Manage invoice factoring and confirming end to end in Odoo
Define factoring and confirming contracts, batch-assign invoices with an amount preview, track settlement and reconciliation, and export factor files — all from one portfolio dashboard.
The problem
Factoring moves cash forward, but the operational side lives outside the ERP. Finance teams track advance percentages, fees, reserves, and maturity dates in spreadsheets, hand-edit invoices to redirect payments to the factor, and reconcile settlements by eye — producing payment-routing errors, missing audit trails, and settlement mistakes that compound as volume grows.
The solution
Invoice Factoring & Confirming runs the full lifecycle inside Odoo: define contract terms once, batch-assign open invoices with a calculated amount preview, let the invoice itself redirect payments to the factor with the right legal wording, and settle and reconcile against the factor's statement — all with a complete chatter audit trail.
Everything factoring and confirming needs
Every capability below is implemented in the module.
Factoring & Confirming Contracts
Capture financial-entity terms once — advance/financing %, reserve %, commission %, interest rate, and recourse option — then reuse them from a template library for every new operation.
Batch Invoice Assignment
Group multiple open invoices into a single factoring or confirming operation linked to a contract, matching how factors actually accept submissions.
Amount Preview Before Confirming
See the calculated financed amount, reserve, commission, and net amount to be advanced for every selected invoice before you commit to the operation.
Clear Status Lifecycle
Each operation moves through draft, confirmed, funded, and settled (with cancel, repurchase, and reconciled states) on a statusbar, backed by a full chatter audit trail of every change.
Payment Redirection & QR Codes
Factored invoices automatically show the factor's bank account and an EPC QR code with the factor's IBAN, so customers pay the right destination without manual edits.
Country-Specific Subrogation Text
Factored invoices print the legally required assignment/subrogation mention for the invoice's country, so documents stay compliant without extra setup.
Settlement & Reconciliation
Record the factor's statement amount, see the settlement difference, and mark operations reconciled once the factor's payment matches what was expected.
Factor File Export
Generate a downloadable CSV or XML file in the layout factors expect for a batch of assigned invoices, with one click from the assignment form.
Portfolio Analytics & Aging
A dedicated line report surfaces days-to-maturity, financed amount, fees, and net amount across every assignment line, for aging and DSO analysis of the factored book.
How it works
Set up a contract
Define the financial entity's rates, recourse option, and reserve terms once, or start from a saved template.
Assign invoices
Batch-select open invoices under the contract and preview the financed, reserve, and commission amounts before confirming.
Fund and invoice
Confirm the operation; factored invoices redirect payment to the factor with a QR code and the required subrogation text.
Settle and reconcile
Record the factor's settlement, review any difference, and reconcile once the statement matches the expected amount.
Frequently asked
No sales fog. If your question isn't here, email us and we'll answer it the same way.
Yes. The same contract and assignment model supports factoring of receivables (customer invoices) and confirming of payables (vendor bills), so you can manage both working-capital programs from one app.
Buy it on the Odoo App Store
Purchase, download and install directly from the official Odoo Apps Store — you'll always get the latest supported build.
Invoice Factoring & Confirming
Factoring and confirming contracts, batch invoice assignment with amount previews, payment redirection and subrogation text — through to settlement, reconciliation and aging analytics.
Buy on Odoo App Store