AWARDS REVIEW
AI IN FINTECH AWARD
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THE WINNER : CHASER
Chaser has integrated cutting-edge AI technology into its platform to address one of the most pressing issues facing small and mediumsized enterprises today : late payments . SMEs often struggle to manage receivables due to limited resources and this inefficiency can disrupt cash flow , hinder growth and add to operational burdens .
Chaser ’ s AI-driven features – late payment predictor , payer rating and recommended chasing times – are designed to alleviate these pain points by streamlining credit control processes .
The late payment predictor helps SMEs forecast the likelihood of an invoice being paid late , providing a percentage score that allows businesses to prioritise collections and make informed decisions on credit limits .
Payer ratings , based on historical payment behaviour , categorise customers into groups such as “ good ” or “ bad ” payers , optimising follow-up strategies and allowing companies to allocate their time more efficiently .
SHORTLISTED COMPANIES
• Accedia
• AML RightSource
• Chaser
• Pairpoint by Vodafone
• Trading Centra
HIGHLY COMMENDED
• Accedia
• Pairpoint by Vodafone
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84 November 2024