AIA participates in the Factoring Symposium 2013 organized by EFCOM

Within the AIA-EFCOM Partnership Agreement, AIA participated in EFCOM Annual Factoring Symposium-2013

AIA delegate in Germany, Mr AVELLAN-BORGMEYER, presented the results of test carried with FIM and EF3 on real data from German market to increase the efficiency of the Factoring activities.

FIM allows to automate the Matching process of EF3 from 45% to 90% reducing the average conciliation time and the global associated risk .

Results from reference cases from Spain and Chile were presented as well, evidencing astonishing increases in efficiency of 700%.

Presentation details as well as pictures can be found in: