Aividens

Cash is key for every company. However, in many cases collection processes start very late, increasing the risk of never getting their money back. Seen the large number of signals to interpret in order to assess customer trust when it comes to payment, we have developed a Predictive Risk Management solution (PRIM) that can be applied to any Debt Portfolio. Thanks to specific algorithms we created and thanks to Artificial Intelligence, PRIM uses companies’ data to predict whether their customers will pay and when, as well as to assess the risk of their debt portfolio. In other words, by projecting today’s debt portfolio in the future and applying a specific risk model on top of it, it determines the next best actions that are to be taken to collect the cash, reduce bad debts and reduce the overall risk of debts portfolios. Portfolios are segmented according to specific types of risks, customers can be alerted when a payer changes its behaviors and payers behaviors can be compared among specific payers groups within the company or within a specific industry (among customer peers). Thanks to our Predictive Risk Management solution, companies now have the tool to reduce their bad debts, improve their cash collection processes and optimize their cash management.

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