Uni Systems, in association with a specialised overseas firm, offers solutions that can meet every bank's requirements in the field of Factoring.  

The solution is multi-currency, supports many countries and languages and an unlimited number of users, is parameter-based, and deploys a flexible security sub-system supporting various user roles.

The solution supports all types of Factoring, offering enriched functionality in relation to:

• Management of customer, debtor, factor and insurance firm data
• Management of transactions and supplies
• Creating and monitoring customer groups
• Capability to monitor the insurance cover of transactions
• Credit Risk management
• Regulatory compliance (Basel II, Bank of Greece)
• Capability to interconnect customers via Internet Banking
• Capability to maintain files of cases in progress
• Many other features

Types of Factoring that are supported include:

• Domestic Factoring, with recourse to the Underwriter -Assignor
• Domestic Factoring, without recourse to the Underwriter - Assignor
• Domestic Factoring with and without recourse, with right of collection to Underwriter - Assignor
• Confidential advance discharge and invoice management
• Export Factoring
• Import  Factoring
• Advance discharge of claims at current value
• Reverse Factoring
• Back-To-Back Factoring