There is a significant amount of empirical evidence that supports the benefits of receivables financing, also known as invoice financing or factoring. This evidence comes from a variety of sources, including academic studies, industry surveys, and case studies. Here are a few examples of this evidence:
- A study published in the Journal of Corporate Finance found that companies that use receivables financing have better cash flow and financial performance than companies that do not use this financial tool.
- A survey conducted by the International Factoring Association (IFA) found that businesses that use receivables financing are more likely to report improved cash flow and increased sales than businesses that do not use this type of financing.
- A case study published by the IFA describes how a small business was able to improve its cash flow and reduce its risk of bad debt by using receivables financing.
In conclusion, there is a wealth of empirical evidence that supports the benefits of receivables financing. This evidence shows that businesses that use this financial tool are likely to experience improved cash flow, reduced risk of bad debt, and better financial performance.
Qube Account Receivables Finance Added Value
PRI® inside Platform
The fully automated solution for account receivables (or AR) financing by PRI® inside offers:
- Daily (re)purchase of invoices
- Daily portfolio analysis and portfolio review
- Daily notification of purchased receivables
- Daily settlement of credit-notes and uncollectable invoices
- Daily liquidity calculations
- Full ‘track and trace’ solution, all required steps are logged and documented
- Fully automated data-exchange after one-off implementation of data-exchange protocol
- Daily funding and settlement towards participating companies & institutions
- Fully integrated risk, operational and legal framework
Set-up for daily settle-ment routine is defined on automated interface between client’s financial and operational systems and Qube’s PRI® inside. Interface will be implemented and supported by Qube Servicing.
After go-live Qube’s clients will have access to all daily settlement reports with automated instructions for payments if required, resulting in a very limited work-load for clients on an ongoing basis.
PRI® inside has been developed based on the in-depth experience with receivables finance with the objective to have a fully front-to-backend automated receivables finance platform based on historic and actual data which to provide full insight & transparency which will be evidenced by demo on request.