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Invoice financing company MarketInvoice is enhancing its product offering through a new collaboration with Euler Hermes. Recent high-profile corporate failures reinforce the need to be increasingly aware of the risks of late or non-payment for goods and services provided on credit.”. Reports Thursday (Feb. 8) said the U.K.
The tie-up is an extension of a current relationship that will have Satago’s offering smoothly linked with Sage Accounting, which will offer clients automated invoice chasing, invoice finance and creditriskanalysis in a single system.
Before the pandemic, DBS had relentlessly leveraged emerging technologies to help SMEs, especially micro and small enterprises, streamline services and manage creditrisk. Of its loans to corporations and SMEs, 72% are subjected to social, environmental, and climate-riskanalysis, in line with international best practices.
The tie-up is an extension of a current relationship that will have Satago’s offering smoothly linked with Sage Accounting, which will offer clients automated invoice chasing, invoice finance and creditriskanalysis in a single system. Its customers, up until now, have been largely in the U.S. and Canada.
“This is transforming the creditriskanalysis process. but research released in March of this year found that Australia is actually the worst market for late invoice payments. ” Today, underwriting capabilities are the name of the game for alternative finance, regardless of location.
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