How do I set up the Apex Capital factoring integration?
This guide walks you through integrating Apex Capital with Alvys to streamline your factoring process. You'll configure your Notice of Assignment and connect your Apex Capital account.
Who should do this? Office managers or administrators with access to company settings and integration configurations.
Set up your Notice of Assignment
First, you'll need to add your Notice of Assignment document to Alvys so it can be included on relevant documents.
Navigate to your Company Profile in Alvys and locate the Document Configuration section. Click the plus sign (+) button to open the configuration window.
In the pop-up window, use the drop-down menu to select Notice of Assignment. Copy and paste the Notice of Assignment text provided by Apex Capital into the text box, then save your changes.
Configure the Apex Capital integration
This integration uses an API connection to sync data between Apex Capital and Alvys.
Open the Integrations page in Alvys and expand the Factoring dropdown section. Click the pencil icon next to Apex Capital to open the configuration settings.
Log in using your Apex Capital credentials to complete the connection. Once authenticated, the integration will be active and ready to use.
Frequently asked questions
What is a Notice of Assignment?
A Notice of Assignment is a document that informs your customers that you've assigned your receivables to a factoring company. It's required for factoring integrations and will appear on relevant documents.
How long does it take for the integration to start working?
Once you've completed the setup and logged in with your Apex Capital credentials, the integration is active immediately.
Can I use this integration with multiple subsidiaries?
Yes, during the integration setup you can select which subsidiaries should use the Apex Capital integration.