arvatos Factoring solution means that you, on a ongoing basis, borrow money based on your entire outstandings of accounts receivables
Instead of having the assets tied up in accounts receivable, you can instead convert them to cash and focus on developing your business. Besides the increase in liquidtity decrease in credit risk, Arvatos factoring solution also manages your account receivables, which saves your company a lot of time.
Allows you to continuously borrow and free money from your entire sales ledger
Arvato factoring service allows you to get a credit equal to 70-90% of your outstanding accounts receivable each time. This means that you get paid the very first day after the invoice is sent. No more waiting for the customers to pay, which on average takes around 40 days. Instead of having your assets tied up in invoices, Arvatos factoring service transforms them into cash that you can invested back into your business. Besides the increased credit, Arvatos factoring service will also save your company a lot of time through less administration.
We have used arvato's factoring services for nearly three years. arvato manages the entire invoice chain, from sending out the invoices to the follow-up, as well as the debt collection services. The greatest benefit is no doubt the circulation of cash flow. When we send arvato the invoice information, the money is usually in our account the next day. In addition, saving time and resources plays an important role. When we don't have to deal with the postage and reminder processes, we can focus on our core business and we no longer need to tie up our staff to these routines.Juha Pärssinen, Customer Manager, Fennopoint Oy
Improve your cash flow by getting a credit of 70-90% of your outstanding accounts receivable
Reduce your invoice administration by allowing Arvato to handle it. You will still have full control and transparency through our online service, Arvato Online