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The factoring companies manage your accounts receivable with the same professionalism and involvement that you would expect from your own team. Their factoring services also include financing, specialized risk assessment for your entire receivables portfolio and credit control of debt recovery from buyers.Let’s have a look at the factoring process and factoring invoices.

After signing the purchase waybill by the buyer, you send them a scan-copy of the waybill, on the same day we prepare you a register of assigned cash claims for a signature for the signature, we send it to you, you sign it with an electronic signature or if you do not, print it out and sign it. After receipt of a signed copy of the electronic signature or the original of the register and invoices, we ensure payment up to 95% of the monetary claim on the waybill or the certificate until the end of the business day. Normally, this process takes one payment day. After they receive the repayment from your buyer, we will withhold the financing amount and the factoring commission and send you a residual payment no later than the next day.

  • Full complex of factoring services
  • Classical factoring service includes the following components:
  • Assessment of the risk of non-payment of debtors transferred to factoring services
  • Financing receivables in accordance with the limits set by your debtors
  • Administration of accounts receivable in accordance with the accepted rules of communication between your company and your customer

Support for collection of possible problem receivables

Receiving a full set of factoring services, your company is filled with additional liquidity to increase turnover. The risk of default on the part of debtors is significantly reduced – a highly professional team of our risk managers assesses your potential debtors for long-term solvency and, in the process of your work with them, monitors it. Costs for accounting and economic security are significantly reduced by redistributing this burden to a factoring company, and you can concentrate your time and material resources on solving key tasks of your business.

Factoring without receivables management

You can choose the option of obtaining financing for the assignment of rights of monetary claims to your customers, while the management of receivables is carried out by employees of your company. This factoring service includes

  • Assessment of the risk of non-payment of debtors transferred to factoring services
  • Financing receivables in accordance with the limits set by your debtors

Selective factoring

Factoring can be used as an instrument for smoothing the dynamics of cash flow of your business – you can transfer only selective monetary claims within the same supply contract. Such a need arises when several factors coincide, leading to an unplanned drop in the liquidity reserve below an acceptable level. An alternative to this service is the retention of reserve funds on the current account, which can be costly and inconvenient.

Do you know about the European Agreement concerning the Transport of Dangerous Goods by Road (ADR)?

What is ADR?

ADR is an agreement ratified by 48 European countries that regulates the transport of dangerous goods on the road.There are smart opportunities for the load boards for trucks now.

This agreement specifies that dangerous goods may be the subject of international carriage in road vehicles provided that the following requirements are met:

  • Their packaging and labeling,
  • The provisions concerning the construction, equipment and circulation of the vehicle carrying the goods in issue.

What is a dangerous good?

Dangerous goods are considered to be any goods likely to damage the physical integrity of a person or the environment in case of contact or spill during transport.

A dangerous good is in the form of substance, mixture, material or object. A list of these goods is presented in Volume I of ADR. In addition to its official name, various numbers and codes are assigned to it. Paragraph 14 of the safety data sheets indicates classification and coding according to ADR.

Example: asbestos, gasoline, waste, compressed gas, inks, paints

What should you do with dangerous goods?

If your company has the following activities:

  • Packaging of hazardous materials
  • Loading more than 2 trucks of dangerous goods parcels a year
  • Loading of dangerous substances in a tank

Transport of dangerous goods

Your company must appoint a safety advisor for the transport of dangerous goods and declare it in the prefecture.The security advisor must hold a certificate issued after passing a national examination by the Interprofessional Committee for the Development of Training in the Transport of Dangerous Goods (CIFMD).

What does a company offer for the transport of dangerous goods?

The Companies offers a basic service to meet the regulatory obligations related to ADR. This benefit includes the following actions:

  • Transmission of the declaration document CERFA n ° 12251 * 02 to the Prefecture.
  • Conduct of an annual one-day visit to monitor compliance with the requirements for the transport of dangerous goods.
  • Drafting of the annual report provided in computer version before March 31 of year N + 1.
  • On request it is possible to complete this basic service by the following actions:
  • Writing an accident report and / or an event declaration when needed.
  • Implementation of specific procedures or specific instructions those are missing or incomplete.

Training or awareness of the risks associated with the transport of dangerous goods for the employees concerned: logistical support, material handlers, and packing staff.

