NN6, LLC

Does your current software solution have the right "stops" in place to keep you and your firm safe? 🛑 Risk management and fraud prevention were top of mind when we created NN6. Through our Proactive Invoice Delivery Schedule, you'll have peace of mind knowing these "stops" are set up to protect you and provide an audit trail: Client Total Credit Limit Overage Debtor Total Credit Limit Overage Debtor/Client Credit Limit Overage Negative Reserves Verifications Requirements Not Met Client Exceeding Advance Rate (ie: loan to value higher than advance rate) In recent demos, showing these functions to clients served as a "aha moment." 💡 If you'd like to experience your own "aha moment" and learn how NN6 can protect your portfolio and support your growth, schedule a call with us today. 👇 Get in touch. https://buff.ly/3X5qjZQ #factors, #software, #riskmanagement, #portfoliomanagement

Some of history's greatest innovations were so outside the box, people didn't realize they needed them until they came into existence. Before the automobile, if Henry Ford asked people what they wanted, they would have said they wanted a faster horse. He of course changed the game forever when he developed the infamous Model T. 👉 When it comes to automation, the name of the game for Factors is usually doing more with less. However, there's always inherent risk that comes with putting money out the door quickly. Fraud is at an all-time high and when you're moving money that fast, you become vulnerable. We've seen this especially ring true within transportation factoring. If you're in the industry, what are you seeing? 👀 How is OCR technology working out for you? At NN6, we have a different spin on how to approach software for the factoring space. We thought way outside the box to develop a brand new solution. Contact us today to schedule a demo. 👇 https://buff.ly/3X5qjZQ #factors, #software, #riskmanagement, #portfoliomanagement

No one knew they needed a smartphone until Steve Jobs put an iPhone in everyone's pocket. 🤳🏼 That old flip phone is now an ancient relic. Much like the introduction of iPhones, our clients didn't realize how much they needed NN6 until they saw it in action. 👉 Through our platform, you'll have full transparency through streamlined reporting on: Abnormal Invoice Amounts Abnormal Invoice Numbers Client / Debtor Days to Pay Trend Client / Debtor Dilution Trend Over 60 Day Invoices We like to think of ourselves as pioneers for Factors. Schedule a demo. 👇 https://buff.ly/3X5qjZQ #factors, #software, #riskmanagement, #portfoliomanagement

With NN6, you'll never be hit with surprise costs. 😱 👉 Our solution can help you run your business smoothly and get your data on demand. There's no need to build a template, upload it, test it, and repeat. You don't need to log a pesky ticket or support request to get your data. You can also tackle all of your reporting needs right from our app. It's all at your fingertips, all included in one competitive price. Want to learn more about how NN6 is transforming the factoring industry? 👇 Schedule a demo with us here. https://buff.ly/3X5qjZQ

Say goodbye to clunky systems of the past. 👋 👉 Through our platform, you get on-demand access to key metrics like: ✅ Days to Pay ✅ Transaction Activity Counts ✅ Total Purchases ✅ Total Payments ✅ Dilution You'll have the ability to customize reports right in the application in real time. Add a column, remove a column, reorder columns, change a grouping, set the sub total value of a column, multi column sort, and more. Learn more here 👇 https://buff.ly/3X5qjZQ

Everyone's charging a little extra these days. 💰 💠 Streaming services charge us more for an ad-free experience. 💠 Chipotle charges us extra for guacamole. 💠 Oh, and we can't leave out the ridiculous fees tacked on to our concert tickets. We've heard through the grapevine that our competitors charge extra for reporting modules. That's right, you're technically paying a price to access your own data. 😤 On top of that, you're often left dealing with the clunky process of trying to figure out how the reporting function even works. At NN6, we don't charge extra for our guacamole. We believe you shouldn't have to pay more for something that's already yours. 👉 You get customizable, easy-to-navigate reporting all included in one competitive price. Contact us today to schedule a demo 👇 https://buff.ly/3X5qjZQ

At NN6, our mission is to help factors save time, money, energy, and effort. 👉 We do this through a focus on six factoring non-negotiables: Notification - Know in real time, who, when, and how you've notified your account debtors. Verification - Understand the nuances of your portfolio at the touch of a button, including what has been confirmed via portal, pre or post verified or under estoppel. Identification - Build out thorough, customized reports at no cost. Audit - Access in-system approvals for account debtor, client, and concentration limits. Streamline analytics with an exception management function and in-system invoice delivery schedules would eliminate the need for spreadsheets and emails. Communication - Leverage a built-in task management system and know exactly which team member is responsible for executing client funding instructions. Relationships - uncover issues as soon as they pop up so you can deliver critical information ahead of time to clients and teams. With these tools at your fingertips, you can be proactive instead of reactive. That's the key to avoiding problems and running at peak performance. 👇 Schedule a demo with us here. https://buff.ly/3X5qjZQ

Our founders know factoring inside and out. 👉 We've held key positions in operations, portfolio management, and executive leadership. When you talk, we listen. We collaborate with each of our customers on their unique challenges and focus on how we can help. Because we get it, we're able to have those critical, in-depth conversations around the exact solution to your problems. Unlike our competitors, we speak your language. With NN6, you'll: ✅ No longer have to explain yourself to non-factor based tech reps when something goes wrong. Your software provider owes it to you to be well versed in the fundamentals. ✅ Understand how the software's features apply to factoring. Sure, the competition may have some fancy tech to show off, but what good is it when it's irrelevant to your business? ✅ Have confidence that your reporting is streamlined, producing consistent results every time. When you're in a demo with us, what you see is exactly what you'll get. Your success is our success, and it's also our "why." Contact us today to schedule a demo 👇 https://buff.ly/3X5qjZQ

When people ask about the "why" behind NN6, the answer is simple: we've been in your shoes. We're factors. We've lived this industry. We've felt the frustrations with today's software firsthand. We've experienced the same successes and learned from the same mistakes. And, like you, we've demanded more from our tools. "Why is dilution calculated differently everywhere? Why do I pay extra for basic reporting? Why can't I access crucial data before making funding decisions?" Sound familiar? We refuse to accept workarounds or endless "known issues" as the status quo. Your software should do exactly what it promises. Are you tired of the limitations of your factoring software? Let's talk about how NN6 can change that. #factoring #fintech #software #innovation #industryproblems #solutionfocused

A recent IFA magazine article, dove into some of the fraud risks for factors who service the transportation industry. 🚚 👉 Over the last 10 years, the transportation sector has undergone a pretty significant transformation, mostly in the realms of yield and rates charged. Back in the day, most transportation invoice financing was handled by independent factoring shops. 🧮 ⏩ Fast forward to the present and we see big banks have largely taken this over. Smaller, independent factors have a tough time competing with the super-low rates offered by the big guys. These low rates translate into less revenue to underwrite invoices. 💸 👉 The big guys also have the manpower and resources to come up with their own ways to automate processes and underwriting, speed things up, and service even more clients. To compete with banks, the independent shops may cut corners and skip certain procedures just to keep things moving. 🚀 Speed can be a good thing, but not when it comes at the expense of your firm's security. Cutting back on procedures leaves you more open to fraud risk, but clunky, outdated systems are frustrating and time consuming. 😵💫 👉 When you have a deal on the line, time is literally money. Skipping a few steps here and there might help you stay competitive, but is the door you leave open to fraud risk worth it? NN6 can help. 👇 Schedule a demo with us here. https://buff.ly/3X5qjZQ