Verify Businesses for Invoice Factoring
Invoice financing requires verifying both the invoice issuer and recipient businesses.
The Challenge
Invoice financing requires verifying both the invoice issuer and recipient businesses. Fraudulent invoices from fake companies create significant losses.
How Olympus Helps
Use JANUS to verify both parties in invoice financing transactions, combining entity verification with business history to reduce fraud.
Key Benefits
Transform your workflow with measurable improvements
Verify invoice parties instantly
Reduce fraudulent invoices
Business history verification
Ongoing entity monitoring
How It Works
A simple workflow to achieve your goals
Verify Issuer
Verify Issuer
Confirm invoice issuing company is legitimate
Verify Recipient
Verify Recipient
Validate invoice recipient business
Check Business Age
Check Business Age
Verify entities have operating history
Approve Transaction
Approve Transaction
Proceed with verified invoice financing
APIs You'll Use
The Olympus products that power this use case
Industries Using This
See how different sectors apply this solution
Ready to verify businesses for invoice factoring?
Get started in minutes with our developer-friendly APIs and comprehensive documentation.