Ethniki Factors has implemented ENTERSOFTONE IMPACT ’s EDI solution, achieving full digitization of the invoice dispatch process and automated notification of business receivables.
In this context, National Factors, a specialized business receivables agency and subsidiary of National Bank, is modernizing its services by introducing a new standard for digital connectivity with partner companies, with the aim of improving the quality and speed of data exchange.
The new end-to-end data flow ensures the direct exchange and recording of documents between the enterprise resource planning (ERP) systems of both parties. In this way, communication transitions to a fully automated digital environment, permanently eliminating the need for Excel or PDF files, as well as data exchange via email.
The implementation of automatic data validation mechanisms ensures the absolute validity of the data and eliminates errors from manual entries, while monitoring the flow through the EDI Management Console enhances transparency and operational control at every stage.
ENTERSOFTONE IMPACT’s EDI solution allows integration with any existing operating system without the need to modify a company’s existing infrastructure. Furthermore, businesses already part of ENTERSOFTONE IMPACT’s EINVOICING network can immediately activate the new service as EDI-ready, reducing implementation time and accelerating the creation of business value.
By leveraging the EDI service, National Factors is advancing the digital transformation of the assigned receivables notification process, emphasizing data reliability, automation, and the optimization of operational procedures.
Alexandros Kontopoulos, CEO of National Factors, stated:“At National Factors, we are constantly investing in solutions that simplify processes and reduce the time it takes to serve our customers. Our partnership with ENTERSOFTONE IMPACT reinforces our commitment to offering modern factoring services that meet the market’s growing demand for simplicity, speed, and reliability.”