Pay your transport suppliers within 48 hours without compromising your company's liquidity!
Supplier factoring is a service designed for freight forwarders, loaders and manufacturing companies.
*currently only available in Serbia
Pay your transporting companies / carriers quickly without putting at risk your company's liquidity and solvency.
Benefits
of our service
Cash Flow Control: By opting for supplier factoring, the buyer company achieves the highest possible control over its cash flows, leaving additional room for investment planning and other business decisions.
Reduce your operating costs: Cut down on administrative workload and costs by consolidating all payments to a single recipient.
Build better relationships with your suppliers: Ensure fast payments to your suppliers and foster strong business relationships with them.
Increase your negotiating power: Strengthen your position when negotiating procurement terms by offering fast payments through invoitix.
Leverage extended payment terms: Take advantage of potential extended payment terms to invoitix, further improving your cash flow.
01
Reach an agreement with invoitix
The client determines which group of their suppliers they want to hand over to the factor for financing. This can be all or part of your transport supplier / carrier portfolio.
02
Invoitix contacts transport companies
Invoitix reaches out to the transport suppliers designated by the client (freight forwarder) and presents the factoring services along with the agreed payment terms and commissions. This step can also be handled by the client, depending on the agreement.
03
Contract signing and the first invoice submission
A contract is signed between the transport supplier and invoitix. The supplier submits the transport documentation to the invoitix platform and receives payment within 48 hours, instead of waiting for the standard due date.
04
Closing the financing process
Invoitix provides the client with information about the purchased invoices, amounts, and their due dates. The client pays the invoice to invoitix when the due date arrives or according to the agreed terms with invoitix.
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