Kastle™ Factoring is a web-based, platform-independent solution that enables business transformation with efficient, integrated management of the various assets involved in the receivables finance business. This multi-currency system with international language support enables receivables finance institutions to help clients address key business issues like centralizing business operations, using resources optimally and leveraging technology investments via a comprehensive suite of receivables finance tools. It focuses on critical business issues like flexible product offerings, increased business volumes, rapid transaction turnaround and straight-through processing. The solution assures enhanced business efficiency, optimum productivity and maximized profitability.
With its contemporary design, this J2EE-compliant solution facilitates the handling of all standard forms of products. Domestic/Cross-border, Collection Services, Invoice Discounting, Dealer Financing, Supplier Financing, In-house Factoring (Shadow Ledger), Asset Based Lending with variations for Recourse/Non-Recourse, Notified/Non-Notified and Current Account / Invoice Level Funding. Moreover, to suit the diverse needs of each organization, it is available in a variety of deployment models—software as a service, ASP, rental and traditional licensing.