3i Infotech upgrades KASTLE

Technology provider 3i Infotech has completed the latest phase of upgrades to its KASTLE factoring solution platform.

The revised version of the KASTLE system is designed to meet cash flow management needs by offering greater levels of service automation.

Other new features include a new customer relationship management module created to process data necessary for receivables finance facilities and a risk management tool that allows continuous monitoring of a borrower’s credit-worthiness.

Faisal Khan, director of banking and insurance at 3i Infotech, Western Europe, says: “The receivables finance industry in Europe is in a high growth phase, by enhancing our KASTLE factoring solution, we are able to assist the industry in reaching new levels of efficiency.”