FRENNS spearheaded the development of an advanced, fully automated invoice financing solution, revolutionizing the traditional approach to invoice processing and financing. This cutting-edge solution seamlessly integrated with diverse accounting systems, efficiently assessing invoice eligibility for financing. Leveraging sophisticated AI algorithms, FRENNS’ system identified potential fraudulent activities within accounting records, safeguarding businesses against financial risks.

Furthermore, FRENNS’ innovative platform extended its functionality by seamlessly integrating with Companies House databases, enabling comprehensive cross-referencing of financial data with official records to ensure regulatory compliance and financial transparency. Recognizing its groundbreaking nature, FRENNS’ solution was patented and received the prestigious EU Seal of Excellence, setting new standards for excellence and reliability in invoice financing solutions.

Conqorde’s collaboration with FRENNS was marked by pioneering research and innovation in the realms of Artificial Intelligence (AI) and Machine Learning (ML). Conqorde’s team undertook comprehensive research to develop advanced methodologies for detecting fraudulent invoices, leveraging cutting-edge AI and ML techniques.

However, Conqorde’s contribution to FRENNS extended beyond fraud detection. Conqorde played a pivotal role in conceptualizing and inventing a groundbreaking solution for creating insurance policies and facilitating crowd funding for invoices. This innovative approach enabled instantaneous assignment of insurance for each invoice, revolutionizing the traditional processes associated with invoice financing.

By leveraging Conqorde’s expertise and innovative solutions, FRENNS was able to enhance its capabilities and offer a comprehensive and robust platform for invoice financing. Conqorde’s collaborative efforts with FRENNS exemplify its commitment to driving innovation and addressing complex challenges in the financial sector.