UR-LI Assessment of counterparty solvency

Main article: Defining Business Intelligence

2022: Launch of AI-service "Assessment of counterparty solvency "

Russian startup from SEZ Innopolis launched a service developed by the company UR-LI AI to assess the solvency of a counterparty, which, according to the company, in 1 minute calculates the maximum permissible amount for concluding a contract ("trust credit"), and also determines the probability of recovering this amount in a negative scenario. This solution will allow Russian companies time to filter unreliable partners in real time and reduce the risk of transactions. This was announced on March 14, 2022 by UR-LI.

Illustration: abcd42.ru

The intelligent service "Assessment of counterparty solvency" does not require the involvement of qualified specialists, its work is based on artificial intelligence technology, therefore, the speed of information processing is 40 times faster than traditional solutions for the market, and the convergence with the conclusions of collection experts exceeds 94%. Analyzing data from financial and accounting statements, the service calculates a "trust credit," and based on an intellectual analysis of the counterparty's behavior in the past, determines an indicator of the reliability of the transaction (the probability of collecting money).

The service will be useful to enterprises with a turnover of 500 million rubles to assess risks and determine working conditions with a particular bidder, small businesses - to select suppliers of goods and services, companies with a turnover of 100 to 500 million rubles - when concluding contracts.

{{quote 'author
= reported Valery Mayushkin, co-founder of the expert system UR-LI.|"More than 2 trillion rubles a year is damage from overdue receivables to Russian companies. By entering into transactions with counterparties, companies cannot independently assess the reliability of the partner and anticipate the likelihood of delays and non-payments. Existing solutions in the market do not completely cover the needs for detailed evaluation of counterparties. When choosing a contractor, it is first of all important to determine a trust loan, that is, the maximum allowable amount for a future transaction, as well as calculate the probability of a refund in a negative scenario. We have created a service that can do

this.

In the current economic situation, unpaid receivables can lead to bankruptcy of the company, so it is important to carefully select partners. Our service will help companies increase efficiency and the likelihood of survival, which means saving and getting customers in a competitive environment, "-}}