InstantFinance from Previse generates revenue and value by embedding finance in your platform.
Together we can enrich your platform’s existing capability – from full-service turnkey buttons to bespoke implementations using our APIs.
by providing more value and opportunities for your customers
of transactions by encouraging more spend
by adding finance or extending existing products earlier into the cycle
This approach, popular with business data networks, allows you to enhance your product with Invoice Prepayment and Revenue-based finance—all without specialist acumen or any complex integration.
As a data exchange venue, you hold digital orders, delivery notes, invoices, credit notes and payments. We can use that data to allow your customers to request “Prepay me”, “Autopay me”, or “Get an advance”.
You provide the data while we bring the finance. Together, we create additional value for your customers.
We can amplify your customer experience by considering a supplier’s entire book if you already offer buyer-centric finance.
The size of a single buyer-seller relationship limits the value to a supplier. But with the whole book, we can digest, approve and underwrite advances outside that relationship.
You bring the whole book and the funding, while Previse supplies fast data-driven decisions and underwriting. Together, we provide customers with capital to invest, grow, or cope with the unexpected.
Platforms that provide Supply Chain Finance or Dynamic Discounting can be hampered by slow approval processes.
Some large buyers struggle to provide approvals or an Irrevocable Payment Undertaking (IPU) signal in a timely fashion, if at all. Previse can replace the buyer’s IPU with a synthetic one, We can either fund the gap to approval for you or just underwrite your own funding.
Previse “approves” prepayment and takes on the risk while you maximise your funding utilisation and duration.
Suppose you want to hand-craft a fully bespoke solution, fine-tuning the product and programme to meet your own or your funder’s risk appetite. If so, Previse can provide the support and services to leverage the power of data within the supply chain.
We can make cash flow so businesses can grow.
We work with you to match what’s best for your business and your customers’ needs. Whether you want us to
We supply data-driven risk modelling, class-leading customer services, a network of funders and ISO certified security, enabling you to provide finance safely.
When you team up with Previse you get more than just a set of features. We work with you to enhance the whole customer experience.
operations
total spend processed
invoices and adjustments processed
transactions every day
suppliers
Turn any invoice, account or statement into an opportunity, promoting products wherever your customers are looking.
Data-driven risk models allow you to offer your customers cheaper rates and flat fee loans—ease of access and flexibility.
We continually hone our service experience to ensure you and your customers are delighted.
Mastercard has today unveiled its next-generation virtual card solution for instant B2B payments, using Previse’s machine learning capabilities.
Working capital is the lifeblood of businesses within the global economy. However, large buyers and small suppliers often clash over time taken to pay.
Slow supplier payments are a major problem for SMEs operating in the retail sector. Research from Previse shows that on average, UK retailers take 41 days to pay their suppliers.
In medieval times alchemists sought the Philosopher’s Stone, believed to be capable of transforming metals to gold. As the Stone has remained elusive, so the quest for riches turned from creating gold to finding it.
For supply chain finance (SCF) to progress and reach the next set of struggling suppliers, the model needs a rethink. We need SCF 2.0.
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