We got tired of the same old way of doing trade credit. The world moved on, but trade credit management, especially credit risk management, fell behind. We decided to do something about it.
We all complained that credit reports didn't have enough data. We all wanted the latest financials but seldom got them.
Face it. Thats the reality. There are good alternatives.
Credit teams are stretched, chasing collections and doing everything except strategic development and automation.
Make the case for why credit is valuable to the business and why it needs better tools. Stop being comfortable with busyness.
Trade Credit is completely different to consumer credit. And completely different to business loans. And completely different to etc etc.
True. That's why we took those tools from other sectors and made them for trade credit professionals.
Sales wins the argument every time with credit. The business takes on the risk to get the client on board, no point doing too much of an assessment.
Stop being reactive. Be proactive and help sales drive volumes on the right accounts. You have the data!
Ai is both useless and its going to take all of our jobs, all at the same time.
The reality is neither. Ai is a tool, if badly used will give bad results. We want to help our tribe master this tool.
What we are doing today is good enough because you cant predict any better than an experienced credit analyst.
The evidence shows that this is very untrue unfortunately. No human can retain even 1% of the data that machine learning models can handle in seconds. Its no contest. Models win 100% of the time.
We're an experienced team building out the future of B2B credit risk intelligence.
Chief Executive
A serial entrepreneur with too many degrees and too little fear, a software engineer turned business developer with a passion for helping businesses grow.
Previously the founder of Trade Shield and Mining Atlas, as well as leading the business building of Inoxico and SupplierRate.
Key players helping us build Veruta.
Founder of Strive
Seasoned executive and founder of analytics companies across multiple sectors, with the latest success at Strive.
Experienced operators and visionaries who help us grow.