NiuViu Factoring Suite

NiuViu Factoring it’s a comprehensive factoring suite designed to be usable by multinational financial organizations. It supports management of circulating assets, domestic and international, for imports and exports. It operates directly or through the Factors Chain International (FCI) and International Factors Group (IFG) networks.

NiuViu address most of types of expertise involving circulating assets:

  • Factoring, notified or non-notified, delegated and non-delegated
  • Management Balances assignment
  • Reverse factoring
  • Receivables financing
  • Carry trade transactions
  • Credit insurance
  • Backup securitisation servicing
  • Customer receivables
  • Reminders
  • Collection
NiuViu supports the following technological and business capabilites:

  • Architecture Directly Exposed on the Web: a three-tier (Presentation, Buisness Line, Data) client-server implementation using object mode development, a work-flow development engine, automatic document reading, and XML exchanges with external systems
  • Compete Functional Coverage: pre-sale (prospect tracking, profitability analysis, drafting of sales proposals, contracts, buyer listings); post-sale (contract parameters, pricing, purchasing and financing); purchasers (credit coverage limits, contact details); and the payment reminder / collection and management process
  • Real-time Management: just-in-time processing brought seamlessly up to international accountancy
  • Productivity: computerised exchanges with customers; use of automatic algorithms (credit coverage, invoice classification, reminders, and automatic accounting process); work-flow processes covering risks, dispensations, and large amounts
  • Electronic Connections: to banks, Factors Chain International (FCI) and International Factors Group (IFG) networks, credit insurers, and commercial intelligence agencies
  • Complete Customer Reporting: via the Web, exchanges in file and Web service mode; from summary software for supervising contracts to preparation of historical data
  • Scalability: able to manage significant volumes at optimised cost, depending upon size of the business; can handle volumes up to multi million invoices.