iMX

Software for lenders, lessors and collectors

Companies in commercial finance, leasing and debt collection are the market for iMX, an event-driven system from Codix. It was developed in Sophia Antipolis, the technology park on the French Riviera near Nice, and the vendor says it grew from many years of research and development there. The core claim is that one system can handle the standard functions of these service businesses and the particular requirements of each client, within a single technical structure that can be parameterised.

Lending and receivables finance

For commercial finance, iMX holds the data and management rules for factoring and receivables finance, asset-based lending, invoice-level financing, reverse factoring and supply chain finance, purchase order financing and credit insurance. The vendor also lists corporate loans among the products the system can run. Contracts, accounts receivable, financing, credit and claims all live in the same platform.

Leasing

The leasing coverage runs through the full lifecycle of products, assets and related services. Equipment, vehicle, full-service and property leasing are all covered, and the product pages also mention auto finance, equipment finance and consumer finance as lines of business.

Debt collection

A collection edition is built for a collections or legal department, or for a company that provides those services. It deals with amicable collection, late collection, accounts receivable management and preventive actions, and extends to legal work, claims and litigation. The vendor describes it as multilingual and multi-currency software built around events.

How the platform is built

Several design choices recur in the vendor's description.

• Total event management and workflow sit at the centre, with productivity tools in the same platform.
• The architecture is integration-first, with APIs and standard connectors for working with internal and external systems.
• It follows a thin-client model, reached over an intranet, extranet or the internet.
• Multi-currency and multilingual support work dynamically on the same server, in both production and management.
• Each deployment is tailored to the client, with support from a multidisciplinary team through remote maintenance.

Quality credentials

Codix states that its operations are certified to ISO 9001:2015 and ISO 27001:2022. The vendor also says it keeps investing in the product, and it offers a software demonstration and a list of frequently asked questions to prospective buyers.