The partnership eliminates manual processing of factoring invoices and introduces automated filtering and semantic comparison of e-Invoicing flows into the Romanian financial system.
Profluo, the Romanian platform for financial process automation powered by agentic AI, has strengthened a strategic partnership with Banca Comercială Română (BCR) to digitalize factoring workflows. Connecting BCR’s factoring system to the e-Factura infrastructure marks a national first in banking.
Through this integration, every invoice issued under a factoring agreement automatically reaches BCR’s platform, eliminating repetitive manual steps and reducing the risk of errors and delays in the confirmation process.
What makes this integration genuinely challenging
Connecting to the national e-Factura system is relatively straightforward, but not sufficient. The real challenge lies in the fact that not all e-invoices issued by a bank’s client are eligible for financing. Each invoice must be validated against the provisions of the master factoring agreement and the addenda relating to the specific commercial relationship – documents that can be updated multiple times a day.
Profluo synchronizes the client’s e-Factura flow with the bank’s factoring mechanisms in real time, ensuring that only eligible invoices are automatically captured and processed.
The solution developed by Profluo together with BCR’s team introduces two innovative mechanisms:
1. Automatic invoice filtering based on the master agreement’s scope: the system instantly identifies whether an e-invoice falls within the commercial relationship and can therefore be financed by the bank.
2. Real-time semantic comparison with the flow of subsequent agreements/addenda: the solution validates invoices against the current versions of the financing agreements, which are updated dynamically.
Bogdan Năforniță, CEO & Co-Founder Profluo: “We have long maintained that e-Factura is more than a structured document; it is the very financial infrastructure of the future. Through the BCR integration, we are demonstrating exactly that: e-Factura goes beyond the role of a tax compliance mechanism and becomes a platform for real financial automation. This implementation marks a first on the Romanian market – the direct connection between a national e-Invoicing system and a factoring engine. Based on available information, this initiative is among the first projects of its kind at European level. We expect this model to be replicated by other financial institutions, both in Romania and across European markets, where mandatory e-Invoicing will expand rapidly between 2026 and 2030.”
Implications for banks
Factoring operations personnel – both within banks and client companies – spend considerable time collecting documents, processing bordereau statements, validating eligibility, and monitoring agreements, activities traditionally performed manually. These workflows limit the number of clients a bank can serve efficiently and profitably, turning factoring into a process that is difficult to scale.
An infrastructure that automates the connection between the national e-Invoice platform and a bank’s factoring platform fundamentally changes this dynamic:
• Operational cost per transaction decreases, by eliminating manual verification steps and automating document validation;
• Client experience improves, as financing can be granted almost in real time, immediately after an eligible invoice is issued;
• Operational and credit risk are reduced, thanks to a consistent, auditable eligibility logic that is independent of human intervention;
• Product scalability increases significantly, without growth being directly dependent on the size of operational teams.
The BCR–Profluo partnership establishes a precedent in Romania’s banking market and anticipates a broader transformation at European level. As e-Invoicing becomes mandatory in France, Germany, Poland, and other European countries, banks active in those markets will be required to develop similar infrastructures.
Răzvan Nedea, Head of Supply Chain & Trade Finance Structuring and Sales, BCR: “Beyond e-Factura connectivity, digital factoring means complex eligibility logic, real-time synchronization with contractual documentation, and zero tolerance for operational errors. Profluo immediately understood this reality, and we are pleased to have built a strong partnership that combines financial process expertise with execution capability.”
International expansion in the context of e-Invoicing mandates
Profluo is a certified Peppol Access Point and Service Metadata Provider, with projects already live in markets where mandatory e-Invoicing is in effect, including Belgium and Poland.
The next major wave of mandatory e-Invoicing adoption, with significant European and international impact, is expected between 2027-2028 and represents one of Profluo’s largest growth opportunities:
• France: mandatory e-Invoicing will expand to SMEs and microenterprises starting September 2027, following the inclusion of large enterprises from September 2026;
• Germany: mandatory e-Invoicing will apply to companies with annual turnover above EUR 800,000 from January 2027, extending to all B2B transactions in 2028 – one of Profluo’s key target markets;
• United Arab Emirates: implementation becomes mandatory for large companies starting January 2027, a market where Profluo is already active.
In the mid-term, the European Union’s VAT in the Digital Age (ViDA) package will introduce mandatory structured e-Invoicing for all cross-border B2B transactions by 2030, a direction Profluo is anticipating through its already-operational Peppol infrastructure.
The partnership with BCR reinforces Profluo’s positioning as a trusted technology partner for financial institutions and creates the foundation for expanding collaboration with other banks and financial service providers in Romania and Central-Eastern Europe.
The Profluo platform: An AI Agent Architecture for back-office teams
The automation of BCR’s factoring agreement operations represents the first banking implementation of the technology underpinning the Profluo platform – a suite of specialized AI agents, each responsible for a distinct segment of a company’s financial cycle:
1. Document Understanding Agent: automatically processes e-invoices from any jurisdiction (e-Factura, KSeF, Peppol, EDI), as well as traditional invoices regardless of format, language, character set, or delivery channel. The solution extracts, validates, and classifies commercial and tax information without manual intervention.
2. Record-to-Report Agent: automates accounting entries for processed documents, including GL accounts, VAT treatments, controlling dimensions, and statutory reporting such as SAF-T or Intrastat.
3. Source-to-Pay Agent: manages the full procurement cycle, from purchase orders, goods receipt notes, and contracts ingestion to automated line-level reconciliation (3-way matching) against contractual terms.
4. Workflow Agent: orchestrates approval, notification, and monitoring workflows for any type of document based on semantically understood content, with the capability to run multiple process types simultaneously.
5. Treasury Agent (under development): will automate bank transaction ingestion, cash application proposals, and payment execution, fully closing the invoice-to-payment cycle without manual intervention.
This modular architecture can be integrated directly with the core systems of financial institutions, opening a new direction for automating banking processes built on national digital tax infrastructure.
