FactorSoft Integration: Automate Your Back Office on Top of FactorSoft
Keep FactorSoft as your system of record and let Zolvo automate the manual work around it. FactorSoft predates the API era, so verification, cash application, collections, and reporting still land on people. Zolvo adds an automation layer on top that reads and writes through the access the platform allows and removes the manual steps, with no rip-and-replace.
What Zolvo automates on top of FactorSoft
- Invoice verification before funding, across email, portals, and AI voice, with duplicate-pledging and fraud checks. See invoice verification.
- Cash application and reconciliation, matching lump-sum, partial, and short payments to invoices against the FactorSoft ledger. See payment matching.
- Collections and monitoring, with multichannel reminders and continuous borrowing base, aging, and dilution tracking.
Frequently asked questions
Does Zolvo replace FactorSoft?
No. Zolvo is an automation layer that runs on top of FactorSoft. FactorSoft stays your system of record and keeps your data and borrower relationships, while Zolvo automates the operational work around it and writes results back.
How does Zolvo connect to FactorSoft if it has a limited API?
Even when a legacy platform has no open API, an automation layer can read and write through the access the platform allows. See automating FactorSoft with no open API.
How long does it take to go live?
A typical deployment is live in about two weeks because Zolvo connects on top of FactorSoft rather than requiring a migration. Compare approaches at Zolvo vs FactorSoft.