Factoring Agreement Vertaling
Unlike basic factoring, the initiative does not come from the supplier who would have submitted invoices prior to the factor to be paid. This time, it`s the customer who starts the process – usually a large company – and selects invoices that they get paid by the postman. And then the supplier chooses himself which of these invoices he must pay by the postman. It is therefore a cooperation project between the customer, the supplier and the postman . Reverse factoring is an effective cash flow optimization tool for companies that outsource a large volume of services (for example. B clinical research activities of pharmaceutical companies). The advantage for both parties is that the company providing the services can receive the unpaid value of its invoices in 10 days or less. normal payment terms of 30-45 days, while the customer can delay the actual payment of invoices (paid to the bank) by 120-180 days, thus increasing cash flow. After the initial phase of cash flow optimization, it is not clear if this will remain value to the customer, since you then pay roughly equal monthly bills, provided that your outsourced services are stable/on average above the year/future periods. The cost of “money” is a fixed interest rate normally tied to an index, plus a bps adjustment. Factoring wint enorm aan populariteit, met name bij de ruim 1 miljoen ZZP`ers en MKB`ers in Nederland.
Maar wat zijn nou precies de voordelen ? We hebben ze voor je op een rijtje gezet. Een goed factoringbedrijf bied je de volgende voordelen: By participating in the reverse factoring process, the postman realizes an advantage by making cash available to the supplier and supporting late payments in its place. However, unlike factoring, the factor in this situation lies in a more sustainable business relationship, as everyone benefits. Another advantage for the financier is that he works directly with major contractors; This means that instead of following every supplier in that company, they can reach all suppliers faster and easier and do business with them. Therefore, the risk is less important: it passes from many fragmented risks to a single and less important risk. Met factoring hoef je dus niet niet langer te wachten en beschikt je direct over jouw zuurverende centen. Zo kan je weer focussen op datgene wat er toe doet : ondernemen ! To fully understand how the self-factoring process works, one needs to be familiar with trade discounts and factoring. Indeed, the reverse could be seen as a combination of these two methods, which make it possible to spread the benefits between the two stakeholders. To better understand the process, it is necessary to examine the eight particular aspects of these three financing methods: unlike traditional factoring where a supplier wants to finance its receivables, supply chain financing (or reverse factoring) is a financing method initiated by the customer (the customer) to help its suppliers finance its receivables more easily and at a lower interest rate, that it would normally be proposed.
In 2011, the reverse factoring market was still very small and accounted for less than 3% of the factoring market. [Citation required] The supplier pays his invoices earlier; As a result, it can more easily manage its cash flow and reduce the costs of receivables management.. . . .