TreviPay & Allianz Trade to boost B2B risk management solutions

By Gloria Mathias

TreviPay, the B2B payments and invoicing network, has announced a new partnership with Allianz Trade, the global trade credit insurance provider.

This collaboration will allow TreviPay to integrate Allianz Trade’s credit insurance into its suite of trade credit and invoicing solutions, enhancing risk management and enabling funding capabilities for businesses worldwide.

The partnership will enable companies to secure transactions and grow with confidence by utilising the benefits that trade credit insurance provides. This addition is particularly beneficial for SMBs that may lack extensive credit histories but possess the potential for significant growth.

This collaboration also supports companies as they navigate direct-to-consumer (DTC) models and manage the risk of selling outside traditional distributor networks. Allianz Trade’s ability to underwrite a wide range of buyers complements TreviPay’s automated B2B payments technology solutions, ensuring transactions are covered and risks are managed efficiently.

“A strong alignment in innovative financial solutions and customer commitment makes this partnership with Allianz Trade a natural fit,” said Brandon Spear, CEO of TreviPay. “The option to integrate trade credit insurance into our offerings ensures that our clients can transact with greater confidence and flexibility, driving business growth and customer loyalty.”

Recent research by TreviPay shows that seamless A/R automation and offering trade credit are pivotal for B2B buyer loyalty. The study found that 72% of business buyers are more loyal to businesses that provide their preferred payment methods, with trade credit being a top choice. Despite this preference, many companies struggle to provide trade credit to their buyers due to cash flow strain and concerns about a growing DSO.

The Allianz Trade partnership allows TreviPay to enhance its flexible funding capabilities. It provides the option to utilise trade credit insurance as needed or requested, tailoring solutions to clients’ specific risk needs. TreviPay clients can further improve their order-to-cash (O2C) process, ensuring trade credit and invoicing are not only automated but also financially secure.

Francois Burtin, Global Head of Group Transformation for Allianz Trade, added, “By combining our expertise in risk management with TreviPay’s technological capabilities, we are setting new standards in business payments. This partnership allows us to support more businesses in achieving their strategic goals with enhanced security and efficiency.”