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      Factoring Management

      The Factoring Management Page is designed to give users comprehensive visibility into shipments eligible for factoring. It allows filtering, tracking, and factoring actions on delivered shipments within a specified date range.

      Key Features and Functions

      1. Eligibility Requirements for Shipments

        • The Customer's Preferred Invoicing Method must be set to Factoring. Otherwise, the shipment won't be available on the factoring management page.

        • Carriers being factored can have the Factor Automation flag toggled on or off.

        • If the flag is off, a warning appears on the Factoring Management Page, indicating the carrier is not factored. In this case, only the customer’s data is transmitted to the factoring company.

      2. Filters
        Users can customize their view by applying the following filters:

        • Factored Status: Not Factored, Factored, or Show All (--Select--)

        • Vendors

        • Customers

        • Shipment ID

      3. Data Displayed
        The page provides the following detailed data columns:

        • Shipment ID: Unique identifier for each shipment.

        • Invoice Payer Name: Name of the entity responsible for the invoice.

        • Invoice Total: Total amount of the invoice.

        • Invoice Delivered Status: Verifies that the invoice has been successfully delivered to the end customer through TMS.

        • Vendor Name: Name of the vendor involved.

        • Vendor Total: Total amount billed by the vendor. (If the Bill has not been approved, a red warning icon ⛔ shows up. It is mandatory to have the bill approved. Otherwise, information will be sent over with missing information).

        • Factored Status: Indicates whether the shipment has been factored.

        • Document Status: Ensures all required documents for factoring are complete and available.

      Factoring Actions

      Users can take the following actions on the Factoring Management Page:

      1. Reset ⟲: Clears filters and restores the default view.

      2. Mark as Factored  ✔ : Updates the status of selected shipments to factored.

      3. Factor Shipments: