What is FactR?
Blockchain is a shared, distributed ledger that facilitates the process of recording transactions and tracking assets in a business network.
With traditional methods for recording transactions and tracking assets, participants on a network keep their own ledgers and other records in systems that do not always integrate. It is clearly inefficient due to delays in executing agreements and the duplication of effort required.
By using a Distributed Ledger, your data is secure, decentralized, and enables partner integration and peer-to-peer replication
Permission based semi-private Smart Contracts allow for your business relationships and partnerships to be mirrored
FactR means that you get paid fast, like, right away! Pay less factoring fees and lower your receivables overhead.
Our Intelligent TMS, and integrated App make the entire end-to-end process as hands-off as possible. Easy is good.