More News3i Infotech Enhances Kastle Factoring Solution

3i Infotech Enhances Kastle Factoring Solution

3i Infotech, a global provider of IT solutions, has upgraded the Kastle factoring solution for the receivables finance sector, which has seen an increase in industry demand over the past 12 months, as established businesses and institutions seek to achieve a clearer understanding of all aspects of their finances.

Faisal Khan, director, banking and insurance, 3i Infotech Western Europe, said: “We are conscious that the receivables finance industry in Europe is in a high growth phase and rapidly becoming a mainline method for companies to obtain liquidity. With this growth and maturity comes the need to deploy leading-edge technology and by enhancing our Kastle factoring solution, we are able to assist the industry in reaching new levels of efficiency.”

The enhancements include:

  • A new customer relationship management (CRM) module that captures and processes the information necessary to evaluate, structure and create receivables finance facilities.
  • A flexible, clear key performance indicator (KPI) dashboard interface that may be utilised on the desktop, laptop or mobile smart phone.
  • The integration of 3i Infotech’s existing document management and scanning solutions alongside the transaction processing functions of Kastle factoring.
  • The latest pioneering fraud detection tools and assistance with regulatory compliance.
  • Comprehensive enterprise-wide risk management with a risk-rating tool that allows institutions to continually monitor a borrower’s credit-worthiness.

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

2m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

3m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

3m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

3m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

3m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

4m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

4m Mateo Graziosi