The Leader in Small Business Accounts Receivable Factoring Services
What is an extranet?
An extranet is a private, secure, password protected, extension of a corporate intranet or website where organizations build persistent network links with customers, vendors, or other business partners, and in which all partners with access rights can collaborate and conduct business, internally, on the site. What is a factoring extranet? 21st Capital Corp owns and operates the only factoring extranet in the world, which enables us to seamlessly connect our clients, their customers, and ourselves in the factoring process. As a result, we are able to fund our clients faster and provide them with unique web factoring, which are not available elsewhere. Details It consists of a server which contains a database or invoice data warehouse resulting from our clients having created their invoices using either our exclusive, proprietary online invoice creation software, or having uploaded Quickbooks® invoice data to our server. |
We are the only Paperless Factoring CompanyAll aspects of the factoring process are paperless, except for one thing: we do mail paper invoices to our clients' customers. However, unlike all other factoring companies, our clients never mail paper invoices to us to factor. Details The initial signup process: There is no paper to fill in, sign or mail. All documents are electronic and are signed electronically. The online invoicing process: Invoices are created online paperlessly using either our exclusive online invoice creation technology or are created offline in Quickbooks® and the data is uploaded to our server. Backup documents supporting the invoices:  Paper documents
are faxed to us using our bar coded fax cover sheets and automatically stored as TIFFs in our virtual filing cabinet Computer files
consisting of scanned paper documents, Microsoft Word®, Microsoft Excel® spreadsheets, PDFs, or other computer files are uploaded and stored
in our virtual filing cabinet in their native format.
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Your invoice data makes our Web Services possible Automated invoice verification Automated invoice collection Free Email Funding Alerts Free Text Message Funding Alerts Extensive online reporting
It's a totally flexible system
Go totally paperlessYour workers will enter their time electronically on the internet, and he/she and his/her manager will electronically sign the timesheet, or Use a hybrid systemIn this case, your workers will enter their time electronically on the internet, but they will print a paper version of the timesheet which both the worker and his/her manager/supervisor will sign, conventionally. Either way, you're invoicing will be automated Our Free Electronic Timesheets system effectively outsources your billing time to your workers/contractors, and reduces it to practically zero, which will enable you to spend your new free time developing new clients & growing your business. Free Quickbooks® Timesheet Integration Using our exclusive software, you can instantaneously import your workers' time from our database into your Quickbooks® over the internet, and then create your invoices in Quickbooks® from the timesheet data. Now your workers' time and the invoices containing the time reside in your Quickbooks®. To factor the invoices, you merely upload the Quickbooks® invoice data to our server. Watch the 8 minute Electronic Timesheets video |
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