.

1. 13/11/2020 ©VIRTEO 2017 – Privileged & confidential 1
www.virteo.com
We improve your invoice to cash process

2. 50%
paid in
time
50%
overdue
6%
requires
external
collection
3%
written-
off
All issued
invoices
and debt notes
In the EU
labor and costs
managing collection partners
impacts DSO
BOTTOM LINE LOSS

3. Invoicing &
A/R
Internal Dunning &
Pre-collection
External Amicable
Collection
External Judicial
Collection
Internal
Reconciliation &
Reporting
Process
Bare front-ends
Collection
application
Bailiff application Usually Excel
Silo solutions
External partners
Debt collection agencies,
Lawyers, Judicial officers
Internal users
Credit manager,
finance
administration…
Integration &
aggregation
from
various data
sources
Automated
ledger
imputation and
BI reporting
Virteo is an integrated and end-to-end solution
Sequential
systems
Black box
Efficiency loss
Integrated
parallel process
Open &
transparent
Optimized
through data
control over
applied practices

4. 54
days
FASTER
12%
more
recovery
MORE
2 X
more
amicable
ETHICAL
Results after 12 months of use in the largest fitness chain in the EU

5. New insights
• Benchmarks
• A/B testing
• Detailed cost–efficiency analysis
• Optimized procedure

6. 2013
5 M€
>30%
Users
Founded. Now we are about 15, located in
Mechelen Noord
Venture capital raised. We are backed by
PMV, Theodorus, AAAF, Sherpa a.o.
Of all Belgian court bailiffs has a Virteo
access.
In retail, energy, health, finance, insurance
and public
About us

7. Remember this
1. It is a software platform, used by your credit dpt and by your collection partners
2. In the cloud, so easy to implement and with very fast return
3. You will save costs, reduce DSO and be empowered to ensure ethical practices are applied
We can help improving your invoice to cash process. Talk to us.
hello@virteo.be or 32 15 699 650

8. 13/11/2020 ©VIRTEO 2017 – Privileged & confidential 8
We improve your invoice to cash process
www.virteo.com
hello@virteo.be