QUALCO ProximaPlus

Unlock Capital, Fuel Growth

Improve working capital, enhance financial stability, and drive profitability through increased cash flow and operational efficiency with a leading digital Receivables and Supply Chain Finance (SCF) platform. Experience:

  • Fast time to market
  • Real-time interaction
  • Transparency & control
  • Full UI customisation
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Unlocking a $6.67 Trillion Islamic
Supply Chain Finance Opportunity

VIEW REPORT

TBC Achieved x10 Growth
in 2 Years

  • Recorded all factoring transactions for accurate reporting and no data loss
  • Processed a great number of invoices through the platform
  • Minimised human errors and financing time from 5 hours to 30 minutes
  • Increased sales activity, doubling the number of their clients
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A Powerful Toolkit

From ensuring compliance and security to automating invoicing and risk analysis, our platform offers comprehensive tools for enhanced productivity.

PRODUCT SHEET

01

BACK OFFICE

Our comprehensive, web-based Receivables and SCF back-office platform aligns easily with local legislation and business requirements, ensuring secure interactions between clients and debtors.

02

CLIENT PORTAL

The online front-end platform of Qualco ProximaPlus, accessible by suppliers and buyers. It allows stakeholders to easily exchange real-time information through their familiar web browser and securely manage their customised accounts online.

03

ANALYTICS DASHBOARD

We offer a multi-dashboard, risk, anti-fraud and analytics system tailored to the receivables finance industry. Using Machine Learning algorithms, the module enables timely risk mitigation, early warning and behavioural analysis of suppliers and buyers alike.

04

ONBOARDING

The module supports self-onboarding capabilities for both buyers and suppliers. This is an essential procedure in SCF. Also, as a white-label solution, the module can be customised according to specific business needs.

05

SCANNING & OCR

The scanning and OCR module enables the automation of the invoicing process through the scanning of cheques, while it gives users access to various authentication methods for improved efficiency and security. It also authorises them to scan from any business platform available, for increased productivity.

06

TECH
INFRASTRUCTURE

The platform uses a scalable, open architecture built on mature technologies, including Java, Spring, Angular and Tomcat. It supports secure integration with third-party systems through Open APIs, REST, SOAP, SFTP and Kafka, while advanced encryption, authentication, monitoring and audit trails ensure secure and fully traceable transactions. 

Discover Ergodicity Module in QUALCO ProximaPlus

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Discover how the Ergodicity module enhances your financial management by helping you to:

  • Simplify risk management and decision-making processes
  • Access timely insights for proactive financial strategies
  • Analyse buyer and supplier behavior for improved performance

Use Cases

Power Smarter Working Capital Finance

Factoring & Invoice Financing
  • Automate Invoice Factoring
  • Mitigate Factored Invoice Risk
  • Unveil Real-Time Insights
Dynamic Discounting
  • Optimise Early Payments
  • Automate Discount Negotiations
  • Enhance Cash Flow Forecasting
Islamic SCF
  • Supports Tawarruq and Murabaha Structures
  • Digital document automation
  • Ethical risk sharing
Purchase Order & Pre-Shipment Finance
  • Finance Purchase Orders Efficiently
  • Support Pre-Shipment Working Capital
Purchase Order & Pre-Shipment Finance
  • Finance Purchase Orders Efficiently
  • Support Pre-Shipment Working Capital
Payables Finance & Reverse Factoring
  • Enable Supplier Payment Programs
  • Strengthen Supply Chain Collaboration
  • Enhance Supply Chain Resilience
Forfaiting
  • Accelerate Trade Receivables Monetisation
  • Mitigate Cross-Border Payment Risk
  • Enhance Exporter Liquidity
Risk Participation & Syndication
  • Distribute Credit Risk Efficiently
  • Enable Multi-Lender Collaboration
Distributor Finance
  • Strengthen Distributor Liquidity
  • Support Channel Growth

Frequently Asked Questions

  • What is Supply Chain Finance?

    Supply chain finance, referred to as supplier finance or reverse factoring, is a financing solution that allows suppliers to receive early payment on their invoices. By minimising the risk of disruptions in the supply chain, supply chain finance allows both buyers and suppliers to optimise their working capital. It involves a third-party financial institution, typically a bank or a specialised supply chain finance provider, facilitating early payments to suppliers on behalf of the buyer.

  • What is Receivables Finance?

    Receivables Finance is a financial solution in which businesses sell their outstanding invoices to a third party, typically a financial institution, at a discount. This provides immediate cash flow, helping businesses manage operations and growth without waiting for customer payments. It also reduces the risk of late payments and improves liquidity.

  • What is the system's technical architecture?

    The platform is developed using state-of-the-art technology, including Tomcat and Apache. The underlying engine is a trustworthy n-tier platform based on fast-scaling architecture. The Tomcat application server boosts the application layer and uses advanced caching technology. Furthermore, the full use of Java technology and the Java framework allows complete portability across any client and server platform. The platform communicates seamlessly with third-party software such as ERPs, Core Banking, Business Intelligence or Document Scanning systems.

  • What are the deployment options of Qualco ProximaPlus?

    Multiple deployment options: Infrastructure as a Service (IaaS), Qualco Technology handles everything. Software as a Service (SaaS) on Private or Public Cloud (with data centres in UAE for MENA clients, Amsterdam for European clients). On-premises installation on your infrastructure. In all cases, design, capacity planning, network, and security are managed by Qualco Technology. 

  • Does Qualco ProximaPlus ensure the privacy and security of my data?

    Yes. It provides authentication and encryption, visibility and traceability across transactions. It uses commercial API gateways, access tokens, JWT, LDAP, Social OAuth, legacy auth, end-to-end TLS, short-lived web tokens, digital signatures, detailed audit logs, and real-time monitoring. 

  • What are the connectivity options of Qualco ProximaPlus?

    Connectivity includes full OpenAPI capabilities and Swagger model API Gateway, REST APIs, SOAP WebServices with message transformation for external systems SFTP (SSH File Transfer Protocol) for GL, BI, AML, Moody’s files Kafka for event streaming (e.g. exchange rates, payment clearance) 

  • What technology is Qualco ProximaPlus built on?

    The platform uses Java, Spring Framework, Angular, and Open API connectivity. Qualco Technology also offers holistic service including infrastructure design and latest IT security methods, delivered by certified engineers, resulting in a secure turnkey solution from day one. 

Get in Touch with our Team

We’re here to help. 

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