Innovative invoice discount platform for businesses and investors
What is Pkore?
Pcore is a peer-to-peer discount platform that is integrated with blockchain technology. The aim is to combine Blockchain’s transparency, trust, speed and security with registered smart contracts and to combine invoices and lenders directly with each other
Pcore wants to combine modern technology into a niche, but a growing market. As we know, the market conditions are currently experiencing difficult times. As more companies use alternative financing options with banks, they are expected to be able to provide them with a platform to exchange accounts faster to receive the required amount. Help them to grow, grow and compete with operational costs.
If you pay faster with basic billing software , the Pcore Team Account will work on innovative billing programs that will change the way companies pay. Connect this to the main trading platform. PCC PCC Coins is a convenient payment method. INNOVATION
What does Pcore offer?
P2P P2P Global Invoices allow businesses and Pcore investors to trade whatever their geographical location, eliminating the need for third parties.
High speed and low cost By eliminating the need for third party companies, Pcore can achieve high revenue and high collection and speed costs . No need to wait long, direct income for business development and direct profits.
Cover Security and Pcore All invoices uploaded by vendors are listed on Ethereum Blockchain. This overrides errors and misuse. Companies that come from Pcore coverage, guarantee the promised funds at the expense of investors.
We direct ourselves to real topics in various industries. Pcore aims to overcome the obstacles and challenges facing modern businesses in facing liquidity and financial uncertainty. In addition, the main problem that regularly disrupts some markets is the limitation of financial and factoring, auditing, and financial statements that are not transparent / outdated.
1. Financial limits and factoring
SMEs have limited access to short-term financing (working capital). The bank demands substantial guarantees and documentation in financing project approvals, especially after the last recession in 2009. This is a large funding gap for small and medium-sized companies worldwide, which drives the growth of the global factoring industry by 10% every year. Current estimates indicate that the factoring billing market in 2018 was worth $ 3 trillion. This makes it a large enough market to be investigated.
Since the beginning of the financial crisis in 2009, factoring in the United States and around the world has grown between 11% and 24% per year, increasing annual accounts receivable by more than one trillion euros in less than a decade. This industry is practically doubled in size, even though the modern era of factoring began only a century ago.
SMEs appear to suffer losses in terms of credit quality and financial inequality due to lack of financial resources in dealing with capital markets. The funding gap has led to the need for alternative financing sources such as factoring.
To verify the authenticity of the bill sent, several steps are needed. This includes confirming that the actual billing service has been sent as claimed, inspection operations that are directly related to collection services, and inspecting the materials used to meet the requirements for which billing is being made.
With the introduction of an ERP system, Pcore intends to automate all processes involved in analyzing validity. This establishes the control point that the user must follow to verify the authenticity of potential partners. The history of invoices sent by companies to the public allows automatic assessment of the validity and associated risks.
In a modern economy, automatic checks without constant physical examination are almost impossible. In addition, banknotes can be faked, so investors can find a bad game in this case. Because there is no real incentive for companies to disclose their direct finances to the public, there is a high probability of false financial results.
3. Old and non-transparent financial statements
Problems with non-transparent financial statements may be as old as the company itself. There are several reasons why companies want to hide actual results, especially when billing requests. Business plans and financial statements generally need to show the financial health of the company in the past and in the past. However, by deleting key data or even manipulating its presentation, the company seems to be in a good position, while the actual situation varies greatly.
Even though the government really implemented basic guidelines for financial presentation through IFRS and GAAP policies, many companies sought ways to circumvent them. The IFRS model is an advance in the investigation of bribery and illegal activities. However, it cannot explain all the possible places where non-transparent reporting is questioned, especially when SMEs are involved. The need for invoices has increased in recent years with developing companies in the SME sector. However, the problem still concerns trust and accurate reporting.
As a format for presenting financial data on platforms, we have chosen XBRL (eXtensible Business Reporting Language). This framework is an open international standard for digital business reporting. This is used throughout the world. Companies from more than 50 countries apply it in their companies. Millions of XBRL documents are created every year, replacing older, paper-based reports with digital reports that are useful, effective and accurate.
Token Name: PCORE Tricker: PCC Project Category: PLATFORM FACTORING FACTORS Project Type: TOKEN Project Platform: ERC – 20 Limited Countries: CHINA, US Base Token Price: 1PCC = 0.39USD – 1PCC Receive: ETHEREUM Total Token Supply: 52,000,000 Tokens for Reserves: 20,000,000 Tokens For Sale: 20,000,000 Gift Tokens : 500,000 Tokens Reserved for Teams: 11,500,000
Soft Cap: 1.000.000 USD
Hard Cap: 5.000.000 USD
ETH will be accepted at the crowdsale. You must have an Ethereum wallet that is directed to the token / crowdsale address to participate in the crowdsale. The development team is working with security auditors to complete the contract. When they have completed their analysis, Pcore will announce the date. Note that the crowdsale PCC parameter will be associated with the number of blocks, so time will depend on the mining level of Ethereum. The contract will be pushed to the main network Ethereum 3 days before the crowdsale starts.
ETH received in crowd sales will be used by Pcore to develop and build a Discountchain based Invoice invoice platform system, which uses PCC as an exchange unit.
Get paid faster with the main invoice software The Pcore team is working on an innovative invoice software program that will change the way business is paid. Link this to the main trading platform. PCC PCC Coins will be an easy payment option. INVESTMENT INNOVATATION
Create and send personalized results, professional invoices Customize the appearance of your invoices by using our professional invoice template. Add or edit branding themes, include payment terms, or just upload your logo and you’re ready to go.
Take the job chasing Pcore payments can send automatic invoice reminders for you. All you have to decide is when and how often the reminder is sent. You can also see if your customer has seen the invoice and whether it has been paid.
Create invoice online quickly Reduce manual data entries repeatedly and speed up your invoices by using predefined inventory items, replicating previous invoices, and preparing repeated invoices.
Better security with online invoices Online invoices The pcore you send is protected from invalid changes – not like the PDF attached to the email. Inside the Pcore, editing invoices is limited and records are saved from the main invoice action. To fend off unauthorized access, we recommend activating two-step authentication in your Pcore account and also in your email account.