The Debt Trap: Why your customers fall in and how you can help them climb out

While it might provide a short-term sales boost, chronic debt can lead to late payments, defaults, and ultimately, lost customers. How can your business prevent this and cultivate a financially secure customer base?

Insights for transparency in financial flows: Riverty creates clarity for energy providers and customers

Today's economic challenges require innovative debt collection solutions. Riverty offers energy providers user-friendly portals and customized strategies to make payment flows transparent and maintain good customer relations.

Empowering finances: the strategic impact of debt collection benchmarking

Effectively managing cross-border finances is not only an advantage, but also a necessity. For companies involved in international trade, the challenge of debt collection can pose a barrier to cash flow and overall financial health. In this blog post, we dive into the benefits of benchmarking debt collection.

Measuring What Matters: Why KPIs are vital for effective collections

KPIs offer so much more than just numbers to report on. They provide valuable insights into the collections process and uncover opportunities for improvement. By closely monitoring these critical metrics, collections agencies can measure their financial goals, optimize their processes, boost productivity, and make informed decisions that drive business success and strengthen customer relationships.

Integrating AI and Machine learning into Debt Collection: A humanized approach

Efficiency and customer experience often dictate the success of business operations, but debt collection remains a challenging endeavour. Riverty does human-centric and fair collection processes, which is paired with digital innovations. This creates an efficient debt collection process, but also a streamlined user experience for both the end consumer and the client. In this blog post, we’ll show how AI and machine learning can revolutionize the debt collection process and deliver a combination of efficiency and empathy.

Social commerce 2024: A trend to stay?

In an era where the digital marketplace is evolving at an unprecedented pace, merchants are on the lookout for innovative strategies to stay competitive. The integration of social media into the commercial sphere, known as social commerce, has emerged as a transformative force. This trend is reshaping how businesses connect with their audience, merging the social experience with commercial transactions. This article aims to explore the latest trends in social commerce, providing insights for merchants keen on enhancing their e-commerce strategies.

Efficient debt collection for energy suppliers: Riverty
– keeping your finances in flow

International crises, slow economic growth, rising prices - many consumers are under financial pressure in these times – and energy suppliers are put under pressure when payments are missed or delayed. Efficient debt collection management can maintain the financial flow and ensure that utilities are never left high and dry.

Electricity and finance in flux: Receivables sale to Riverty increases liquidity

In times of change, we go with the flow of electricity. We know that as the energy transition continues, energy providers are faced with significant investments. Not only do they face rising costs, but also the risk of payment defaults. How can they ensure a smooth financial flow? The solution: Selling non-performing receivables can help to secure liquidity and minimize default risks – keeping power and finances flowing.

Understanding overdrafts and their fees

At Riverty, we believe in equipping you with the knowledge and tools to navigate your financial journey with confidence. Today, let's delve into the world of overdrafts – a concept that may sound familiar to you. An overdraft can be seen as a kind of safety net provided by your bank. And allow account holders to withdraw more money than they have available in their checking accounts. This can be a lifesaver in emergencies or when unexpected expenses arise. It allows you to make transactions even when your account balance is insufficient, providing temporary relief during unexpected expenses or cash flow gaps.