Ellisphere operates in a complex environment
Pandemic, war in Ukraine, exploding cost of raw materials and energy, inflation… The recent upheavals are undermining business relations in BtoB, which is not without consequences, in particular, on inter-company credit management , main source of financing. for companies in France, that is, 800 billion euros.
In addition to this difficult economic environment, there is a constantly changing regulatory framework, which affects more and more companies, such as Environmental, Social and Governance (ESG) criteria, or even electronic invoicing that will have to be effective in all French companies by 2026. These developments imply adapting, and often even transforming, the information systems and commercial organizations of companies.
Finally, the proliferation of data is not without its dangers for professionals. In fact, too much information interferes with correct information: BtoB decision makers and operational staff need to have the correct data on all their third parties, delivered at the correct time, through the right tool to manage it.
Ellisphere responds precisely to these different challenges.
Share the right information about companies, the Ellisphere experience
Business relationships of trust in BtoB require a minimum of transparency of economic, financial and extra-financial information between companies.
Ellisphere, through the richness and quality of its solutions, thus intervenes in the entire business relationship in BtoB, from the beginning of the relationship to compliance issues, including intercompany credit management and fraud risk.
Leader in commercial information, Ellisphere shows the way by building for many years solutions and services that allow the sharing of the necessary data for the correct functioning of commercial relations between economic actors around the world. Helping to establish a climate of trust between companies is the credo of the company. The success of your D3 program This is attested to by: the collection and consolidation of payment experiences to improve visibility to third parties through payment behavior indicators. An innovative tool available to professionals in financial departments.
Online solutions that are easy to access and use
Since 2020 and the undermining of traditional balances, professionals, particularly in finance departments, have refocused on the fundamentals: bringing in cash and paying vendors; thus preventing risks, from the risk of lack of liquidity to the final risk of default by its trading partners.
To meet this challenge, Ellisphere is declining its offer in two main areas.
The first is to offer legal, economic, financial and extra-financial data obtained, updated, monitored, easily accessible and usable on a day-to-day basis.. To do this, Ellisphere offers two innovative online platforms: Ellipro, the risk management information platform and the platform Business compliance for compliance issues Sapine type II. Both are facing the new challenges of meeting third parties in BtoB, from building a relationship to managing the existing portfolio.
… The second axis, custom tools
Beyond data, operational staff also need business experts (data scientists, financial analysts, technical sales representatives) who can help them choose and implement decision-making tools (credit management, purchasing).
This support requires the deployment of solutions, sometimes tailored, with high added value, which precisely respond to the specific challenges of each company: organization and internal processes, information systems, ecosystem, activity. As the custom score on the probability of business failure offered by Ellisphere, designed with and for business users. By combining Ellisphere data with company data, this solution is built with the end customer to be as close as possible to the risk management needs of their customers and suppliers. Custom scoring can be based on different methodologies such as trading rules and/or artificial intelligence algorithms. It is a true aid to decision-making in risk management by directly integrating the business and technological ecosystem of the user company. By optimizing their decision-making process, professionals can thus focus on the files with the highest added value.
With its unique business expertise and data repository, Ellisphere remains resolutely forward-looking as it continues its pro-business actor strategy of innovation: creating solutions today that meet tomorrow’s challenges.
This content was produced with AGENCE DELTA. The BFMBUSINESS editorial team was not involved in the production of this content.
Source: BFM TV
