Factoring Matching System

Abstract

This system provides a factoring matching system, evaluation system, and evaluation method that streamlines the fundraising process, provides a reliable trading environment, and improves the convenience of factoring services. [Solution] A factoring transaction platform that facilitates factoring transactions on a marketplace where multiple factoring companies and investors gather. The platform includes a marketplace-type matching function that provides a marketplace where multiple factoring companies and investors participate, allowing users to select the most suitable trading partner. A unique evaluation index and sorting function sets factoring-specific evaluation indicators and ranks and sorts trading partners based on these indicators, making it easy to find a reliable trading partner. A user interface designed for improved convenience allows users to quickly compare the evaluations of companies and sellers at a glance, enabling them to quickly identify trading partners with favorable conditions and promoting highly transparent transactions.

Description

Technical Field

[0001] The present invention relates to a platform for factoring transactions, and particularly enables the transaction of factoring cases on a marketplace where multiple factoring companies and investors gather.

Background Art

[0002] Conventional factoring transactions have mainly been carried out as services provided by individual financial institutions or factoring companies, and it has been difficult to standardize and compare between each service. Generally, it is a mechanism where a company conducts one-on-one transactions with a factoring company to cash accounts receivable and raise funds, but there has been no marketplace-type mechanism where the seller of bonds can obtain offers from multiple companies in a lump sum. Therefore, the opportunity for the seller of bonds to compare the optimal conditions has been limited. In addition, the buyer side of the claims in this service is characterized by including not only conventional factoring companies but also investors, and by making it a marketplace type, it aims to create a highly transparent and healthy competitive environment. Also, in factoring transactions, there is an issue that it is difficult to accurately evaluate the buyers of claims. Behind this background, conventional factoring company introduction services often introduce only specific companies selected by the quotation agency, and as a result, the introduced content may lack neutrality. Also, regarding the reputation and reviews of factoring companies provided on the Internet, it is difficult to accurately determine whether they are based on the opinions of actual users. To solve this problem, the present invention introduces a mechanism where the seller and the buyer can evaluate and review each other's trading partners after the transaction is completed. With this mechanism, users can obtain objective feedback based on actual trading experience and utilize it as reference information for making more appropriate selections in future transactions. This evaluation system can compensate for the lack of neutrality and transparency found in conventional introduction services and improve the reliability and fairness of transactions.

[0003] The factoring industry is still immature in some respects, and a lack of adequate information, particularly when small and medium-sized enterprises (SMEs) and startups are the primary users, increases transaction risks. Furthermore, the industry as a whole is slow to adopt IT technology, and tends to lag behind other financial services that are becoming more digitized in terms of efficiency and transparency. Against this backdrop, there is a growing need for a system that can bridge the information gap among users and enable highly reliable transactions. The emergence of online platforms specializing in factoring transactions is expected to provide users with more options and improve the transparency and efficiency of transactions. [Overview of the Initiative] [Problems that the invention aims to solve]

[0004] ▲1▼Streamlining transactions and expanding options Traditional factoring transactions have presented challenges in enabling users to secure funding quickly and appropriately, as they require individual negotiations with each factoring company. This invention provides a marketplace involving multiple factoring companies and investors, creating a system that allows sellers to select the optimal trading partner from a diverse range of potential buyers. In particular, because buyers include not only factoring companies but also investors, sellers can receive a wider range of offers, expanding their trading conditions and options. ▲2▼Evaluating the performance of trading partners In factoring transactions, evaluating the reliability of trading partners is crucial, but conventional systems lack adequate metrics for properly assessing their performance. In particular, it is difficult to determine whether online reputation and reviews accurately reflect the opinions of actual users, undermining the reliability of users' partner selection. Furthermore, despite the unique risk factors inherent in factoring transactions, the lack of specialized evaluation metrics and sorting functions makes it difficult for users to properly assess risk. In addition, the selection of companies by quotation service providers can sometimes be arbitrary, hindering users from obtaining accurate information. To address these challenges, a system is needed that provides objective data based on post-transaction mutual evaluations and performance data. ▲3▼Improved transparency and convenience of transactions Traditional factoring transactions suffer from a lack of transparency, making it difficult for users to compare fees and terms across different factoring companies. In particular, when only factoring companies selected by a quotation service provider are introduced, the recommendations are likely to be arbitrary, making it difficult for users to choose the most suitable provider. Furthermore, the industry as a whole lags behind in adopting IT technology, resulting in significant differences in transaction efficiency and transparency compared to other financial services that are increasingly digitized. To address these challenges, there is a need to improve transaction transparency and convenience by introducing marketplace-type services that provide users with an environment where they can easily compare multiple companies. [Means for solving the problem]

