and ERP systems, thus ensuring they can operate within their established workflows. FactorCloud also provides a client portal designed with a mirror-view layout to facilitate training, a CRM-like module for monitoring clients, debtors, and vendor connections, and adjustable credit limits and fee structures to consistently manage credit risk and terms. In addition to comprehensive reporting capabilities, the platform supports audit-ready dual-entry accounting to ensure compliance, while its user-friendly interface and guided onboarding processes make data migration smooth. By combining these features, FactorCloud empowers organizations to enhance their financial operations and achieve greater efficiency overall.

Description

PrimeRevenue stands out as the foremost provider of financial technology solutions focused on working capital, assisting over 30,000 clients across more than 80 countries in enhancing their financial resources to effectively support strategic projects, achieve a competitive edge, and fortify connections throughout the supply chain. Supply chain finance, commonly known as approved payables finance or reverse factoring, serves as the most efficient method for both mid-sized and large companies to release cash, enabling them to adapt to economic fluctuations and drive growth. We have empowered businesses from the mid-market sector to some of the world’s most prominent corporations to liberate billions in working capital. The possibilities of what we could achieve together are truly exciting. Furthermore, the PrimeRevenue SurePay Platform represents a groundbreaking innovation that streamlines B2B payment services across the entire supply chain, enhancing efficiency and driving collaboration. This unique platform not only optimizes cash flow but also fosters stronger partnerships among stakeholders.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

HubSpot CRM Yes 
QuickBooks Accountants Yes 
Salesforce Yes 
Triumph Network Yes 

Integrations

HubSpot CRM No 
QuickBooks Accountants No 
Salesforce No 
Triumph Network No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

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

Deployment

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

Customer Support

Business Hours No 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

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

Types of Training

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

Vendor Details

Company Name

FactorCloud

Founded

2011

Country

United States

Website

www.factorcloud.com

Vendor Details

Company Name

PrimeRevenue

Founded

2003

Country

United States

Website

primerevenue.com

Product Features

Product Features

Accounts Payable

Approval Process Control No 
Bank Reconciliation No 
Cash Management No 
Check Writing No 
Duplicate Payment Alert No 
Fraud Detection No 
General Ledger Entry No 
Vendor Management No 

Accounts Receivable

ACH Payment Processing No 
Billing & Invoicing No 
Check Processing No 
Collections Management No 
Online Payment Processing No 
Overpayment Processing No 
Partial Payments No 
Receivables Ledger No 
Recurring Billing No 

Alternatives

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