Factoring is the ongoing purchase of short-term receivables from goods deliveries and services! Alliance one factoring is the alternative form of financing to bank-standard financing.

Factoring is plannable liquidity!

Alliance one factoring provides companies with high liquidity. We support you when your assets are already in use and additional credits are extremely difficult to obtain.

Factoring is security against bad debts!

Factoring safeguards claims against losses. We take over short-term sales financing by immediately paying current and valuable receivables from new invoices to end customers.

Factoring is growth!

Factoring relieves companies of administrative tasks, so that you can concentrate on your causal competencies in your area of ​​expertise, because they are priceless. We not only take on claims, but also complete the entire dunning process up to the debt collection dunning procedure and inform you at any time about the progress of your receivables portfolios.

What are the types of factoring?

Among all factoring products, the following groups or types can be distinguished:

  1. Classic factoring with regress.

The factoring company buys out about 90% of the debt, and after the expiration of the grace period, it has the right to demand from the seller the funds previously issued. Thus, the factoring company practically does not take risks.

  1. Factoring without recourse

A factoring company independently requires money from the buyer in case of delay.

Another factoring is divided into:

  1. Factoring without financing

When a customer who has sold an invoice to a factoring company receives the amount of the invoice on the due date of payment it called factoring without financing.

  1. Factoring with financing

In this case the client can demand immediate payment of the invoice, regardless of the due date for payment.

The debtor may be informed in advance of the transfer of debt to the factoring company (in which case factoring is considered “open”), which is noted in the invoice. If the participation in the transaction of an intermediary company is not covered in the contract, then this factoring is considered “closed”.

In terms of factoring services is also divided into:

  • Sales factoring – sale of receivables, and
  • Purchase factoring – financing suppliers in the amount of receivables.

Factoring can also be both domestic and international, which involves the participation of parties from different countries.

How much does factoring cost?

The cost of factoring services consists of the commission charged by the intermediary for the service (usually expressed in% of the amount of the invoice) and the interest charged on the early payment of the amount of debt.

The average levels of commissions are in the range of 1.5-3.0%. To translate this cost in% per annum (and compare it with a normal loan), you should multiply the commission amount by the turnover ratio of the receivable. For example, if the turnaround period is 30 days, then the turnover ratio is 360/30 = 12. If the factoring fee is 1.5% of the DM amount, in annual terms the factoring cost will be 1.5% * 12 = 18 % per annum. Obviously, the cost of factoring in this case is comparable (or even 1-2% higher) to the loan rate in the bank for a borrower with a good credit rating.

The technique of 3D image acquisition has been around for more than twenty years, but the demand for its application has been limited. The market is apparently not so busy until now, but that seems to change. In the past three months, we have received the question: ‘Can you control my machine variably by means of a line scan?’

Conventional automation assumes a predictable product position, for example a precisely known location of a product or packaging on a conveyor belt. The processing on the product can be done blindly, because the position and orientation are known. The result is self-evident and always exactly the same, that is what you can do with automated processes. The downside of these advantages lies in the limitation it imposes on the product supply, which must be such that every product ends up on the tape in the right way.

What if I cannot or no longer want to organize?

For successful processing of random lying products on a conveyor belt, one can think of steering by means of a line scan.

Control by means of a line scan

Line scan is technically not the right word, but popularly a commonly used translation for laser triangulation. The word describes perfectly what we see as human beings: a laser line that scans the passing product. What we call the process does not matter, it’s about the result. From the scan follows a so-called point cloud that forms a three-dimensional model of the scanned product. For that you will be having the best line scan camera now.

The software made for your process gets relevant information from this point cloud

This can be a pick-up point, a place where you have to print, a cut line to open a bag, you can say it.Of course, the system still makes some demands on the product position, so the recognizable detail must be visible from the laser and camera position. That is immediately the only requirement, for the rest it is free. And it does not make the scanner – within a certain range – look at whether a small or large product is looked at, the system is also flexible here, without changing or replacing product-specific holders, guides or molds.

