The Trefi Finance tool easily enables finance management, and may be customized for financiers.
FORMS OF FINANCE
Using the tool lets you arrange multiple financing forms:
- Receivable-based overdrafts; that is, finance like an overdraft limited by the value of your invoices. Never borrow more money than your company needs.
- Value-based factoring; get the full value of your invoices on your company’s account the next working day.
- Reverse factoring (supply chain finance); select the invoices you need to finance and receive funds in the designated accounts.
Trefi supports dynamic discounting. A company may include a dynamic discount when an invoice is issued.
Also, multiple forms of financing may be selected and active at the same time, giving you total control.
Trefi’s Finance Tool allows the customer to negotiate financing terms and conditions with financiers.
Financing is always provided in an invoice’s currency. A company may receive financing in multiple currencies at the same time, depending only on the currency they used to send invoices to customers.
ACCOUNTING FOR INVOICE FINANCING
The Trefi Finance tool illustrates the book entries made for financing that may be incorporated in your company’s accounting. It also shows exactly which invoices have been financed, all the details of each transfer, and the characteristics and amount of finance provided.
Trefi’s Finance Tool supports the creation of accounting users that provide an interface for your company’s designated accountants to aid in their tasks. This access allows them to manage Trefi accounting for all of their customers.