What is IDeal?
IDeal is one of the most advanced cash flow management solutions in the industry, designed to revolutionise the way you manage your finances. By integrating with your accounting software, IDeal lifts information directly from your sales ledger and reconciles automatically every day.
There is no need for manual reconciliation at the month end - the invoice discounting process is accelerated and simplified giving you access to more funding, more efficiently. In fact the greater transparency afforded by IDeal means that your ledger can be funded on average up to 15% higher than it would be with a traditional invoice finance company.
Added to that, IDeal allows you to retain control over your sales ledger. It ensures that the cash you have available keeps pace with your working capital requirements as your business grows.
But more control doesn't mean more paperwork. Unlike conventional invoice finance arrangements there is no need to re-key raised invoices onto your financier's system – simply upload everything at the click of a mouse.
Finally, IDeal is a secure system with all the confidentiality benefits you'd expect from traditional invoice discounting. Meaning your customers need never know that you have our funding arrangements in place.