Key vectors of transformation in factoring: a look into the future

On 7 March 2025 BCR News published the article "Receivables finance at crossroads – Key insights from market evolution", presenting the latest data on the factoring market. Comarch Factoring and BCR Publishing conducted a study involving 94 experts from Europe, the Middle East, North and South America, Africa and Asia-Pacific.
Here are the main trends identified in this global survey.

Factoring has reached a turning point

The factoring market is growing fast but at the same time faces the challenges of outdated technology, integration and changing client demands.

Key vectors of transformation in the factoring industry

According to various forecasts, the factoring market will continue to grow until 2030, with growth shifting toward emerging markets in Asia and the Middle East. This is driven by rapid digitalization and the adoption of new receivables finance solutions in these regions.

Technology is a double catalyst

Technology is both a growth driver and a challenge.
40% of factoring companies struggle with system integration, and 34% cite high implementation costs as a barrier to digital transformation. At the same time, automation and AI-based risk assessment are becoming investment priorities.

Customer service as a driving force for change

Improving customer service is becoming the main aspect of competition and a driver of modernization. Clients mainly expect fast implementation, a functional self-service portal and instant information updates.

Summary

The factoring market is showing significant growth, but some factors are holding it back. The main obstacles are low system performance, insufficient automation and regulatory compliance difficulties. Another serious barrier is companies' reluctance to invest in software upgrades because of high costs and the difficulty of migrating to new platforms.
Companies that embrace innovative solutions and put quality digital service first will become the leaders of the industry's new era.

Key development areas for factoring in the near future

• Integrating artificial intelligence for risk management and fraud prevention.
• Expanding the e-invoicing ecosystem with automated regulatory compliance.
• Developing scalable cloud services.
• Optimizing client onboarding with a focus on convenience and speed.

Read the full article here.