Riverty Business Blog
Our experts share experiences, industry knowledge and market trends with you in our Riverty blog.
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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.![Man leaning towards window looking up from his phone](/4994fa/globalassets/media-images/insights/blog/Predictions-for-the-future-of-BNPL.png?width=230&height=143&rmode=crop&hmac=60c69131c6252e5f3ffbeb99b845db96f5735dede55ed4928ebad222a7acbe82)
Looking Ahead - Predictions for the Future of BNPL and Riverty's Role in It
In the rapidly evolving world of financial services, Buy Now, Pay Later (BNPL) options are proving to move innovation forward. They offer consumers a flexible alternative to traditional credit cards. As we’re on the brink of a new era, it's crucial to look ahead and anticipate the trajectory of BNPL services. This isn’t just about predicting the future market. It’s also about understanding how important companies like Riverty are in shaping how people handle their money.![Showing kpi's in debt collection at an tablet and phone](/4993ab/globalassets/media-images/insights/blog/debt-collection-kpi.png?width=230&height=143&rmode=crop&hmac=274eefdd6168f42eb6d96d2ce4e4a99124275425dd634e9d5f93fba96c2c9371)
Mastering Debt Recovery: Key performance indicators that drive success
In the complicated world of debt collection, measuring progress is not just useful, it is essential. Key Performance Indicators (KPI’s) serve as the compass that guides through the complexities of collection operations and ensures remain aligned strategic objectives.![A human centric approach in debt collection due to AI and machine learning](/49970e/globalassets/media-images/insights/blog/debt-collection-human-centric-ai.png?width=230&height=143&rmode=crop&hmac=0efd103cdab2d90e48fe5f3f752569b40b404b9f7e0db8b6bbd2ecf1281af861)
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.