Invoice factoring is an ancient, paper-based business model that has hardly changed since its inception centuries
ago.
Here's how the other factoring companies operate
Our Exclusive Paperless, Factoring Extranet is a secure, password protected website where you, your customers and our personnel, collaborate virtually, in real-time, in the entire invoice factoring process. Think of it as all 3 parties working in the same virtual office. The result? The fastest invoice funding in the invoice factoring industry.
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The Only Paperless Invoice Factoring System
Fastest Invoice Funding Available
The other invoice factoring companies are paper-based. They can't fund until they receive all
paper invoices and backup documents. 21st Capital Corp can fund in real-time, because our
extranet connects all partners to the invoice factoring transaction: your company, your customers and
our personnel in a 24/7 virtual invoice factoring office eliminating the necessity for paper documents. And
we usually fund the same day you create your invoices.
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Online Invoice Creation - Amazing
Unless you use Quickbooks, you will create your invoices for factoring, paperlessly, using our online invoice creation system,
which is available 24/7. The other factoring companies are paper-based. They can't fund until they receive all paper
invoices and backup documents. 21st Capital Corp can fund in real-time, because our
extranet connects all partners to the invoice factoring process: your company, your customers and
our personnel in a 24/7 virtual invoice factoring office eliminating the necessity for paper documents. And
we usually fund the same day you create your invoices.
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Smartphone Factoring - Incredible
Our amazing smartphone integration technology enables you to use your smartphone on our
powerful invoice factoring extranet as if it were a desktop or laptop computer, such as:
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Factor from Quickbooks - Simple & Productive
Quickbooks users can create factored invoices offline and upload the invoice data to our server avoiding double data entry.
We support both the Quickbooks desktop and online versions. We also adjust your Quickbooks over the
internet - see "We Keep Your Accounting System Balanced," below.
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We Keep Your Accounting System Balanced
Invoice factoring will cause your accounting system to be out-of-balance and it must be adjusted, because
you sold the asset (account receivable) and received cash. We automagically write the adjusting
factoring journal entries to Quickbooks over the internet. We display the factoring adjusting
entries on our website for all other accounting systems so you can just copy & paste.
Just Login, select Transfers from the History menu and click Import to Quickbooks for any transaction.
The link is not present if you have already imported a transaction to Quickbooks.
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Email & SMS Alerts
We notify you by email of all important factoring events on our extranet affecting you, and you can
can opt-in and receive text messages (SMS), also.
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Automated Verification & Collection System
All other invoice factoring companies verify & collect invoices with incessant telephone calls. Our system
is automated and uses emails and web pages, instead. It's infinitly superior to pounding your customers'
employees with phone calls.
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Extensive Reporting Including Online Aging
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Electronic Timesheets for Staffing Companies
Our electronic timesheets enable you to effectively outsource your factored billing to your workers, who
create the timesheets. This process virtually automates your billing freeing you to concentrate
on growing your business.
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Smartphone Invoice Factoring - Incredible!
Can you imagine creating invoices online and factoring directly from your smartphone? Amazingly, our mobile site is smartphone optimized and has virtually all the functionality of our classic extranet site, with a few exceptions, such as, Quickbooks integration & document uploading. Visit our mobile site by pointing your smartphone browser to www.21stcapital.com or just focus the camera in your QR enabled phone on the QR Code, above.
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HTML5 Video Demos Learn All Aspects of Our Unique Invoice Factoring System |
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