The UK’s leading receivables finance and factoring portfolio risk-monitoring solution, Lenvi Riskfactor, is pleased to announce its latest strategic partnership with e-trusco’s ANACONDA invoice-monitoring software. This collaboration unites two industry leaders to provide clients with seamless end-to-end invoice and portfolio risk-monitoring for their receivables finance and factoring portfolios.
ANACONDA analyses receivables worth €300 billion annually—more than €800 million every day—empowering working capital financiers to meet compliance requirements effectively in transaction and risk monitoring at the point of invoice receipt. The software imports invoices and payment data from financiers' systems, employing advanced algorithms to detect and flag anomalies. Its intelligent system enables users to investigate suspicious activities and automate the process of sending verification letters, thereby enhancing due diligence and risk management for their clients.
Lenvi Riskfactor's leading portfolio risk-monitoring solution complements ANACONDA by taking over at the point of funding release. It provides continuous monitoring for trends and potentially fraudulent activities while supporting risk forecasting. This comprehensive approach ensures thorough risk management through the entire lending process.
Through shared data and trend analysis, clients can expect improved invoice verification processes without compromising fraud prevention capabilities. Additionally, the collaboration enhances workflow experiences and significantly reduces workloads for lenders who have been using both systems independently, thanks to the seamless integration between solutions.
By combining expertise and technologies, Lenvi Riskfactor and ANACONDA enable more efficient, secure, and compliant financial operations in an increasingly complex global market landscape.