UNBIAS for Factors

Factors use UNBIAS to detect and prevent fraud. Factors have better insight in the validity of invoices and can check if an invoice has already been factored. With the payment routing functionality of UNBIAS, factored invoices are always paid correctly. As a result, single invoice factoring is better enabled.

Prevent double factoring

Double factoring of invoices is prevented using UNBIAS. Check in UNBIAS if an invoice has already been factored and easily register factored invoices.

Prevent wrong payment

An estimated 5% of factored invoice are paid to the seller rather than the factor. This is prevented using UNBIAS by routing payment based on invoice statuses registered in UNBIAS.

Comply with Dutch legislation

Register factoring indisputably on the UNBIAS blockchain and eliminate costly manual registration processes.