Supply chain payments

Factoring firms face slow cross-border buyer payments and uncertain settlement timing, undermining working capital efficiency and increasing risk. Reconciliation problems requiring manual intervention.

Real-Time Receivables Settlement for Factoring Firms with SRTP + SEPA Inst

Factoring firms can streamline and accelerate their receivables cycle by integrating SEPA Request to Pay (SRTP) and SEPA Instant Credit Transfer (SEPA Inst) into their collections and settlement processes.

How it works:

1. Invoice Assignment - A supplier assigns a receivable to the factoring firm through the platform (e.g., post-delivery of goods/services).
2. SRTP Triggered to Buyer - The factoring firm sends a structured SEPA Request to Pay to the buyer, referencing the assigned invoice and payment terms.
3. Buyer Pays Instantly - The buyer reviews and confirms payment via SEPA Inst through their bank or ERP-integrated interface. The funds are credited to the factoring firm within seconds, even across borders.
4. Real-Time Reconciliation - The factoring system automatically reconciles the settled SRTP, updates the status, and releases the residual balance (minus fees or prepayment) to the original supplier.

1. Immediate capital turnover - factoring payment settles in seconds
2. Reduced Days Sales Outstanding (DSO) - faster receivables acceleration
3. Improved cross-border liquidity and efficiency - audited, structured, seamless

A Spanish supplier sells to a French buyer and assigns the invoice to a factoring firm. The factor triggers a SEPA Request to Pay (SRTP) to the buyer, who confirms and pays instantly via SEPA Inst. The funds settle immediately and the factor reconciles automatically, releasing any remaining balance to the supplier.