The startup offers a credit management platform that utilizes secure and scalable technology for data collection, reporting, and analysis. This platform enables businesses to effectively monitor and manage their credit and debt collection portfolios, reducing credit risk and improving liquidity.
Funding
$12.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses struggle with managing customer credit risk and overdue invoices, leading to reduced liquidity and increased financial uncertainty. Existing credit management processes often involve disparate systems and manual data collection, making it difficult to gain a comprehensive view of customer creditworthiness and potential risks. This lack of real-time insights hinders proactive decision-making and increases the likelihood of bad debt.
Solution
Axeptia provides a credit management software platform that automates data collection, reporting, and analysis to help businesses reduce overdue invoices and optimize credit risk. The platform integrates with ERP systems, credit information providers, and debt collection agencies to provide a consolidated view of customer credit data. By continuously monitoring customer information and providing early warnings, Axeptia enables businesses to identify risks, take proactive actions, and improve cash flow. The platform's features include customizable alerts, automated follow-up actions, and comprehensive reporting dashboards, empowering businesses to make data-driven decisions and secure their financial position.
Target Audience
Axeptia targets businesses of all sizes that need to manage customer credit risk, reduce overdue invoices, and improve liquidity, including finance managers, credit controllers, and CFOs.
Features
- Standardized integrations with ERP systems, credit information providers, and debt collection agencies for seamless data flow
- Real-time monitoring of customer creditworthiness, including ability to pay and probability of bankruptcy
- Automated alerts and notifications for early warning of potential credit risks
- Customizable credit policies and automated follow-up actions for late payments
- Comprehensive dashboards for visualizing key performance indicators (KPIs) and tracking credit risk across the customer portfolio
- Ability to send overdue invoices directly to debt collection partners
- Automated email reminders to customers before invoices become overdue
- Support for global credit information checks and monitoring