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Startup Name: Aston iTF
Tagline: The accounts receivable collection software
Elevator Pitch: Led by CEO Amaury de la Lance, the company was formed in 2011. Its core business is the facilitation of short-term funding and cash management optimization of both large and small firms by optimising clients and suppliers trade receivables portfolio with 3 leverage:
– minimising payment delays (dunning) ;
– covering non-payment risk (credit risk management) ;
– funding trade receivables (factoring).
The firm’s core customers are companies of all sizes, but it has particular expertise in servicing insurers, banks, asset management firms and related finance sector service providers.
The online platform is simple, powerful, efficient, secure and responsive, and it has global reach. Its applications are modular, which ensures individual client requirements are precisely addressed. Costs are reduced and security enhanced by a fully automated process.
Aston offers modular solutions accessible from any web browser on any pc or tablet.
The web interface allows immediate, intuitive navigation without to need for specialised IT personnel. Client data is completely secure in a digital safe and is clearly organized and structured in real time.
Costs are based on a simple pay-for-use system. The user pays on the basis of turnover, with costs decreasing as volume increases.
Target Market: Crédit managers, financial directors, large and small firms
How will you make money?: Subscriptions
How much capital have you raised?:
Founder(s) Name: Amaury de la Lance
Website: https://www.astonitf.com
Twitter: @astonitf
City/Country: Paris, France
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