Case Study: Neurosoft reduces invoice-factoring risk and optimizes cash flow with Oracle Blockchain Platform

Neurosoft leverages Oracle Blockchain Platform to ease invoice factoring

Neurosoft S.A., a software and ICT services provider with 18+ years’ experience in factoring and supply chain finance, set out to simplify how companies convert accounts receivable into cash and to help SMEs optimize working capital. Faced with fragmented data, lengthy payment terms and high risk of double-financing fraud, Neurosoft needed a secure, transparent way to speed financing, reduce due diligence costs and build trust among buyers, sellers and factoring providers.

Neurosoft integrated Oracle Blockchain Platform into its Proxima+ offering to create Proxima+ Core, a blockchain-enabled, web-based sales- and supply-chain finance platform. The solution provides a single source of truth with immutable audit trails, invoice tokenization, smart-contract automation and permissioned identity management—eliminating double-financing risk, reducing reliance on third parties, accelerating financing and improving transparency and reconciliation for all participants.

Neurosoft

Nikolaos Vasilonikolidakis

Chief Executive Officer