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Electronic Data Interchange
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Electronic Data Interchange >>Factors
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The EDI module for factors allows companies to electronically communicate vital information with their factors.
Product
Features
- Supports special EDI format files to CIT Bank & Rosenthal factor for
the following transactions.
- Send sales order.
- Send order confirmation request.
- Receive order confirmation from factor.
- Generate order confirmation data report.
- Automatically update orders with received confirmation data (status,
hold/decline reason, approval numbers, and approved amount.).
- Send Invoices and Credit memo to factor.
- Send invoice and receive acknowledgment files following EDI ASC X12
standards to the following factors.
- Heller Financial.
- Bank of New York.
- HSBC Bank.
- Nations Bank.
- Republic Factor.
- Sun trust Bank.
- Capital Factor.
- Century Factor.
- GMAC factor.
- MIRBERG factor.
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