Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on line with a system which they are marketing under the name of CTS. The acronym stands for Client Terminal System, and in addition to viewing the sales ledger, a client can also use the system to request funds from Lanka Orix. With the recent growth of LOFAC’s international factoring market, a system which will streamline day to day affairs of the client/factor relationship could have a significant impact on the size and nature of their client base.
BCR Publishing