[0005] ▲1▼Marketplace-type matching function We will provide a marketplace with participation from multiple factoring companies and investors, creating a system that allows users to select the most suitable factoring partner. In this marketplace, both sellers and buyers can search and select based on their desired conditions, and negotiate only with partners who meet those conditions. This eliminates the inefficiencies of traditional one-on-one negotiations and provides a variety of options. ▲2▼Unique evaluation metrics and sorting function We establish unique evaluation metrics that take into account risk factors specific to factoring transactions, and quantitatively assess the creditworthiness of trading partners. Based on these metrics, users can view trading partners in a ranked format and efficiently select the best candidates using a sorting function. Furthermore, we introduce a mutual evaluation function after transaction completion, and share reviews and scoring data based on actual transaction results within the marketplace, thereby creating a highly reliable trading environment. ▲3▼User interface for improved convenience The system provides a visually intuitive user interface that allows users to easily compare conditions and make decisions. Specifically, it includes a layout that allows users to compare each broker's fees, transaction conditions, and past ratings in a list, as well as functions to filter and sort based on criteria. It also provides a "list function" that allows users to save trading partners as a list of candidates and re-compare multiple conditions later. This creates an environment where users can make quick decisions while ensuring transparency in transactions. [Effects of the Invention]

[0006] This invention provides the following benefits: ▲1▼Streamlining transactions Through a marketplace-type platform involving multiple factoring companies and investors, users can receive multiple offers at once. This system allows users to quickly compare and select trading partners, streamlining the fundraising process. ▲2▼Improved transparency in transactions By using a marketplace-type platform, the fees and trading conditions of each broker are clearly displayed, allowing users to trade under fair and transparent conditions. Furthermore, by introducing unique evaluation metrics to assess the reliability and risk of trading partners, users can select the optimal partner based on objective data. This system reduces anxiety and risks that arise from opaque transactions, providing a highly reliable trading environment. ▲3▼Improved user convenience Through its unique evaluation metrics and sorting functions, users can easily find the optimal trading partner based on reliability and suitability of their requirements. Furthermore, the intuitive user interface simplifies the process of comparing and selecting trading conditions, improving the convenience of factoring services. [Brief explanation of the drawing]

[0007] [Figure 1] This is a diagram illustrating the overall configuration of the factoring matching system. [Figure 2] This diagram shows the screen images of the seller's terminal and the buyer's terminal. [Figure 3] This is a flowchart illustrating the basic operations of a factoring matching system. [Modes for carrying out the invention]

[0008] Embodiments of the present invention will be described below with reference to the drawings. Figure 1 is a diagram showing the overall configuration of the factoring matching system 1 according to this embodiment. The system includes a seller terminal 20, a buyer terminal 30, an external server 10, and a communication network N. The seller terminal 20 and the buyer terminal 30 are devices used by each user, and include smartphones, tablets, PCs, etc. The communication network N enables wired or wireless communication, and the server 10 is connected to the seller terminal 20 and the buyer terminal 30 using the internet, LAN, dedicated line, mobile communication network, Wi-Fi, etc. The server 10 is equipped with a database function, an authentication function, and a real-time communication function.

[0009] Server 10 provides the following key features: 1. Transaction Terms Management: A function that stores transaction terms registered by sellers and buyers in a database and presents matching candidates based on those terms. 2. Evaluation Data Management: A function to save mutual evaluation data after the completion of a transaction and make it visible within the marketplace. 3. Overall Rating and Ranking Generation: This function integrates each evaluation item to generate an overall rating and creates rankings for each evaluation item. This allows users to easily find the best trading partner based on conditions and ratings.

[0010] Figure 2 shows the functions of the seller's terminal and the buyer's terminal. The seller terminal 20 is a device for registering accounts receivable information (e.g., amount, payment due date, debtor's industry, desired conditions). The registered information is immediately sent to the server 10 and made public on the marketplace. The buyer terminal 30 is a device for searching for receivables that meet certain criteria and submitting offers. Buyers can specify search criteria such as region, amount, expected payment date, type of receivable, and keywords.

[0011] Figure 3 is a flowchart showing the basic operation flow of this system. The operation of this system will be explained below. 1. The seller registers the debt information using the seller's terminal 20. This information is sent to the server 10 and made public on the marketplace. 2. The buyer uses the buyer terminal 30 to search for a receivable that meets the criteria and submits an offer. 3. Once the seller accepts the offer, the chat function is activated and negotiations on the terms of the transaction begin. 4. Once both parties agree on the terms of the transaction, the transaction is completed and its details are recorded in the system. 5. After the transaction is completed, the seller and buyer will rate each other, and the results will be stored in the system.

[0012] This system has the following notable features: Rating System: After a transaction is completed, sellers and buyers mutually evaluate each other based on evaluation metrics such as reliability, communication, speed, and compliance. These evaluation results are recorded in a 5-point rating system and comment format, and are available for other users to view. Overall Evaluation and Ranking: Integrate the results of each evaluation item to generate an overall evaluation, and further create rankings for each evaluation item. This allows users to visualize the performance of other users. Automatic Matching Function: Server 10 compares the registration conditions of sellers and buyers and automatically proposes highly compatible candidates. This function enables users to save the trouble of searching and quickly find the optimal trading partner.

[0013] On the marketplace screen, the overall evaluation scores, scores for each evaluation item, and rankings of sellers and buyers are listed. This allows users to quickly and efficiently select trading partners.

