Does your company utilize the services of the Genesis10 vendor management system? If so, you could be getting paid faster and more efficiently by factoring Genesis10’s invoices.
Why Factor Your VMS Invoices?
Invoice factoring for vendor management systems, like Genesis10, lets your business keep a steady cash flow while making payroll, taking on new clients and continuing current operations. Factoring VMS invoices also allows businesses to bring on new employees, purchase new equipment or pay for other needed business expenses without taking money out of future budgets.
What is Invoice Factoring?
Accounts receivable factoring, also known as invoice factoring, is the process of selling your business’ outstanding invoices to a factoring company for a cash advance.
How Does Factoring Work?
Serve Your Clients
Your company services your clients as usual.
Submit Invoice to PRN Funding
After services are completed, submit the invoices to factor to PRN Funding.
PRN Funding then verifies that the work has been performed or products have been delivered.
Receive Cash Within 24 Hours
PRN Funding then advances you the cash your company needs within 24 hours.
Why Choose Invoice Factoring for Vendor Management Systems?
VMS factoring allows your company to balance its cash flow without having to apply for a bank loan or take on more debt or dip into personal finances.
Invoice factoring is the quick, easy way to get the capital your business needs to make payroll during clients’ long pay periods, take on a new project or hire more employees.
Genesis10 is a technology services firm that specializes in staffing, workforce optimization and outsourcing. They have hundreds of clients that range from small businesses to Fortune 100 companies and have been in business since 1999.
Genesis10 is headquartered in New York, but has more than 20 different offices throughout the United States.