Econfirming

Econfirming provides a digital confirming platform that lets corporate buyers upload invoices and connect them with a marketplace of over 100 funders who pre‑pay suppliers at a discounted rate. The service delivers same‑day cash to suppliers while giving buyers flexible repayment terms, and includes online tools for invoice management, ERP integration, and real‑time cash‑flow reporting.

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Companies often face cash‑flow constraints because suppliers expect payment terms of 30, 60 or 90 days, while buyers may lack sufficient working capital to settle invoices promptly. This mismatch can delay supplier payments, increase financing costs, and strain supplier‑buyer relationships.

Solution

Econfirming offers a digital confirming platform that accelerates the settlement of accounts payable and receivable through multi‑funding and factoring mechanisms. Buyers can submit invoices to the platform, which then connects them with a network of over 100 corporate funders who pre‑pay the supplier at a discounted rate. Suppliers receive immediate cash, eliminating the waiting period, while buyers retain the ability to settle the invoice later under agreed terms. The service leverages Divisa’s 30‑year factoring expertise and established banking relationships to ensure transparent, fast, and secure capital transfers. All transactions are managed online, providing real‑time visibility of cash flows and reducing administrative effort for finance teams.

Target Audience

Primary users are corporate buyers seeking to optimize working‑capital management and suppliers looking for fast invoice financing, particularly in mid‑size to large enterprises across various industries.

Features

Multi‑funding marketplace that matches supplier invoices with multiple corporate funders to secure the best discount rate
Immediate invoice discounting for suppliers, delivering cash on the same day the invoice is uploaded
Online portal for buyers to manage payable schedules, approve invoices, and track funding status
Integration with existing ERP/financial systems for automated invoice import and reconciliation
Transparent fee structure and real‑time reporting of transaction details and cash‑flow impact
Support from a team with three decades of factoring experience and strong banking partnerships