Product Overview

ABL

• Cync ABL supports several classes of assets
  • Summary or Bulk A/R Collateral
  • Detailed A/R Collateral
  • Maintain Current AR Collateral
  • Inventory Collateral
  • Equipment Collateral
  • Other Collateral Assets
• BBC Automation
• Client Portal
• Document Management
• Supports REST APIs for interfacing
• Commitments
• Sub Limits
• Seasonal Advance Rates
• Contra and Global Assignment
• Lender Notifications can be sent through the application, email or text
• General Ledger Tracking and Export
• Interface with Quickbooks
• Activity Tickler System
• Final Loan Payoff Calculations and Statement generation
• Analyst Workflows
• Robust Reporting

Factoring

• Recourse & Non-Recourse Factoring
• Dashboard
• Letter Processing & Tracking
• Manage risk with automatic invoice validation
• Ability to attach multiple documents/images to specific invoices
• Electronic Verification of Invoices
• Cash receipt application with bank file and image upload
• Easy printing of reports
• Historical comments tracking
• Collection Tickler for follow-up actions
• Document Management for easy retrieval of uploaded documents
• General Ledger Export
• Client Portal
• Broker Commissions
• Invoice Discounting

Client Portal

• Lender Benefits:
  • Staying connected to your clients anytime, anywhere
  • Improved communication
  • Secured information sharing
  • Time saving features that allow the client to upload invoices and submit requests
  • Branding with your company’s logo, look and feel
  • No additional fee for this service
• Client Benefits:
  • Ability to upload or manually enter invoices and submit requests
  • Improved communication
  • Access to reporting
  • Secure environment to access real time information
  • Cash Receipts entry and reports
  • Check image attachment