Answering the Call –
On every hero’s journey, there comes a call to adventure. It serves to pull us out of the dark to face the unknown and ultimately, discover a brand new perspective.
At first, some heroes refuse to accept the invitation, but the call cannot be avoided. The longer one refuses the call, the more negative consequences appear until eventually, the journey begins.
In the factoring world, there’s been a call for quite some time. We’ve been urged to change our approach to portfolio management, mitigating risk, and utilizing systems appropriately so we can run our operations as successfully as possible.
We’re proud to announce our answer to the call in the form of our brand new solution: NN6.
Our founders saw a need for a proactive, scalable, and modern system that saves massive amounts of time and focuses on risk management.
Through our full stack SaaS application, risk is naturally mitigated and portfolio management becomes streamlined and effortless.
Here, we share our philosophy and introduce a brand new guide for the journey ahead.
A New Paradigm
If you’ve been frustrated by the current software offerings on the market, you’re in good company.
Clunky reporting systems have long forced us into relying on data that’s a month or so outdated. Making reps and warrants to capital providers based on stale information is never ideal and puts factors in an uncomfortable position.
Most of the systems we’ve been dependent on leave us with no choice but to take an a la carte approach and build out what we hope will cover all our bases.
In such a tech-forward world, there’s no excuse for factors to have to live in the Stone Age.
Real-time data should be easy in today’s environment. It allows us to cultivate a culture of risk management, which in turn leads to effortless operational excellence.
With the NN6 solution, you’ll have access to real-time information so you can stay on top of snafus and alert your clients right away.
To build the perfect system, we needed to cut out the noise of how things have been done in the past. If you want to build something no one currently has, you have to do what has never been done.
Risky Business
Hedging risk is a daily goal in the factoring industry. Through sound portfolio management, we’re always looking for ways to protect capital for ourselves, our clients, and our stakeholders.
From operational risk when you’re working to scale and grow to fraud risk (where factors lose the most money), there’s danger lurking around every corner. But with the right systems in place, you can hedge risk from all sides.
NN6 allows you to have your eyes on everything. Our all-in-one solution provides an in-depth view into your firm’s trends and analysis so you and your teams are never in the dark.
Using a first-principles thinking approach, NN6 was developed by deconstructing the problems facing the factoring industry and reconstructing them back into the most effective answer.
We stripped everything down to the essentials and built a new foundation that will carry us through to success. Risk is naturally mitigated and portfolio management becomes streamlined and effortless.
A Road Less Traveled
Answering the call of a new journey is never easy, and each of us may be at a different stage of our own unique adventure. Just as in life, the factoring industry is constantly in flux.
The good news is that when we walk into the storm, a brand new path forward appears.
Through NN6, we’re thrilled to provide you with our own version of a new path forward.
Desired outcomes are never guaranteed. However, when you get laser-focused on processes and procedures and get all of the right pieces in place, you’re well-equipped for whatever the journey ahead throws your way.
Our cutting-edge strategy separates us from the pack so we can focus on what’s most important.
Eliminating the noise, streamlining processes, and getting everyone on the same page allows you to focus on what you do best: getting real results for your clients.
To learn more about NN6 and schedule a call or demo, click here.
If you know anyone else in the factoring community looking for a solution like NN6, pass this newsletter along.
Until next time,