Company profile

Previse gets suppliers paid, instantly.

With Previse’s technology, buying companies can offer all of their suppliers, no matter their size, the option of instant payment as soon as an invoice is received. Buyers even earn new profits for offering instant payment: Suppliers pay a small fee for instant payment which is split between the buyer, Previse and the funder.

Previse uses machine learning technology to analyse a company’s ERP data and root out the invoices which won’t be paid, allowing a funder to pay the rest immediately.

Previse’s approach means that on-boarding is minimal for both buyers and suppliers. As a result, buyers are able to maintain their existing payment terms while offering instant payment to even their smallest suppliers.

Organisation type

Product/Service Supplier

Regions where available

Europe, North America

Number of staff

11-50

Main services

• Instant, pre-approval invoice payments
  Previse gets suppliers paid, instantly. Buying companies can offer all of their suppliers option of instant payment as soon as an invoice is received. Buyers earn profits for offering instant payment: Suppliers pay a small fee for instant payment which is split between buyer, Previse and funder.

Differentiators

• Pay all valid invoices upon receipt
• Buyers make money, suppliers save money Uses data, not process; Uses data, not process
• Access payment process analytics

User types

• CFOs, Finance Directors, Procurement officers, CEOs

Contact details

• 2nd floor, East Side Kings Cross Station, York Way, LONDON N1C 4AX, UK
• LinkedIn page
• Https://www.previ.se