The Faktor42 module provides an efficient solution for managing the entire process of factoring and receivables purchase activity, from the receipt of interest, through the offer and contracting process, to the management and closing of transactions. It meets the requirements of modern software, is accessible online from anywhere, has multi-level authorization management, and has a high degree of automation. The flexible automation system greatly reduces the amount of manual work, thereby significantly increasing the time spent by the company’s staff on activities that create real value.
Thanks to its process-driven architecture, it guides the user through the daily workflow, creating the conditions for secure and efficient case management. Flexible parameterization to adapt to the different factoring products and business processes on the market, both for factoring houses and refinancing banks.
The factoring module, like all the modules developed by Office42, is integrated into the Bitrix24 system, taking full advantage of all its benefits. In addition to the built-in modules of Bitrix24, the Faktor42 system includes the Partner Maintenance module, the Master Data module, and the Factoring module designed to serve the factoring activity.

CRM MODUL
Management of stakeholders, companies (clients, insurers, banks, factories, agents), groups of companies, individuals and businesses
Customer data management: basic data, bank account data, locations, balance sheets, financial indicators, events, ratings, contact details
Interconnection with the official company information database, automatic data uploading, continuous monitoring of data changes and events
Active limit management (cedants, obligors, insurers, group limits) and maturity monitoring
Flexible process management: contracting, bidding, limit request, status-driven automation
Interaction management: tasks, calls, meetings, and emails that can be linked to CRM elements
Automatic quote generation and billing (API connection to billing systems)
Versatile reporting options: pre-defined reports, custom reporting, and automatically generated reports.
MASTER DATA MODULE
Exchange rate and interest rate registers: automatic daily update of exchange rates, base and reference rates
Bank voucher management: scanning of bank statements in different formats, automatic partner identification, business line grouping, and discounting suggestions
Advertisement management: registration, management, and use of the company’s advertisement conditions for invoicing.


DASHBOARD
Real-time business line data, elements that can be parameterized according to authorization levels, widget functionality, and flexible customization options.
CONTRACTS
Framework contracts: management of recourse and non-recourse contracts, collateral and coverage registration, automatic settlements and reports, parameterizable fee structure, automatic fee calculation and prescription, automatic generation and sending of warning letters
Financing contracts: management of own and different types of external source contracts, source cost calculation, active limit management, and maturity monitoring
Commission contracts: parameterisable commission structure, automatic commission calculation, specification and settlement
Digital archive: document generation and document storage.


BUSINESS
Wide range of product management: recourse and non-recourse, “collection only”, maturity factoring, supplier program, etc.
Full limit management: limit calculation, maturity monitoring, financing limitation
% fee sharing between Licensor and Obligor, different interest payment settings for different periods
Guarantee fund and bail management: automatic retention and settlement
Management of insurance contracts and related limits and deadlines
Generation and management of fee requests, and automatic invoicing.
INVOICE MANAGEMENT
Managing the invoice acceptance, verification, rejection, and payment extension process
Storage of documents related to the financing (invoice, confirmation of payment, payment extension, decision)
Managing part-financing, mixed financing, partial payments
Management of financial envelopes, generation of drawdown, and provisioning documentation
Calculation of the amount to be disbursed
Management of active maturities: maturity of obligor, maturity of financing, maturity of refinancing
Keeping up-to-date records of the factored stock at the account level.


PAYMENTS AND TRANSFERS
Scanning bank statements, automatic payer identification
Recommendation for payment debiting and payment advice note management
Generation of bank dispatch file for payments
Informative and clear interface for settlements.
REPORT
Detailed stock reports
MNB reporting
General ledger dispatch
Management information system: turnover, commission, risk management, controlling reports
Pre-defined and customizable reports
Export options.


GENERAL PROPERTIES AND SYSTEM ARCHITECTURE
Multi-currency management
Multilingualism
Automatic logging
Efficient information flow: automatic internal (message, task, etc.) and external (e-mail, client portal) notifications
Web access along with desktop and mobile applications.
Partnereink

Hörmann Hungary
“The system has met our expectations, it is very helpful in areas where we use it, such as: leave records, fault logging, delegating service work, and CRM.
The colleagues at Office42 have an excellent knowledge of the system and are always very helpful and knowledgeable.”

Impulzus Projekt SRO
“We have been using Bitrix24 since 2016 as part of a partnership that has fundamentally changed the way information flows within our business.
It has been perfectly tailored to our daily operations, providing maximum support for the display and storage of incoming and outgoing information with an easy-to-use interface that is fit for the 21st century.”

Saubermacher Hungary
“Our organisation uses CRM, PM and Drive as well as messaging functions primarily. These make it much easier to organise daily work, organise tasks and communicate directly.
To the best of my recollection, we have never had an enquiry that we have not received a response / solution suggestion.”

Arc relocation Hungary
“Our company has been using Bitrix24 for 7 years now, covering almost the entire spectrum of our processes.
All our services are tracked in it, from order to invoicing, which is a great help for us, and it can also be used well with other external applications, so our overall assessment is very positive.”