Through this cooperation, TreviPay's trade credit and invoicing solutions will be enhanced, allowing businesses worldwide to better manage risk. Allianz Trade provides credit insurance.

TreviPay and Allianz Trade have partnered to offer more secure payment solutions to businesses, particularly small and medium-sized enterprises (SMBs). enterprises can handle transactions with confidence when they combine trade credit insurance with TreviPay's payments technology. This is especially true for enterprises that use direct-to-consumer (DTC) models or are branching out outside of traditional distributor networks.

TreviPay helps businesses optimize their order-to-cash (O2C) operations by providing automated trade credit and B2B payment and invoicing solutions.

Global trade credit insurer Allianz Trade specializes in insuring credit risk for a variety of customers, giving companies the financial stability they require to expand and thrive.

Through this cooperation, TreviPay's automated B2B payments solutions are complemented by Allianz Trade's capacity to underwrite credit risk, offering clients improved risk management.

Small and medium-sized businesses (SMBs) with short credit records stand to gain the most since they may expand with more trust in their transactions.

By working together, TreviPay is also able to enhance its capacity for flexible finance and provide customized solutions that address certain risk requirements, enabling companies to provide trade credit without experiencing excessive financial hardship.

Furthermore, TreviPay has become Allianz Trade's referral partner for customers in need of credit insurance in addition to sophisticated accounts receivable (A/R) automation.

This alliance combines risk management with cutting-edge technology to create new benchmarks for B2B payments.

"A strong alignment in innovative financial solutions and customer commitment makes this partnership with Allianz Trade a natural fit," stated TreviPay CEO Brandon Spear. Our ability to include trade credit insurance in our products guarantees that our clients may conduct business with more assurance and flexibility, which promotes client loyalty and business success.

"By combining our expertise in risk management with TreviPay's technological capabilities, we are setting new standards in business payments," stated Francois Burtin, global head of group transformation for Allianz Trade. Through this collaboration, we can help more companies achieve their strategic objectives with higher levels of efficiency and security.

TreviPay has performed research that emphasizes the significance of trade credit and smooth A/R automation in preserving customer loyalty. The survey found that 72% of company purchasers are more devoted to organizations that provide their preferred modes of payment, trade credit being a top choice. However, a lot of companies find it difficult to grant trade credit because of issues with cash flow and high days sales outstanding (DSO).

TreviPay's products are improved by the Allianz Trade relationship because it gives customers the option to add trade credit insurance as needed, giving their transactions greater flexibility and security.