Factoring Invoice Verification demo

Every invoice on the schedule checked against its order, its signed delivery and every invoice already funded, before the advance. 1:14

What the demo shows

An invoice solution for factors that checks each invoice against its order and delivery proof.

Six agents read each schedule as it arrives — every invoice matched to its order and signed delivery, fingerprinted against every invoice ever funded, its debtor checked — and sort it into fund now, verify with the debtor and hold, so clean money makes the wire while a person decides the doubtful invoices.

Transcript

  1. Factoring Invoice Verification checks each invoice of factor buys against its order and delivery proof.
  2. Pinecrest sends 46 invoices — by hand, fake surface when the debtor won't pay.
  3. Six agents connect each invoice to its order and delivery, and the clean ones advance.
  4. One reuses a bill of lading funded on September 29th, so it is held.
  5. Corvain's invoice and order connect, but the delivery proof is dated after the invoice.
  6. Pre-billed hold. Tamsin signed for 1,860 of the 2,480 cases billed.
  7. Brookhollow is new. A number the agents found, it confirms all four invoices.
  8. The assistant funds Tamsin's delivered cases.
  9. Lena wires 1.02 million before the cutoff.
  10. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.