ef3:

For start-ups to global players

Factoring providers also go through development processes. While smaller data volumes tend to be processed at the beginning and a manageable number of additional functions are required, this changes as a factoring institute or group becomes established. Mass data and automation then become increasingly interesting. It is precisely these needs on the customer side that we map with ef3.

Find the right solution

for your requirements.

  • ef3 enables factoring data to be optimally processed. The result is meaningful data that forms the basis for efficient accounts receivable accounting – but also for targeted controlling of follow-up customers and sustainable strategy planning.
  • With ef3, even highly complex factoring concepts can be handled professionally. Thanks to its exceptional performance, even large volumes of data can be processed efficiently and securely. Do you want to operate in an international environment? No problem for ef3.
  • In principle, ef3 can be flexibly expanded in its performance capability through numerous modules, interfaces and release keys. Our modules are self-contained additional functions that are constantly being developed and/or updated.
  • Self-contained subledger accounting
  • Freely definable chart of accounts
  • Maximum transparency in all processes
  • Certification according to IDW PS 880
  • Audit-proof due to traceability down to individual document level
  • Modularly expandable range of services
  • In-house factoring is possible
  • Country-specific language adaptation
  • Multi-currency function
  • High degree of automation
  • Company-specific business processes can be mapped
ef3 performance features
  • Self-contained subledger accounting
  • Freely definable chart of accounts
  • Maximum transparency in all processes
  • Certification according to IDW PS 880
  • Audit-proof due to traceability down to individual document level
  • Modularly expandable range of services
  • In-house factoring is possible
  • Country-specific language adaptation
  • Multi-currency function
  • High degree of automation
  • Company-specific business processes can be mapped
More information

ef3:

the advantages at a glance.

Usability

ef3 is characterised by optimum user-friendliness. The clear and simple structure guarantees quick and easy navigation. All areas containing large amounts of data can be filtered with search dialogues for every requirement. Numerous memo fields are also available for notes and users can intuitively drill down into the desired areas using double-clicks.

Internationality

ef3 supports you in your international business. You can decide whether you want to manage debtors abroad directly or utilise the help of a factor partner. Business partners can receive letters and analyses in their local languages.

Automation

The main focus of professional factoring software is automation. Recurring processes must run independently of the user. Mass data is imported, accounting data is exported. Batch processing handles the tasks and informs you via event notifications or analyses.

Transparency

More detail is not possible. ef3 displays each document individually (invoice, credit note, payment, special postings). A wealth of information is stored within the document. The document history maps the complete life cycle of the document from its incoming posting to its historicisation.

Risk monitoring

ef3 helps you to actively monitor risks and react to indications in good time. Special analyses, screen masks and event runs reveal risks and make it easier to react quickly and in good time.

Flexibility

ef3 gives you the flexibility to adapt to the specific requirements of your customers. The factoring application adapts to market requirements and therefore remains a daily updated system for your factoring concept.

Individualisation

Yes, you are purchasing standard software with ef3, because this is the safest decision in the long term. However, ef3premium offers you functionalities with which you can customise the software to your individual factoring concept.

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You can count

on these types of factoring with us.

In principle, the following types of reciavables financing can be mapped with ef3:
  • Full service factoring
  • Revolving factoring
  • Domestic factoring
  • Export and import factoring
  • Recourse and non-recourse-factoring
  • Reverse factoring and supply chain finance
  • Invoice finance and discounting
  • Inhouse factoring
  • Maturity factoring
  • Asset-based lending
  • and many more

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