Factoring Support Services

Is your factoring business besieged with challenges? Overcome them with our optimized factoring support services. From meticulous documentation to credit risk mitigation, we provide tailored solutions to enhance the speed and efficiency of your factoring business.

Years of Experience
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Industry Verticals
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Experienced Professionals
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Outsource Factoring Support Services to the Expert

We are a specialized invoice factoring with over 5 years of experience in assisting factoring companies in making the right decisions in financing their clients. We undertake invoice factoring for staffing, healthcare, transportation, manufacturing, professional services, wholesale, distribution, logistics, and fabrication.

We entrust your requirements to knowledgeable staff with a deep understanding of industry trends, best practices, and potential pitfalls. This ensures complete accuracy in doc validation, verification, auditing and payment posting and enables you to take informed decisions and stay competitive.

Our well-defined workflows can be customized to client-specific needs. We run them on secure and reliable platforms to ensure smooth and secure processing of information. Furthermore, we closely monitor our team’s performance and provide regular feedback on improving it. Additionally, we train them regularly to update them on current regulations. All these together help us ensure we provide quality services to our clients with unmatched consistency.

The ARN BPO Advantage for Back Office Services

Reduced Administrative Burden

Our efficient inventory management systems integrate purchasing, production, and planning and streamlines your operations to increase inventory turnover.

Reduced Risk

We bank on a meticulous process to validate and audit factoring documents such as rate confirmation, bill of lading, etc., to eliminate errors that can lead to costly mistakes.

Improved Scalability

Our comprehensive back-end support services are highly scalable and are designed to assist you meet the fluctuating demands of growth without losing out on time.

Enhanced Customer Relationships

We lend your business the efficiency and agility it needs to increase customer satisfaction (clients, debtors, and brokers), and meet the need of customer satisfaction and retention.

Enhanced Competitive Edge

Our support services will help you handle larger volumes of invoices at any given point of time which can assist you grow your business with greater ease.

Our Comprehensive Factoring Support Services

Catalog Management

  1. Catalog Building and Indexing
  2. Catalog Conversion Services
  3. eCommerce Catalog Processing Services
  4. Catalog Updating Services

Data Management

  1. Data Entry Services
  2. Outsource Data Mining Services
  3. Forms Processing Services
  4. Transaction Processing services

Data Entry

  1. Online Data Entry Services
  2. Offline Data Entry Services
  3. Logistics Data Entry
  4. Image Data Entry Services

Data Processing

  1. Data Enrichment Services
  2. Transaction Processing Services
  3. Forms Processing Services
  4. Word Processing Services

Transaction Processing & Management

  1. Order Processing Services
  2. Insurance Claims Processing Services
  3. Credit / Debit card applications processing
  4. Account openings / amendments and audit checks
 
 

Billing & Invoicing

  1. Scanned Invoices / Purchase Orders
  2. Structured and Unstructured Documents
  3. Email Attachments
  4. Credit and Debit Memos

Invoice Audit/ Validation

  1. Data Entry Verification
  2. Duplicate Payment Identification
  3. Compliance Verification
  4. Reporting and Analysis

Load Verification/Pre-Purchase Verification

  1. Discrepancy Resolution
  2. Data Collection and Reporting
  3. Invoice Verification with Debtor ( Voice & Non-voice)

Fuel Advance Processing

  1. Verification of Pickup
  2. Document Verification
  3. Reporting
  4. On Call Services 24×7

Collection Follow-up

  1. Payment Reminders
  2. Account Reconciliation
  3. Credit Reporting
  4. Handling Escalations & Discrepancies

Onboarding/ Underwriting

  1. Credit Checks
  2. Background Checks
  3. Industry Research
  4. Customer Onboarding/Training
 
 

Post Purchase Verification

  1. Check with Debtor
  2. Confirm Reception of Docs
  3. Handling Escalations
  4. Re-sending Paperwork

Sales Support Services

  1. Appointment Setting
  2. Emailing/Telecalling

Account Executive Services

  1. Handling Customer Service
  2. Handling escalation
  3. Inbound Call

Bookkeeping Services

  1. Bookkeeping to Trial Balance
  2. Preparation of Final Accounts
  3. Cash Flow/Budget
  4. Preparing Closing Entries
Testimonial

What Our Customers say

Working with ARN BPO has allowed us to reduce overhead costs and increase our efficiency. Their expertise in factoring support services is second to none. Outsourcing this to ARN BPO has been one of the best decisions we've made for our business.
James Frank
CEO, Factoring Firm, UK
ARN BPO' factoring support services have been an essential part of our decision-making, helping us to stay competitive and profitable in a challenging market. Today, our factoring operations are running smoothly, and our customers are happier than ever.
Vincent Paul
CEO, Third Largest Factoring Company, Canada
Our partnership with ARN BPO has been a game-changer for our business. Prior to partnering with them, we were struggling to keep up with the high volume of invoices and collections. Their factoring support services have enabled us to bring this under full control.
John Smith
COO, Leading Factoring Company, US

The Most Trusted Invoice Factoring Support Service Provider

As an established player within the factoring support space, we have been delivering comprehensive back-end support services since 2000 to companies in the US and European markets. Our clientele includes factoring companies specializing in supporting trucking, logistics, freight forwarders, insurance, payroll, pawn, equipment manufactures, and more. We offer an expert team, cutting-edge technology, and unparalleled customer service, to develop and deliver custom solutions for your unique needs.

1000
+

Finance & Accounting Professionals

4
M+

Invoices Processed

20
M+

Value of Invoice Processed

99
%

Accuracy Rate

28
%

Cost Reduction