FOR BANKING AND FINANCIAL INSTITUTIONS
Accounting Connectivity
Business credit ratings and other risk metrics are often based on self-reported company data or banking receipts and balances that cannot easily be disaggregated. These datapoints provide only a limited view into a company’s true repayment reliability, timing, and risk.
Crowdz takes a different approach by gaining access and using data from the accounting system to be incorporated into our risk metrics.
Transaction-Level Insight
Crowdz provides direct linkage into the invoice-seller's accounting system, giving Crowdz persistent visibility into the actual transaction history, including transaction amounts, payment or repayment reliability, and payment timing — transaction-level details that are available nowhere else.
Daily Data Sync and Seamless Reconciliation
The accounting-system data is pulled on a daily basis, providing the most up-to-date insight into a company’s financial condition.
The accounting-system connection also enhances the ability to reconcile a company’s receipts with purchased invoices.
Payments made to the seller for purchased invoices (or asset-backed loans) can be transformed on a timely basis into invoice-funding repayments.
Real-Time Risk Analysis Through Seamless Accounting Connectivity
Access real-time accounting data with Crowdz for precise risk analysis and seamless repayment reconciliation—upgrade your invoice finance program now.
