E-factoring

E-factoring — electronic platform, service of legally significant electronic document management for maintenance of all process of factoring service.

2020: Opening of roaming of e-document flow with OFD Platform within marking

On April 22, 2020 OFD Platform reported that her clients will be able to exchange legally significant documents and UPD with users of service of electronic document management from Corus Consulting CIS, one of leaders in the market of operators of e-document flow now.

Roaming connection is implemented for the benefit of the organizations which participate in turnover of the marked goods - perfumery, tobacco products, footwear and clothes. Thus, large producers and distributors who are clients KORUSA have an opportunity to send UPD with codes of marking on e-document flow channel (E-document Flow Platform service) directly to a set of low-format retail outlets which, in turn, use OFD services for exchange of documents. Retail outlets through roaming connection between KORUSOM and OFD Platform accept UPD with codes of marking and confirm transition of the property right of goods with the code on themselves.

Compliance to the ROSEU format of both operators allowed us to execute testing of exchange of documents in few days. Clients of OFD Platform or e-document flow KORUS continue to work in interfaces, usual for each of them, but at the same time can interact with each other, exchanging the legally significant documents necessary for compliance to requirements of process of marking, noted Dmitry Afanasyev, the partnership director of OFD Platform IT company

At this stage of the project roaming connection is organized in a manual format, traditional for the market, but in plans of both companies - creation of automatic roaming during which partners will be able to exchange UPD with codes and other documents without the need for the additional address to the operator.

KORUS sees the task not just to act as the operator on transfer of the document as such, and to provide uninterrupted submission of electronic documents for marking in the greatest possible quantity of retail outlets. For our clients, large distributors and producers, it is really important to trace all supply chain of the marked products. It is no secret that nearly a half of sales is performed via channels of traditional retail, and our partners - the OFD Platform - are one of leaders of this segment and play an important role of the conductor for clients KORUSA, commented the head of Corus Consulting CIS Sergey Mashurin

In plans of the companies - partnership development and improvement of electronic channels of document flow.

2017: Start of E-Faktoring service

On September 19, 2017 the Corus Consulting CIS company announced start of SaaS service — the automated B2B-solution for maintenance of processes of financing of deliveries E-factoring. Thus, now cloud services of the company provide complete documentary maintenance of merchandising, from the order before financing.

Appointment

As you know, in case of assignment of the rights of a monetary claim the factor should receive the different documents confirming, for example, the goods acceptance fact. The electronic document management providing reduction of time of formation and exchange of documents and, as a result, acceleration of receiving financing "ideally fits into this process without coming out office", noted in Corus Consulting CIS.

According to developers, the E-factoring platform allows to automate tripartite interaction of suppliers, factors and debtors, a concession and confirmation of the rights of a monetary claim. As result, the transparency and safety of factoring transactions is ensured.

Specific Features

When developing the E-factoring platform specialists of Corus Consulting CIS analyzed financing process, received the recommendations of factoring companies, considered possible "critical moments". First of all, this financing of invalid monetary claims, double financing, the tripartite, geographically distributed document flow: in an algorithm of the platform the functionality capable to minimize these risks is put, claim in the company.

Features

In general, the E-factoring platform accelerates financing of deliveries — the repayment period of debt is reduced, on average, to one working day, provides mechanisms of control of transactions, traces delivery statuses, reduces costs for providing and document handling and optimizes work of personnel. The product is adaptive and can be configured under needs of the companies users, participants of transactions.

Development of legally significant electronic document management caused transfer of many business processes to an electronic form including factoring. The solution to place E-factoring on the certain platform is dictated by desire of our clients to simplify interaction between participants of transactions and to reduce operational and credit risks" — commented Anastasius Vorozheykin's event, the head of development of E-factoring.