Hoopiz is a credit management platform that provides modular tools for optimizing trade credit and receivables management, enabling companies to enhance cash flow and reduce payment delays. By integrating with existing financial systems, Hoopiz allows businesses to analyze data and manage client risk effectively, improving overall financial performance.
Funding
$1.3M 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 companies face challenges in effectively managing trade credit and receivables, leading to delayed payments, increased financial risk, and hindered cash flow optimization. Existing financial systems often lack the advanced functionalities required for comprehensive credit risk analysis and proactive receivables management. This can result in inefficiencies in the order-to-cash cycle and impact overall financial performance.
Solution
Hoopiz offers a modular credit management platform designed to streamline and optimize the entire order-to-cash cycle, from initial prospecting to final payment. The platform integrates with existing financial systems to provide a comprehensive view of customer risk and automate key processes such as credit risk assessment, customer follow-up, and dispute resolution. By leveraging data analytics, AI, and automation, Hoopiz enables businesses to accelerate cash flow, reduce payment delays, and improve overall financial health. The solution's modular design allows companies to tailor the platform to their specific needs, ensuring a flexible and scalable approach to credit management.
Target Audience
Hoopiz targets finance departments, credit managers, and accounts receivable teams across various industries, including temporary work, wholesale, and manufacturing, seeking to improve their credit management processes and financial performance.
Features
- Modular design allowing customization with optional modules for specific needs.
- Integration with existing ERP and accounting software through various connectors.
- Customer risk assessment and monitoring using internal and external data sources.
- Automated customer follow-up and dunning processes with customizable workflows.
- Dispute management module for efficient resolution of payment discrepancies.
- Multi-entity, multi-currency, and multi-language support for international operations.
- Customizable dashboards and reporting for real-time visibility into key credit management metrics.
- Integration with credit insurance providers for automated policy management.