Electronic factoring in the process of managing accounts receivable

The article discusses the features and advantages of factoring over classical lending, as well as the possibility of using electronic factoring in order to improve the efficiency of accounts receivable management. In the last few years, the growth of factoring financing and an increase in the number of clients has been due to the development and implementation of innovative solutions, mainly in the field of electronic technologies. Electronic factoring is currently actively developing, the main purpose of its implementation is to simplify and accelerate the interaction between the factoring company and the client. The introduction of electronic factoring makes it possible to fully solve the problems of effective management of accounts receivable.