Factoring is quite unique in that it involves three different User Experience Cases (UXC), that also have different personas tied to them.
Bookkeeping for factoring is usually done wrong, and it’s also heavy on the manual labour side. This is how to avoid the issues.
Learn about payment processing, monitoring of bank accounts, handling incorrect payments and connect payments to invoices.
Reminders and Debt Collection is sometimes overlooked, especially the systematisation and speed of it.
The best customer and debtor service is achieved if you can offer a wide range of distribution channels.