Previse’s Post

For business owners, deferred invoice payments can be a huge threat to their livelihood and sometimes spell the difference between continued operation and insolvency. In an article for CPA Practice Advisor, Petr Marek laid out the hidden costs of late invoice payments and how business owners have become discontent with the prevalence of delayed payments. Previse’s SmartPay solution leverages machine learning technology and smart data to ensure businesses get paid as early as day one: https://previse.co/en-gb/ Read more about the hidden costs of late payments: https://bit.ly/4cYfJIN #invoicepayments #invoice #technology #data #AI #machinelearning #fintech

Whilst no business would intentionally restrict cash flow, limit working capital or jeopardize long-term profitability, even well-established companies may inadvertently be ignoring best practice when it comes to B2B payments. In a recent article for Forbes, Dean Kaplan, President of The Kaplan Group shared seven mistakes that lead to late payments from B2B clients. His list includes: 🔹Neglecting credit checks 🔹Limited Payment options 🔹Not incentivizing timely payments Previse’s SmartPay leverages data and technology to get business paid as early as day one, freeing up working capital and promoting long-term profitability: https://previse.co/en-gb/ Read Dean’s complete list here: https://lnkd.in/eEMpkUZX #B2Bpayments #AI #data #machinelearning #innovation

Artificial intelligence is transforming the banking sector, largely thanks to its data analysis and automation capabilities. In particular, AI’s predictive power can be used by banks to make data-driven decisions, which in turn can lower costs and identify potential risks. Previse’s SmartPay does just that, harnessing artificial intelligence to identify the invoices that are unlikely to be paid and enabling the rest to be approved as early as day one. Find out more at: https://previse.co/en-gb/ Discover how AI is transforming the banking sector in Trade Finance Global (TFG): https://lnkd.in/ga65THm7 #AI #machinelearning #suppliers #automation #workingcapital #invoicing

In an article for Forbes Josh Scriven, Global VP of Technology at Neudesic, an IBM Company discusses insights he received from a recent corporate banking modernization panel. The panel discussed the role of AI and machine learning in banking technology and how they are bringing about a revolution in supply chain finance. The article points towards the integration of innovative tools such as AI and machine learning to redefine industry standards for efficiency, reliability and financial empowerment across the supply chain. The collaboration between technology providers, financial institutions and regulators will be crucial in shaping a banking sector which is agile, secure and ready to meet the challenges of tomorrow. Previse’s innovative SmartPay solution leverages data and AI technology to get businesses paid as early as day one, unlocking working capital and ensuring they remain agile and are able to weather uncertainty. Learn more here: https://previse.co/en-gb/ Read about the future of technology in banking here: https://lnkd.in/e7Qn-s23 #innovation #technology #bankingtechnology #AI #machinelearning #payments #B2Bpayments #supplychain

As businesses face delayed payments and cash flow challenges, adopting commercial cards and automated accounts receivable (AR) solutions can provide much-needed relief. By staying informed about technological advancements and choosing the right partners, companies can enhance their financial stability and operational efficiency by empowering their own AR teams. At Previse, our solutions combine smart data with automation technology to get suppliers paid as early as day one, giving suppliers greater working capital and allowing them to remain agile and navigate this uncertain climate. Learn more about Previse’s solutions here: https://previse.co/en-gb/ Read more about how commercial cards and automation are transforming AR in PYMNTS: https://lnkd.in/ejcR7QxN #AI #technology #virtualcards #accountsreceivable #innovation #machinelearning #automation

As Sergiy Fitsak points out in his Finextra blog, FedNow’s journey from conception to its current state reflects a significant advancement in bringing the US payments system up to speed. However, as he explains, the exploration into B2B payments remains a significant opportunity, promising to offer businesses unprecedented control over their financial operations. This presents an opportune moment for fintechs to capitalize on the transformative future of B2B payments. Previse is one of these fintechs leading the way in revolutionizing B2B payments. Previse’s SmartPay leverages data and technology to remove friction from B2B payments and ensure suppliers get paid as early as day one: https://previse.co/en-gb/ Read more about how FedNow is helping bring about a change in US payments: https://lnkd.in/ewxqPaZN #FedNow #B2Bpayments #AI #technology #workingcapital

Revolutionize your payment processing with FinGeniusAI! 💡💳 Our AI-powered platform’s intelligent payment routing optimizes transactions, reducing costs and boosting acceptance rates. Say goodbye to complex rule-based systems and embrace smart routing. 🏦 Banks & Credit Unions: Streamline operations and reduce errors.  🛒 Merchants: Increase conversions and minimize cart abandonment. FinGeniusAI learns from multiple parameters to suggest the most efficient routes for various payment methods. The result? Simplified processes, lower maintenance costs, and happier customers. Ready to upgrade your payment engine? Let FinGeniusAI be your financial wizard! 🧙♂️✨ Learn more👉: https://lnkd.in/gfbQM7xp #FinTech #AIPayments #PaymentOptimization #MachineLearning #BankingTech #ECommerce #PaymentProcessing #FinancialInnovation #SmartRouting #TransactionSuccess #RetailTech #PaymentSolutions #AIInFinance #CustomerSatisfaction #RevenueBoosting 

Writing for Euromoney, Paul Golden, interviewed multiple payments industry leaders to get their take on how technology is redefining B2B payments. A common theme throughout the article is that the digitization of B2B payments is creating a more streamlined and secure experience, increasing trust between both buyer and supplier. Previse’s SmartData solutions ensure both of these and more, with our bank-grade security connecting you with your financial data without sacrificing control. Trusted by leading organizations, Previse empowers global CFOs to embrace digital transformation, streamline their operations and build the next generation of financial solutions. Schedule a demo today to find out how we can help you: https://previse.co/en-gb/ Read more about how technology is transforming B2B payments here: https://lnkd.in/eS-atNKt #B2Bpayments #Euromoney #fintech #automation #technology #AI #smartdata #CFOs

🚦 Is your payment process stuck in traffic? 🚦 Relying on a single payment gateway is like expecting one overworked traffic cop to manage a chaotic intersection—it might work when your business is small, but as you grow, that one-lane approach just doesn’t cut it anymore. That’s where Payment Orchestration comes in—your business’s very own Jarvis (yes, the genius AI from Iron Man)! 🦾 In my latest article, I break down how payment orchestration can transform your transaction flows from congested to seamless, with some clever analogies and key insights. Whether you’re scaling up or fine-tuning your payment strategy, this read is packed with value. Check it out and discover how to supercharge your payments! #Payments #Ecommerce #Fintech #DigitalTransformation #PaymentOrchestration

For most businesses having a payment orchestrator - helping them manage & sort out collection traffic is an expensive deal. Sometimes its the product cost or majorly integration efforts. But can only Iron Man possess a Jarvis? Why can't we all? This was definitely an insightful read by Manish Aswani! flowWise by Cashfree Payments - your own Jarvis 😎 Yogesh Miglani Vijay Ravisekar Rahul Roy Akash S. Reeju Datta Harsh Gupta Aditi Olemann Jay Rajani #Fintech #Payments #PaymentOrchestration