The nice thing about using laser light is that the system is relatively insensitive to ambient light. This is due to the fact that the camera receives a special filter which only transmits the wavelength of the laser source, a so-called bandpassfilter. The light output to be applied is so low in almost all cases that laser safety does not require special measures.Because the position of the camera in relation to the laser source is very important, we build it together on one frame. This is then incorporated in an enclosure that we can optionally run in aluminum or stainless steel and in any desired IP value, whether or not carried out in food grade.

For processes with a strongly changing ambient temperature, additional measures are taken by smart material choices that ensure the calibrated set-up under all temperatures.

If the video surveillance system of best cctv Singapore supports audio, security personnel will be able to hear and access a potential attacker. From a video surveillance point of view, this function can be used as an independent identification method: when the volume reaches a certain threshold, an automatic recording will start or an alarm will trigger.

Do you plan to expand your system in the future?

It is very important that the video surveillance system is flexible and scalable. Traditional video surveillance systems are difficult to change, because they are all connected through cables. It is better to stop the selection on IP cameras that connect to the system over a wireless network, allowing you to change the configuration of the system as needed. It is very easy to connect an IP camera to a network, besides, you do not need to replace or update the cables.

What else can the video surveillance system be useful for your object?

Video surveillance can be used not only as a deterrent, but also for obtaining important evidence that can be useful during investigations and litigation.In addition, in addition to providing security, the video surveillance system can be used to collect important analytical data. For example, in the retail industry, data from CCTV cameras can improve the efficiency of IT departments, marketing, and customer service, which has a beneficial effect on customer satisfaction and business profitability.

Reverberation in House: Tips to Improve Acoustics

Drinking a drink with the neighborhood or celebrating a birthday with the whole family. A house full of visitors is always very cozy, but can also bring the necessary annoyances especially if you misunderstand each other by reverberation. The reliable Singapore home improvement professionals put a number of useful tips for you in order to realize a comfortable home!

A sleek and minimalist interior with high ceilings, plastered walls, tiles and large windows is very nice, but disastrous for the acoustics. Sound bounces off the bare, hard surfaces of your living space, causing reverberation in the home. How do you reduce this reverb without compromising the interior?

Hang curtains to reduce reverberation

For example, you can hang curtains to reduce reflections from the sound. Curtains absorb sound vibrations, provided you choose a full fabric. You achieve the best result by combining curtains with extra window coverings, such as lace curtains, roller blinds or pleated blinds.

A well furnished interior

A well-furnished interior works wonders! As you may know, fabric furniture absorbs a lot of noise. But also large plants, paintings or a bookcase make the difference. You reduce the reflection and thus reduce the reverberation.Do you have a leather sofa and are you not planning to replace it with a fabric variant? For example, place fabric chairs next to it and decorate your sofa with a number of cushions.

Most often, two types of factoring are used: with regression and without recourse. The difference is who takes the risks in case the customer does not pay for the supply, a factor or you.

Factoring with recourse

Factoring with regression is usually cheaper than without it, and getting it for the first time is easier.When factoring with recourse, accounts receivable are retained on your balance sheet. The first payment factor does not transfer you all the money, but only a part.If the buyer does not pay on time, the factor makes a reverse assignment, that is, turns your factoring into a loan – requires that you return the first payment and pay a commission for using the money and working with the documents. The support from the factoring company is immense.

Factoring without recourse

This service is similar to the insurance policy, under which you already received a refund.

The factor buys your receivables on your balance sheet. The first payment factor can pay you the full amount.

If the supply is not paid, the factor remains one-on-one with your customer-buyer, you do not have to return the money to the factor.

What should you remember if you want to sign a factoring agreement?

Factoring is not the “financing of the last hope.” Factors do not work with those who need money yesterday. The best situation for a factor is when they are approached to him one or two months before the start of sales.

The factor takes care of communicating with your customers on a sensitive issue – timely payment. If your customers are strongly against such communication, most likely, the contract of factoring will not be concluded.

Carefully read the terms of the factoring agreement and all the annexes to it. If, in addition to money, the factor promises to provide you with services with complex names, ask what exactly and on what terms it offers you. Ask the factor to calculate the cost of factoring using an example from your practice. With these kinds of supports the development of the company happens to be easier than ever.

 

Every week several containers leave with goods from our customers. The sailing time to Spain is about 13 days. Once they have arrived, they will unload the container and deliver your goods to your customers. This minimizes the chance of damage and we have full control over your goods.

