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About

Factor AE is an intuitive firm management platform designed specifically for architecture and engineering companies to streamline project tracking, time entry, invoicing, and overall firm visibility. It allows firms to break down projects into fixed fee, hourly, and non-billable phases, facilitating detailed employee time and budget tracking at any level. The platform supports sub-consultant and expense tracking, either within project fees or separately, without compromising invoice simplicity. Factor AE enables firms to set timelines, create milestones, assign tasks, and schedule resources, ensuring client deadlines are met while optimizing resource utilization. It provides at-a-glance project status views, allowing for easy comparison of budgets and schedules to actuals by phase, revenue forecasting, and proactive adjustments to prevent minor issues from escalating.

About

Factor Avenue is an AI-powered factoring software platform built for high-volume, regulated receivables finance environments. It automates invoice verification, payroll funding, exposure control, and rule-driven funding decisions, transforming invoice factoring into structured, scalable financial infrastructure. Supporting recourse and non-recourse models across staffing, construction, transportation, healthcare, PO funding and various industries, the platform enforces multi-layer credit limits, dynamic aging controls, and contract-based pricing logic with real-time risk visibility. Built by industry veterans with 18+ years of factoring technology expertise, systems engineered by this team process 50,000+ invoices daily and support $100M+ in transaction volume. Trusted by 200+ factoring companies managing $500M+ portfolios, Factor Avenue delivers 99.9% uptime, enterprise-grade security, and customization aligned to your industry and operational needs.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Project managers in architecture and engineering firms needing a tool to oversee project progress, manage resources, and ensure accurate invoicing

Audience

Factoring companies

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

No images available

Pricing

Free
Free Version
Free Trial

Pricing

$299/month
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Since implementing FactorAvenue, we've been able to streamline our entire factoring operation and eliminate much of the manual effort that previously slowed down our daily processes. Instead of switching between multiple systems, our team now manages invoice verification, funding, collections, reserve management, and reporting from a single platform. The workflow automation has significantly improved operational efficiency while providing complete visibility across the entire factoring lifecycle, making it easier to track every transaction from submission through collection. We also value the flexible approval workflows, comprehensive dashboards, and reporting capabilities, which help our operations team make faster and more informed decisions. Throughout the implementation, the team worked closely with us to configure the platform around our business processes and provided excellent support whenever needed.

Cons

  • Since the platform is highly configurable, some advanced workflows require initial setup to align with our internal processes. Once everything is configured, however, the system is intuitive to use, and the support team was always available to guide us through the implementation whenever we needed assistance.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Factor AE
United States
factorapp.com

Company Information

FactorAvenue
Founded: 2024
United States
factoravenue.com

Alternatives

Monograph

Monograph

Dixon & Moe

Alternatives

Cync Factoring

Cync Factoring

Cync Software
BigTime

BigTime

BigTime Software
FactorFox

FactorFox

FactorFox Software LLC

Categories

Categories

Integrations

QuickBooks Online

Integrations

QuickBooks Online
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