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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

FactorFox is an AI-driven operating system designed specifically for factoring, asset-based lending, and purchase order finance. It efficiently manages the entire funding cycle, encompassing processes such as onboarding clients and debtors, conducting credit assessments and underwriting, verifying invoices, and capturing data directly from client agreements and related documentation. Additionally, it oversees funding, releasing reserves, collections, cash applications, participations, and reporting. What sets it apart is its intelligent interface; rather than offering just another dashboard, it provides tailored briefings for each role, complete with the evidence supporting every decision. This ensures that credit teams, operations, and management have a clear view of exposure, covenant positions, and funding choices, all accompanied by relevant documentation. Continuous monitoring of risk and funding against bank covenants is a core feature, and approvals are seamlessly integrated into Microsoft Teams, where collaboration already occurs. FactorFox is versatile, supporting dual accounting integrations and catering to various sectors, including general factoring, transportation, freight brokerage, construction, medical industries, reverse factoring, and electronic factoring in LATAM. This comprehensive approach not only enhances operational efficiency but also drives informed decision-making across all levels of the organization.

Description

kennek is a loan management software designed to support the entire lending lifecycle, from origination to maturity, within one platform. It is suitable for various types of lending institutions, such as bridging lenders, commercial lenders, development lenders, unregulated lenders, revenue-based lenders, and leasing lenders. Developed by former lenders, it addresses operational challenges commonly encountered in the lending industry. The platform includes configurable settings and workflows that do not require coding knowledge, making it accessible to users with varying levels of technical expertise. kennek automates tasks such as borrower reminders and covenant calculations, reducing the time spent on administrative processes. Real-time data monitoring features allow lenders to manage risk and identify potential issues before they lead to defaults. kennek offers modules for origination and underwriting, servicing and monitoring, credit portfolio management, and investor reporting. The investor reporting functionality generates reports automatically and provides investors with access to real-time performance data, ensuring consistent information for all stakeholders. The platform is designed to minimize human error, streamline middle and back-office operations, and support institutional growth without requiring proportional increases in staff.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Creditsafe No 
HubSpot CRM No 
Modulr No 
Sage Accounting No 
Salesforce Agentforce 360 Platform No 
Xero No 

Integrations

Creditsafe Yes 
HubSpot CRM Yes 
Modulr Yes 
Sage Accounting Yes 
Salesforce Agentforce 360 Platform Yes 
Xero Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

£1,950.00/month
Includes origination and underwriting, servicing, monitoring and reporting modules.
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 Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

FactorFox Software LLC

Founded

2002

Country

United States

Website

www.factorfox.com

Vendor Details

Company Name

kennek

Founded

2021

Country

United Kingdom

Website

kennek.io

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