There are only a few FactorSoft System Preferences that need to be configured when using Factor411, and it only takes a minute to complete. If your factoring company uses FactorSoft, our Factor411 system makes it easy to improve how you manage relationships with potential clients, existing clients and debtors.
Although our Factor411 system does not use the scoring parameters configured within the FactorSoft application, please follow these steps to enable FactorSoft System Preferences for Credit Scoring and configure the Desktop Service. Completion of these steps should result in the population and maintenance of debtor information in the DebCredScore table of your factoring database.
1. Select File
2. Select Administrative Functions
3. Select System
4. Select System Preferences
5. Select Debtor rules/defaults > Rules > Credit scoring
6. Set the Force factor score to debtor credit rating value to True
7. Set the Use credit scoring functionality value to True
1. Select File
2. Select Administrative Functions
3. Select System
4. Select System Preferences
5. Select Identification/system constants > Performance > Service
6. Set the Allow service to maintain calculation tables value to True
The following screen shots will help guide you through configuring FactorSoft System Preferences.
