Daily News: March 17, 2015

Thunder Funding Implements Bayside’s CADENCE

Business Solutions announced that Thunder Funding is implementing the CADENCE Live Portfolio Management Platform to administer its transportation factoring operations.

CADENCE for Factoring is an innovative and complete portfolio management system ideally suited to Transportation Factoring and capable of handling all aspects of the business process, including invoice verification, credit checking, purchase decisions, risk analysis, and much more. The ClientWeb Module enables a company to provide personalized, up-to-date account information to clients over the Internet, from a secure, real-time environment.

“We are excited to have aligned ourselves with the industry leader in factoring portfolio management software. Bayside continues to enhance its platform by working with its strategic partners and collectively solving the everyday challenges we are faced with when it comes to portfolio analysis, credit, collections and overall risk management. We look forward to our continued partnership,” said John Downing, president of Thunder Funding.

“We’re delighted to have Thunder Funding join the Bayside family,” stated Marvin McConaghy, VP of business development at Bayside. “We are pleased to be part of their continued growth.”