IWYS
After 15 years in Corporate Finance, Armand KPENOU created IWYS in 2003, a consulting firm dedicated to Account Receivable Management.
After years of cooperation with another broker, IWYS decided to add brokerage services in credit insurance and commercial finance to our panel of offers.
As of today, IWYS proposes a threefold span of services:
Credit insurance & Reports
IWYS offers services from the pure players in this industry i.e. Euler Hermes, Atradius, Coface, Chartis, Cesce and Ducroire SA.
IWYS assists companies in designing the best solution in respect of their needs considering their global environment, markets, sales channels and customer typology, administrative processes, legal structures, IT organization, human resources, goals to achieve.
We naturally propose whole turnover solutions, Deductible scheme based solutions, Excess of Loss, Key Accounts Protection programs, Single Risk, Confiscation –Expropriation – Nationalization solutions, with a focus on cost and services.
Our offer include continuous support in managing the credit insurance contract training, and assistance in managing “non-routine” situations, especially claims and renegotiations of terms and conditions, in other words, cost and services.
IWYS proposes reports to companies not willing to use credit insurance. We naturally compare the credit reports solutions to alternative schemes in terms of service, accuracy of information and recommend a choice in accordance with the needs to address.
Commercial Finance
IWYS has developed strong partnerships with major financial institutions offering commercial finance through various forms of Invoice Factoring i.e. Full Factoring, Home Service (keeping collection in house), Silent Factoring, Off balance sheet programs, as well as Export and Import Finance
IWYS proposes to elaborate commercial finance programs based on the options portfolio of BNP PARIBAS Factor, EUROFACTOR, GE Commercial Finance, CGA – Société Générale – NATIXIS Factor, CM-CIC Factor, ABN AMRO Commercial Finance and BIBBY Financial Services
IWYS also proposes Reverse Factoring dedicated to Supply chain finance.
Our goal is to offer tailored solutions to CFOs and Treasury Managers by helping them choose the most adequate financing program that generates the highest financing, enhanced by our interventions on the credit risk transfer vehicle– i.e. credit insurance of receivables.
IWYS offers cross borders solutions and has joined CREDEA to ensure a high level of quality of support and services delivered on an international level with brokers sharing the same values.
Receivable Management consulting
IWYS has developed a strong knowledge in improving collection process of companies operating in France.
We help French companies increase the cash collected by assisting teams and managers in improving their collection performance. In this respect, IWYS offers:
Collection Outsourcing solutions: IWYS undertakes the collection of an allocated portfolio – usually old invoices – to relieve collection teams and let them focus on recent invoices
Collection additional resources: IWYS hires experts for and agreed and fixed term. This additional resource works in situ, i.e. in the premises of the company, and applies the same collection processes as in house collectors. The IWYS team has a unique goal: increases the collection rate and cash.
Consultancy services: IWYS realizes audits to identify Key Performance Indicators, understand why the performance expected is not met, and how to achieve the goals set. Based on trust, IWYS shares years of experience with all stakeholders in the process, Top management, Financial, Sales, Administrative, Logistics, Production and work together to improve a sustainable improvement of collection and customer satisfaction.