Fauree

Fauree is a powerful and intuitive SAAS platform that interfaces with corporate ERP systems to enable automated financing and risk management of payables transactions for large institutions. Fauree offers a seamless, fully integrated digital platform for invoice management including customizable discounting rules for application to each distinct invoice or set of invoices. A fully digitized system enables banks to leverage historical data to offer financing against low-value invoices, as the platform reduces the cost and time associated with due diligence and verification. Fauree is a powerful, intuitive platform that interfaces with corporate ERP systems to enable automated financing and risk management of payables transactions for large institutions. Payables Finance allows corporates and businesses to extend financing to their suppliers at advantageous rates through dynamic discounting. This will enable buyers to extend payment terms on their payables and suppliers will quickly receive their receivables. Unlocking working capital for redeployment into other business initiatives. Enter supply chain financing, which collects SME data from large Corporates, and acts as an intermediary. Which facilitates timely payments for the SMEs while also offering an early payment discount given by the suppliers. Not only does supply chain finance ease the transition, but it also creates a win-win situation for all stakeholders including the SMEs, Corporate Buyers, and lenders.