Previse uses artificial intelligence to give multinationals the tools and incentives to have their suppliers paid instantly on receipt of invoice, in a genuine win/win, and without requiring process changes.
Previse’s algorithms allow the risk to be identified, measured and controlled. Funding can then be extended to the suppliers instantly, pre-invoice-approval, without having to wait for the buyer’s approval of the invoice.
Previse was founded in 2016 by a team of world-class experts in trade finance, artificial intelligence and enterprise technology. It counts Hambro Perks, John Gildersleeve and Scottish Enterprise among its financial backers.