FactorCloud is invoice factoring software with automated cash application, dual-ledger accounting and 16 integrations. Per-user pricing, quote required.
Researched and fact-checked by Bartu Cavusoglu · Updated October 26, 2026
FactorCloud is cloud-based invoice factoring software for companies that buy invoices from their clients. It handles the back office of a factoring operation: client, debtor, and vendor records, funding schedules, cash application, collections, and the ledger behind each advance. The company says it was founded in 2014 by a team that ran its own factoring operation.
The company is based in Atlanta, Georgia, lists more than 10 developers, and says billions are funded annually on the platform. It states it is SOC 2 Type II certified. Its positioning rests on four points: automation beyond schedule creation, dual-ledger accounting, bundled integrations, and free onboarding.
Invoices arrive by email. FactorCloud's AI-powered OCR reads the attachments and extracts the invoice number, debtor, amount, and date. The system then runs a credit check against the debtor, comparing the balance with the credit limit, and creates a funding schedule that is ready to fund.
Payments are handled the same way. FactorCloud says incoming payments are matched to open invoices without human intervention, with no lockbox imports or manual reconciliation. Each funding event posts to a general ledger as balanced debits and credits, covering receivables, fee revenue, client advances, and reserve holdbacks.
The core of the product is automation and accounting. AI-powered OCR, automated schedule creation, and automated payment matching reduce manual entry, while the dual-ledger engine keeps the books balanced. Client records show open invoices, outstanding balances, credit limits, recent disbursements, and a collections queue sorted by days outstanding.
Around that core sit a configurable client portal, exportable reports, and a REST API with webhooks and a sandbox. A documented Claude integration lets staff query live FactorCloud data from their own Claude workspace for collections drafts, account summaries, and ad-hoc questions, with permissions and audit logging carried over.
FactorCloud is cloud-based invoice factoring software. It manages clients, debtors, funding schedules, cash application, collections, and the ledger behind each advance for factoring companies.
FactorCloud charges per user per month, but publishes no prices. Standard starts at 2 users and a price is provided within one business day. Enterprise pricing is custom.
The site does not mention a free trial. It offers a demo on a live environment in under an hour, and onboarding and data migration are free.
It lists 16 integrations, including QuickBooks, Bill360, ROX, Ansonia, Tank Payments, Triumph, CargoNerd, and Claude. Custom connections are possible through its REST API.
It suits factoring companies in transportation, staffing, construction, general factoring, and freight brokerage. It is aimed at teams that want automated cash application and dual-ledger accounting.
The company says most teams are operational within days. It handles migration, configuration, and parallel testing, and says it has never charged a setup fee.
The company states it is SOC 2 Type II certified, with data encrypted at rest and in transit and every action logged. Enterprise adds advanced audit logging and custom data retention policies.
Yes. It offers a RESTful JSON API with OAuth 2.0, webhooks, a sandbox, and SDKs for Node, Python, and PHP. Open API access is listed as an Enterprise plan feature.