arrives.

their invoice

as soon as

suppliers’ cash,

delivering

instantly

paid,

suppliers

gets

previse

instantly

paid,

suppliers

gets

previse

Previse gets suppliers paid, instantly. Our smart tech analyses the data of a large company to predict the very few invoices that are unlikely to get paid, so that the rest can be paid instantly. The 1 per cent fee paid by suppliers who opt for instant payment is shared between the buyer, the funder and Previse.

Small businesses are the backbone of the economy, yet, 50% of the total value of invoices are held up in late payments.

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.

Suppliers

Find out how to accept InstantPay, the solution that gets you paid “cash on delivery” for a small fee (just like accepting a credit/debit card).

Buyers

Unlock hidden value in your ERP data that can be recognised as EBITDA, whilst also enabling your suppliers to be paid “cash on delivery”.

Funders

Access the unserved USD 2.5 trillion market that enables SMEs to cover their short-term liquidity challenges.

Partners

Find out more, and join, our network of enablers who are helping us transform supply chain finance.

An abstract image of blocks of colour that represent small businesses across the world

intelligent

An abstract image of blocks of colour that represent small businesses across the world

inclusive

An abstract image of blocks of colour that represent small businesses across the world

instant

An abstract image of blocks of colour that represent small businesses across the world

independent

Our team of owners

Advisory board

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Affiliations

Our blog

Asking the right questions on slow payments
This article first appeared on Financial Director. Click here for the original. As the Government announces new enhanced powers for the Small Business Commissioner to tackle late payments, Paul Christensen, CEO and co-founder of Previse, points out that, unless these are coupled with reform to Prompt Payment reporting, they are…

In the news

Press releases and comment

“Slow business payments is one of the major challenges facing economic growth, both in the UK & globally. It is right that it is being made an urgent priority at the top of Government..." - Paul Christensen shares his insights on the Chancellor's call to end #latepayments (1/3)

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