• FACT.pilot at a Glance
• Master Data
• Limits
• Purchasing and Funding
• Document Data
• Cash Out
• Fees and Interests
• Risk Management
• Management Cockpits
• Useful Standard Functionalities

Out Payment Workflow

For your own safety the cash out of factoring valuta takes place via the out payment workflow.

The responsible clerk can check the actual availability via the belonging cockpit. FACT.pilot calculates an out payment proposal under the consideration of the deduction of all fees and interests. The clerk can either accept or reject this proposal.

After the responsible person has created an out payment recommendation, it will be automatically forwarded to the supervisor according to the principle of the second set of eyes in order to confirm the proposal. Once the out payment has been approved, the responsible clerk can continue to create the cash out by allotting the bank accounts and generating a bank file.