[0014] Buyers can filter by conditions such as region, industry type, claim amount, and desired receipt date to efficiently narrow down registered cases. Sellers can also search for desired buyers based on the buyers' evaluation scores and trading conditions and make reverse offers.

[0015] Furthermore, a thumbnail image display function based on the claim category is provided. This function makes it easier for users to visually recognize the claim industry type.

[0016] A function that analyzes past transaction histories and evaluation data and recommends candidates suitable for sellers and buyers is also provided. This analysis data is stored on the server and utilized for future transactions.

[0017] With the above configuration and functions, the present invention realizes the improvement of trading efficiency, transparency, and convenience, and effectively solves conventional problems.

Claims

1. A factoring matching system that provides a matching function for sellers and buyers to conduct factoring transactions, characterized by having an interface that allows for comparison of the performance of both the seller and the buyer.

2. The factoring matching system is characterized by having an evaluation system in which both the seller and the buyer who actually conducted the transaction evaluate each other after the transaction, thereby improving the reliability of trading partners and the transparency of transactions.

3. The factoring matching system is characterized in that both the seller and the buyer conduct mutual evaluations after the transaction is completed, and the evaluation results are made visible to other users.

4. An evaluation method characterized in that, in the evaluation system, evaluation items specific to factoring transactions are set, and users perform mutual evaluations based on these items.

5. The evaluation system is characterized by integrating the evaluation results of each evaluation item to generate an overall evaluation, and making this overall evaluation comparable among users.

6. The evaluation system is characterized by generating rankings for each evaluation item and making them visible to other users within the marketplace.

5. The evaluation method according to claim 4, characterized in that the seller's evaluation items include reliability, communication, speed, compliance, and optional comments. The evaluation method for assessing the reliability of the seller is characterized by evaluating whether the invoice content is accurate, free from falsehoods or deficiencies, and whether the terms of the transaction are complied with. The evaluation method is characterized by evaluating the seller's communication based on whether the interaction was smooth and whether they responded sincerely. The evaluation method for seller speed is characterized by evaluating whether the seller responded promptly to inquiries from the buyer and requests for additional documents. The evaluation method for seller compliance is characterized by evaluating whether they comply with the rules and guidelines within the service and whether they conduct transactions outside the platform.

10. The evaluation method according to claim 4, characterized in that the buyer's evaluation items include reliability, communication, speed, compliance, fairness and attractiveness of contract terms, and optional comments. The evaluation method is characterized by assessing the reliability of the buyer based on whether they comply with the terms of the transaction (contract details such as payment due dates). The evaluation method is characterized by evaluating the buyer's communication based on whether the interaction was smooth and whether they responded honestly. The evaluation method is characterized by evaluating the buyer's speed based on whether they provided funds to the seller quickly. The buyer's compliance evaluation criteria are characterized by being assessed based on whether they adhere to the rules and guidelines within the service and whether they engage in transactions outside the platform. The evaluation method for assessing the fairness and attractiveness of the buyer's contract terms is characterized by evaluating whether the terms of the fees charged to the user were reasonable in light of market standards.

11. The factoring matching system is characterized by having a function that presents each user as a recommended candidate based on evaluation items and an overall evaluation.

12. A factoring matching system characterized by providing a marketplace in which multiple sellers and buyers participate, and by having an interface that allows sellers and buyers to directly present and compare transaction terms.

13. The factoring matching system is characterized by providing a function to filter sellers and buyers based on transaction conditions, and by having an interface that allows users to easily find a company that meets their conditions.

14. The system described in claim 13 is characterized by providing a function to filter based on the industry of accounts receivable, the industry of the trading partner (factoring client), region, amount, desired payment date, transaction method, and keywords, allowing the buyer to search for registered deals and make offers to the sellers.

15. The system according to claim 13, comprising a function that allows a seller to search for a buyer they wish to meet and make an offer, wherein the search items include membership type (corporate or individual), industry, region, purchase budget, experience in purchasing receivables, and preferred transaction method (two-party factoring or three-party factoring).

16. The factoring matching system is characterized by having a list function that allows users to add companies they are interested in to a list and later compare the conditions of multiple companies.

17. This system is characterized by its ability to record messages and negotiation history between users during the factoring transaction process, thereby ensuring transparency and reliability of the transaction.

18. The factoring matching system is characterized by having the following features: a thumbnail management module that identifies the industry category of receivables and automatically selects and displays a thumbnail image corresponding to each category; the industry category of receivables is determined based on industry information entered by the seller; and on the receivables list screen, an appropriate thumbnail image is displayed based on the industry category set for each receivable, enabling users to visually recognize the industry.

19. The factoring matching system is characterized by having an interface that allows sellers and buyers to flexibly adjust transaction terms, and by enabling both parties to quickly reach an agreement before the start of the transaction.

20. The factoring matching system is characterized by having a function that recommends the most suitable trading partner to the seller and buyer based on past transaction history.

21. The factoring matching system is characterized by having a function that calculates the degree of suitability based on the registered information of sellers and buyers, and automatically proposes matching candidates with a high degree of suitability.

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