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IMS_efs, is an application for customers’ online information and is one of the most important modules of IMS Factoring Suite.

IMS_efs can either operate as an individual application or as an additional module of each bank’s factoring application. The modern economy market demands that all services should be accessed through internet and IMS_efs provides that. By this way the customers can have online information and the bank has significant cost reduction.

IMS_efs is able to connect to the bank’s web banking application, using its Security Authentication. It can be customized in order to keep the user interface according to the bank’s requirements so that the user will not notice the transition between the two systems. Also it has the ability to operate individually as long as the user owns an independent Security Management Module.

IMS_efs includes an Online Import of Transactions Process which reduces the company’s operating cost by accepting mass of the invoices that the factoring department send.
The main features are::                           
 • The user has the ability to view all the necessary information as a customer or as a buyer as well. This feature provides to the company information about the financial flow between the company and the bank.

                                  









Finally, IMS_efs is a web based application implemented with the latest development tools and can easily cooperate with other web applications providing flexibility to view data online.





•  The factor has the ability to allow access to other factors in order to have immediate information about their co operations. This multi-role functionality offers the ability to IMS_efs to connect to the customer’s or the buyer’s ERP.
•  The buyer can select the invoices that will be paid out. The application automatically obtains electronic payment code which can be used in the e-Banking system and also executes automatically a total of processes, such as collections and distribution of the selected invoices, resulting the factor’s operating cost.
• Operates 24/7 so that the customers can have access anytime,   anywhere through the internet. The bank reduces paper use and phone support.
• Provides the ability to collect data from the bank’s independent factoring installations ignoring their physical location, so that all the data can be viewed through a Single Point of Access.

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