Previse uses Artificial Intelligence to enable corporate buyers to safely ensure they pay all their suppliers instantly.
Paying all suppliers instantly eliminates their need to rely on expensive short term credit, lowering costs for buyers and giving SMEs the confidence to reinvest in growing their businesses, boosting the economy.
Suppliers simply click to agree to instant payments.
Previse then uses hundreds of millions of data points and sophisticated Artificial Intelligence algorithms to provide a score of a corporate buyer’s likelihood to pay the invoice. This allows funders to instantly release funds to the supplier to meet the invoice.
Previse sits alongside funders’ existing payment technology. Its frictionless adoption requires no changes to either buyers’ or funders’ existing payment infrastructure or on-boarding of new processes or technologies.
Find out how about accepting Previse InstantPay from your buyers. The solution that gets you paid “cash on delivery” for a small fee (just like accepting a credit/debit card).
Unlock hidden value in your ERP data that can be recognised as EBITDA, whilst also enabling your suppliers to be paid “cash on delivery”.
3/5 #SMEs have been affected by #latepayments as companies wait for an estimated £50 billion in unpaid invoices. Previse takes away the uncertainty of waiting for payment, enabling large corporates to pay all of their suppliers instantly https://t.co/QaMVlga57A @SB_Commissioner
Chatsworth Communications
Tel: +44 (0)20 7440 9780
previse@chatsworthcommunications.com
