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Invoice Financing - Factoring & Discounting

 

Do you make use of Invoice Financing facilities? If so manage your Invoice Financing processes directly in your NetSuite account. Supports both Factoring and Invoice Discounting.

Edition Supported: All except NetSuite Small Business
Countries Supported: All
Support & Maintenance: Included
Authored by: BlueBridge One
Current Version: 1.2
Required External Service/Software: None
Price: Annual Licence Fee per NetSuite site (Account Number). $250.00 (Ex VAT)
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Features:
  • Separately track and report on Invoice Finance transactions.
  • Separately track and report on Invoice Finance customers.
  • Manage your accounts with Finance Providers.
  • Supports finance and non-finance transactions simultaneously.
  • Supports multiple finance providers simultaneously.
  • Provides per-finance provider text on invoices.

Benefits:
  • Saves time and effort managing invoice financing activities
  • Ensure timely and accurate reporting to your finance provider.
  • Easily distinguish between financing and non- financing customer activities


Manage Invoice Financing activities directly in your NetSuite account. Supports both Factoring and Invoice Discounting.

The Invoice Financing SuiteExtender lets you separately track and report on finance invoices in NetSuite. It allows you to separately identify and report on invoicing financing transactions and customers, and to manage and reconcile your account/s with the external finance providers. 
 
The following additional process are supported:
 
1. Drawing Down an Advance from a Finance Provider
2. Reporting Finance Invoices to the Finance Provider
3. Paying for Financing Charges
4. Reconciling Your Finance Providers Account.

If you've purchased Invoice Financing - Factoring & Discounting to read documentation on this SuiteExtender.