Cash Works is a digitized ability to offer financing (factoring and reverse factoring) of bills and to ensure that there is a digital KYC / AML complaiance. The solution allows you to send a message about financing option through payment intention / instruction. Cash Works can also be connected to digital invoicing platforms and streamline the entire billing process and reduce the number of days it takes from a sale and delivery takes place to the supplier has money in the account, inter alia, by capturing invoice approval and payment instructions. The object of the invention is to provide liquidity through an efficient, flexible and digitized solution for individuals and companies (suppliers) that the supply of goods or services (to buy), is entitled to payment under an (approved) invoice or bill. The solution is effective because it offers easy access to liquidity for an unlimited number of suppliers regardless of their business volume, credit or other access to finance. The solution

摘要

Cash Works is a digitized ability to offer financing (factoring and reverse factoring) of bills and to ensure that there is a digital KYC / AML complaiance. The solution allows you to send a message about financing option through payment intention / instruction. Cash Works can also be connected to digital invoicing platforms and streamline the entire billing process and reduce the number of days it takes from a sale and delivery takes place to the supplier has money in the account, inter alia, by capturing invoice approval or betalingsinstruktionen.Formålet the invention is to provide liquidity through an efficient, flexible and digitized solution for individuals and companies (suppliers) that the supply of goods or services (to buy), is entitled to payment under a (approved) invoice or bill. The solution is effective because it offers easy access to liquidity for an unlimited number of suppliers regardless of their business volume, credit or other access to finance. The solution is also effective because it provides cash quickly, and requires minimal adjustments in the suppliers and buyers internal workings and systemer.Løsningen is flexible because it is useful in the context of existing payment infrastructure on display, for example. financial institutions, but it is also useful in an independent basic example. for handling groups of companies internal and external payments. The solution works also in interaction with existing solutions for invoice processing, but the solution also functions independent of such solutions. Finally, the solution is flexible, because it works in combination with various sources of liquidity, and as such is independent of the banks or other financial institutions.