Products :: A/R Navigator
FundManager

DrawDown Board

Intranets

 

 

 

Asset Based Lending / Factoring
A/R Navigator streamlines the receivables financing process with powerful reporting and fraud protection monitoring.  A/R Navigator manages the entire extension and collection process of receivables financing, including invoice tracking, G/L posting, aging, statement billing and lockbox processing.

Why You Should Consider A/R Navigator

EXPERIENCE
  • A proven track record since 1999
  • Quality references

PRICE AND PRICING FLEXIBILITY

  • Lowest price in the market
  • Variable levels of service

HIGHER YIELDS FOR YOU AT THE LOWEST COST TO YOUR CUSTOMERS

  • Low price allows you to maintain yield requirements while reducing customer costs.
  • Yields often exceed 2 to 3 times that of a typical line of credit.

SUPERIOR SOFTWARE

  • Built-in program guidelines
  • Lockbox collection of payments
  • Real time data available
  • Monitoring and verification features.

SAFETY, SAFETY, SAFETY

  • Constant monitoring
  • Control of the payment stream

Receivables financing, or factoring, is the process of a financial institution buying a accounts receivable in order to facilitate positive cash flow with a reliable collateral.   Customers send their payment to the processing center and the merchant's account is credited.

A/R Navigator was designed to handle the additional requirements of banking institutions, such as movement of funds between checking and savings accounts.  However, it is a full-featured solution for traditional industry factors as well.

6 Reasons that Receivables Financing managed by A/R Navigator is the best solution for Your Customers.

  1. Properly structured and monitored, small business lending is an excellent way to safely increase loan volume, fee income and profitability.
  2. Small businesses' primary company assets are accounts receivable and inventory.
  3. Traditional line of credit loans often create more, not less, financial difficulties for fast growing small businesses.
  4. 57% of businesses across the country offer prompt pay discounts to their customers for the purpose of accelerating cash flow.
  5. Small businesses often factor their accounts receivable at discounts that range from 2.5% to 8% just to create improved cash flow.
  6. Small businesses often incur significant cost such as overdraft fees, late fees, various tax penalties, missed discounts and missed special pricing on bulk purchases because of slow cash flow.

A/R Navigator is a proven system providing powerful reporting and a streamlined user interface.  Contact Prominent Technologies today for more information.

A/R Navigator requires Microsoft Windows 2000 or Microsoft Windows XP Professional and utilized the Microsoft SQL Server database platform.  A/R Navigator was developed using the Microsoft Visual Studio development platform.

 

For more information on any of our products or
custom software solutions,
contact Prominent Technologies.