| Customers: VTB Factoring Moscow; Financial services, investments and audit Contractors: Edisoft Product: FactorPlatProject date: 2014/11
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The technology in an industrial scale is available to connection to all banks and retail chain stores. In December, 2014 the VTB Factoring company which provided financing of suppliers of Intersection, Pyaterochka and Karusel hypermarkets (Retail Group X5) with a limit in 7 billion rubles was connected to FactorPlat. The solution allowed to refuse "paper" document flow between all participants of the factoring transaction: the supplier, retail chain stores and bank that, in turn, influenced cost reduction and fall forward of business processes.
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