Lendscape Launches Groundbreaking Data-Driven Solution to Transform Invoice Finance

"Invoice finance can be a cashflow lifeline but has been hindered by complex manual processes that can be cumbersome for lenders to manage, and more intrusive for businesses than alternatives like overdrafts and term loans," said Carolyn Goddard, Head of Product at Lendscape. "With Lendscape CONNECT, we've tackled these issues head-on. Our new solution gives lenders secure, direct access to live data from their clients' accounting systems and a detailed view of the sales ledger that always aligns with their clients' records. This eliminates time-consuming month-end reconciliations and removes the client burden of manually uploading debtors and invoices."

Kevin Day, CEO of Lendscape, remarked, "Lendscape CONNECT is a true game-changer, combining the day-to-day simplicity of invoice discounting with the robust risk control typical of factoring. Lenders are now equipped to offer light-touch, non-invasive invoice finance to a wider range of clients, achieving precise, timely risk management without the need for human intervention." He added, "We expect that this will enable lenders to strike the optimal balance of cost, risk and service in their invoice finance operations, fostering increased adoption and satisfying market demand. Lendscape has a proven track record of leveraging cutting-edge technology to address the challenges facing the industry, and Lendscape CONNECT is a milestone in enabling simpler, data-led financing."  

Key benefits of Lendscape CONNECT include:

With features including live data access, automated disapproval calculations, and seamless integration with a breadth of third-party services for enhanced reporting and risk management, Lendscape CONNECT is set to redefine invoice finance.

For more information about Lendscape CONNECT and how it can benefit your business, visit www.lendscape.com/platform/connect.

About Lendscape 

Lendscape is the world's leading technology provider for all forms of secured finance.   

With over 45 years of experience and in-depth industry understanding, our dynamic team has designed, developed, and delivered secured lending technology to over 40 markets and some of the worlds' most prestigious banking and financial services providers.   

Lendscape supports a range of working capital and asset finance solutions such as factoring, invoice discounting, supply chain finance, asset-based lending as well as asset finance and many other forms of specialist finance.  

To learn more, visit www.lendscape.com. 

Media contact:
Iain Gomersall
[email protected]
+44 20 8187 8905

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