Invenium Legaltech provides a digital platform for businesses to manage and protect commercial credit. Their services include virtual credit management, digitized legal services, and access to credit insurance, offering a comprehensive suite of tools for trade and export credit protection.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses, especially SMEs, face challenges in managing and recovering commercial credit, particularly in international trade, leading to increased Days Sales Outstanding (DSO) and potential cash flow issues. Traditional debt collection methods can be time-consuming, costly, and may not adequately protect the client's brand or ensure compliance.
Solution
Invenium Legaltech provides a digital platform and specialized services to streamline commercial credit management and debt recovery, both nationally and internationally. The company combines legal expertise with technological innovation to offer solutions that reduce payment times and turn outstanding receivables into liquidity. Invenium Legaltech's approach includes continuous credit monitoring, pre-legal strategies, and legal action when necessary, all while protecting the client's brand and ensuring compliance. Their web application allows clients to define risk scenarios and tailored strategies for debt recovery.
Target Audience
Invenium Legaltech primarily serves CEOs, CFOs, credit managers, and business owners of both SMEs and large corporations, particularly those involved in international trade and the Pharma & Healthcare sectors.
Features
- Web application for defining risk scenarios and tailored debt recovery strategies
- National and export debt collection services
- Expertise in debt collection within the Pharma & Healthcare industry
- Access to a network of over 250 lawyers and professionals in 110 countries
- Continuous credit monitoring processes
- Support for both large corporations and SMEs
- Out-of-court and judicial debt recovery strategies
- Management of disputed receivables