Road transport

If time is really a crucial factor, they can always go to Spain by road. The cheapest option is of course through our group age service, but if the goods have to arrive on time in Spain,

Ocean Freight

Have your sea freight pick up or deliver shipments anywhere in the world? Meet Dutch Royal Logistics, the partner for transport of sea and air freight.

Sea freight

Sea free load boards  transports require a tight schedule. Your time is money and at a reliable transporting company would understand this all too well. In the years that they are active in the transport sector, they have carried out sea-freight shipments from A to B for numerous customers.

.They has carefully chosen the network they would be working with in the years we are active as a logistics service provider.  Proper contacts we can guarantee that your shipment will be delivered at the right place and at the agreed time. By means of road transport we take care of the further transport from the port to the final destination

High service, competitive rates

We are happy to find this solution together with you, whereby our employees will do their best to provide you with high-quality service at competitive rates from start to finish. From the person who answers the telephone when you call us, to the driver who delivers your products after the sea freight has reached the port; all of us put our best foot forward for our customers.

Their service therefore does not stop at the sea freight itself.

For example, we take care of customs documents if you wish. The customs clearance of import goods, the preparation of temporary import and export documents, the preparation of export documents and the preparation of documents of origin can be left to our expert staff. We will gladly take care of you completely when it comes to sea freight transport.

It is common for some scenarios that may occur in day to day life, and the most common problems that an individual or organizations face are piping and electrical problems. The most hazardous issue is electrical problem, because short circuit issues may result in severe damages to building and even the human beings if it is not notices earlier. So it is such important to maintain the proper connections in any construction. You might think in positive manner that all the newly constructed buildings will never have electrical connection problems whereas the old ones might have, but it is not true, everything depends on the team who performed the electrical works for that building. It is also very common that manual error occurs in all sorts of activities. Thus you are sure in need of electrician at some point of time, and so this article is written. Here we are ready to help you with the reliable electrician in Singapore who can be a great helps for you when you need them.

It will always be better to go with the famous electrician in Singapore and have their contact in your phonebook, so that you can contact them handy instead of searching for them when in emergency.

Find the best and friendly electrician

So now you obviously look for the contacts of the electrician so that you can save them, and yes for sure you may start your search right from your neighbors, friends, colleagues, address sites and even there are websites which will ease your work just be displaying the number of electricians registered with them and their reviews from the customers like you. So get ready with a list from various sources and have enquiry regarding their service from your locality.

Have a brief talk with some of them and get known about the pricing structure and their availability of time. Because these are the two main factors which will help you cut down your expenses from the hard earned money. It will always be better to choose the licensed, certified and qualified electrician, so that you might not face frequent problems in future after the electrical service has been completed, and have a log of services provided by an electrician and check whether the problems exists again with the same connection or equipment to decide upon choosing him again.

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Frogans technology is advancement in the top level domains that are used by a number of people today. This technology allows the implementation of a new layer of application on the internet. This application layer is called as the frogans layer. This can be added along with the other layers that are very common such as the World Wide Web or the email. Frogans technology is said to be very simple to use and also very safe. This technology allows for the Frogans sites to be published. This site is made up of a set of pages that are hyperlinked with each other. These linked pages are then put on line on the internet. They can also be done on an intranet. This whole process can be done on a Frogans address. These sites can be easily published by anyone. The standards that are used in the Frogans technology are very safe and are free and open to everyone. Frogans layer is to be introduced in the near future on the internet. Scratch off map

Uses of Frogans technology

This technology can be used with the aim of providing security, reliability and stability of the Frogans layers that will benefit all the users of the internet. The computers that are dedicated solely to the functioning of the certain layers on the internet can be used for the distribution of free software applications. These applications will let the internet users to navigate all through the Frogans layers. Frogans addresses that are available on the particular layers form the basis of its global addressing system. They have a simple pattern that is specific which is in no way related to the URI scheme. The use of Frogans layers sticks to the principles of ICANN in order to keep the internet sites safe and interoperable. They also help in keeping the sites stable at all times. This also encourages a great deal of innovation in the internet. Bylaws that are available to the public consist of the detailed list of all works that must be accomplished by the OP3FT in order to fulfill its mission.
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