Latest News - 100 Use New Sales Ledger Upload Facility

News just in is that 100 clients are now using the new Confidential Invoice Discounting facility with Sales Ledger Upload through one of our panel of providers.

The product was launched late last year and demand has been high and growing.

The product is managed via a secure, electronic link and integrates with your sales ledger accounting package (it handles most of them) so that a copy of your ledger can be uploaded and funding (up to 95% of the value of your invoices) can be drawn against it.

The product can be paperless so it is also environmentally friendly not to mention easy to use.

The benefits of using Sales Ledger Upload are as follows:

• Paperless, environmentally friendly product.
• No need to send invoices or day book listings to the discounter - the product integrates with most accounting packages.
• No need for month end reconciliations that will take you time.
• You continue to handle collection of invoices so your customer relationships are not affected.
• Fixed fee service charge making the cost of the facility completely predictable.
• Real time calculation of your availability i.e. NO waiting for your month end reconciliation to be submitted before cash is released.
• Upload your invoices . . . download cash, it's that easy!
• For more information about Confidential Invoice Discounting with Sales Ledger Upload contact us

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Case Study - Confidential Invoice Discounting with Sales Ledger Upload

For further information about Invoice Discounting follow this link

For further information about Factoring follow this link

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Posted: 9th of April 2008