Predict customers' payment issues and prioritize collection efforts with AI!
With our Saas AI solution, understand when your customers will pay their invoices and identify key payment patterns and risk types for a given debt portfolio. Use these predictions in our simulation tools to determine the collection strategy most aligned with your cash and Profit & Loss objectives. A partner that is a member of SAP’s curated startup ecosystem.
By AiVidens
Benefits
Reduce overdue amounts and bad debts
Thanks to predictive payment dates and risks, you will be capable of anticipating customer payment issues and therefore, take the necessary actions well before the issues arise.
Improve operational efficiency
By understanding deep payment patterns, you can redefine work priorities and resource allocations. Predictions complete the picture and help cash collectors understanding where to focus and put their efforts in order to get the most impacts.
Improve cash accuracy
Predictive payment dates are aggregated into our Predictive Payment Forecast. This latter is compared to the Payment Forecast by due date. The truth lies between the 2 and provides both the cash manager and collector a more precise view on the cash to come in.
Manage customer experience
With the insight provided by the solution, you will now know whether a customer did not pay by accident or deliberately. You will be able to differentiate collection actions according to the context of the customer, avoiding one-size-fit-all measures considered as irritating by your good customers.
Features
Assess your receivables portfolio
With the dashboard, you can quickly understand how your debt portfolio is segmented based on payment behaviors and risk types. You can also enrich the view with many additional/optional financial indicators that are relevant for your business.
Understand where the risks are
Customers at risk are highlighted and classified according to different typologies. A drill-down provides detailed information down to the lowest granular level. These typologies allow you to focus your efforts and those of your team where the impact will be most aligned with the strategy pursued.
Isolate customers with atypical behavior
You can define groups of attributes based on which any payment profile or risk type will be calculated (e.g. geography, business unit, product lines). These allow you then to compare the payment habits or the risk of your customers according to for each attribute and isolate specific patterns.
Plans and pricing
All plans include:
Contract Edition
Price upon request- Minimum contract 1 year
Pilot in Production
One-timeEUR 10,000.00- EUR per Active User
Proof of Concept
For 30 DaysFree- Maximum contract 30 days
Customer reviews
Technical Information
SAP Analytics Cloud for planning
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
Resources
Solution overview
AiVidens Intelligent Collection Management
SAP.io Demo Day
Publisher
AiVidens
AiVidens SRL provides Finance departments with Saas solutions supported by Artificial Intelligence. Their solutions are designed to serve one purpose: ease the decision and the execution with 'augmented reality'.The AiVidens team has a flawless track record in the software and international finance.
