eFactoring is a factoring system providing full automation of factoring. Its primary advantage is the capability for reducing administrative costs related to automation of the process of accounting factoring transactions and reduction of all paper documents to a minimum.
The system consists of an internal part – TRADE (for the FACTOR) and an external part - eTRADE (for the SELLER – of receivables – and for the debtor), and in its entirety, it guarantees full security of transactions and enables direct electronic communication between all parties to the process