ISSUES OF IMPROVEMENT OF FACTORING OPERATIONS
Keywords:
Factoring services, finance, operational challenges, automation, risk management, financial challenges, regulatory challenges, credit risk assessment, fraud detection, funding, liquidity management.Abstract
This article explores the issues surrounding the improvement of factoring services in the finance industry. Factoring plays a crucial role in providing businesses with working capital, and efficient factoring operations are vital for financial systems. The article discusses operational challenges, such as automation and risk management, as well as financial and regulatory issues. It highlights the importance of digital transformation, effective risk assessment, and compliance with regulations in enhancing factoring services in finance.
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