Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Cync Factoring is an innovative, cloud-driven platform for invoice factoring that aims to automate and enhance the entire factoring process, encompassing everything from invoice validation and verification to funding and managing portfolios. This solution empowers lenders to digitize their invoice workflows, employing rule-based automatic validation and swift electronic verification to lessen manual intervention, mitigate risks, and boost accuracy and efficiency. By facilitating comprehensive workflows—encompassing document management, collections, and funding determinations—it enables users to process substantial quantities of invoices with increased speed and reliability. The platform also boasts features like automated invoice importation from accounting software, customizable fee structures, and real-time monitoring, thereby offering complete transparency into operational activities and portfolio performance. Ultimately, Cync Factoring helps businesses navigate the complexities of invoice factoring more effectively and with greater confidence.
Description
The APOC platform was built modularly and includes components such as OCR, workflows and matching engine. It supports out-of-the box integration and allows multiple modes for invoice receipting other than paper. It features OCR for automatic data extraction at both line and header level. This allows for touchless invoice processing and automated 2/3-way matching. The AI/ML-assisted account coding for non-PO invoices and multi-parameter duplicate checks allows faster and more accurate supplier payments. Flexible workflows for managing approvals, exceptions, and a rule-based or configurable approval matrix are available to meet varying customer requirements. It provides actionable insights about the payables process and an inbuilt analytics engine.
API Access
Has API
API Access
Has API
Integrations
ABBYY Mobile Capture
Appway Digital Banking
Guidewire
IBM Apptio
Kong Mesh
LivePreso
Majesco
Syniti Data Matching
Integrations
ABBYY Mobile Capture
Appway Digital Banking
Guidewire
IBM Apptio
Kong Mesh
LivePreso
Majesco
Syniti Data Matching
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Cync Software
Founded
2010
Country
United States
Website
www.cyncsoftware.com/cync-factoring
Vendor Details
Company Name
Infosys BPM
Founded
2002
Country
India
Website
www.infosysbpm.com
Product Features
Product Features
Accounts Payable
Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management