Digit89

We are thrilled to announce that 6 Belgian hospitals have already joined Digit89, offering an innovative solution to their suppliers that allows them to: ✅ Track the processing of their invoices in real time; ✅ Request immediate payment of their invoices. Many thanks Vincent Claes For your nice article in HealthCare Executive : https://lnkd.in/eGYxrb6u

The month of June often rhymes with cash flow crunch... Several times a year, the cash flow of businesses is impacted by predictable disbursements. This is especially the case in June with the payment of your employees' vacation allowance. To approach these particular times of the year calmly, it is crucial to have a precise view of your cash flows.   Ensuring the timely payment of your clients' invoices is essential to avoid cash flow crunches that could put your business in difficulty. Payment delays can have harmful consequences on your financial situation.   It may also be necessary to ensure sufficient cash flow to meet your own deadlines. In this case, different solutions are available to you, such as credit. Banks often offer 12-month financing, allowing you to spread disbursements monthly.   Although this may seem attractive, these options come with costs and risks. By spreading all your expenses monthly (advance tax payments, 13th month salary, VAT adjustments…), the day your bank stops offering this facility, you will have to handle the repayments of ongoing credits as well as new deadlines, complicating your financial management.   With Digit89, we offer a solution to these issues!   ✅  By consulting your Digit89 dashboard, you can ensure the proper processing of your invoices with your clients. ✅ By entrusting Digit89 with the payment of your invoices, even with close due dates, you ensure their settlement while eliminating the need for debt collection. This secures the payment of your invoices. ✅ If additional cash flow is needed, you can also request immediate payment of your longer-term invoices to promptlycover these periodic disbursements. By selecting invoices based on your needs, you only request the payment of the necessary amount, thus avoiding the recurrent use of credit financing. #earlypayment #cashflow #immediatepayment #invoice #treasury

👋 Meet Frédéric J., our CTO, CISO & Co-Founder! "Thrilled to serve as the Chief Technology Officer at Digit89 where my mission revolves around orchestrating the development of our technical ecosystem. This encompasses not only the seamless functionality of client-facing platforms but also the robust backbone that underpins both internal and external processes. In my capacity as a security officer, I am committed to upholding the highest standards of privacy and security. In the dynamic world of fintech, this commitment is paramount. My journey in the tech realm has always been fueled by a passion for innovation. I see my role not just as a technical lead but as a creative problem-solver. Building solutions from the ground up has been a lifelong pursuit, and it's this creativity that I bring to every challenge we encounter at Digit89. With an unwavering eye on the future, I'm deeply intrigued by transformative technologies like Blockchain and LLMs. I firmly believe they hold the key to unlocking significant value for the future of Fintech, and I'm excited to explore their potential. As one of the founders of Digit89, I am drawn to the unique opportunity we have to shape a company that thrives on innovation and paves the way for the future. Join us on this incredible journey of building and innovating at the intersection of technology and finance!"

❌ “Running out of cash is the second most common cause of business failure” - Janet B.Johnson The purpose of cash flow forecasting is to help you manage your company's money in a way that ensures timely payment of invoices and loans, and, more importantly, keeps you away from a poor cash flow position that could lead to financial difficulties. A proper Cash Flow forecast will help you: 👉 Meet short term financial obligations 👉 Strengthen your relationship with creditors, lenders, suppliers and any other stakeholders 👉 Estimate cash coming in and going out based on past business performances. Cash-flow forecasting presents challenges stemming from information gaps and inherent uncertainties. Fortunately, tools exist to provide the necessary information and empower you to take control of your cash flow, thereby substantially enhancing your cash forecasting capabilities. If any of your clients have joined Digit89, you can benefit from this online platform as a supplier, significantly reducing uncertainty and gaining better control over your cash inflow: ✅ Obtain real-time information on the processing of your invoices by your clients (ensuring invoices reception, timely approval, and error detection). ✅ Request the immediate payment of the invoices of your choice. This solution gives you the full control over your cash-in by allowing you to decide when to receive payment, in exchange of a small discount fee. An accurate Cash Flow Forecast can be time consuming however, if done properly, it will give you all the tools you need to accurately plan the growth of your company. To know more about how to create an accurate Cash flow Forecast: https://lnkd.in/dqR4s_vK Bench Accounting Article: https://lnkd.in/d2NPQb7N

CHU de Liège has recently joined Digit89 to empower their suppliers with the benefits of the Digit89 platform! 💻 More than 170 suppliers of CHU de Liège already have access to their dedicated portal, and still counting 🎉 From now on, those suppliers can: 1️⃣ Gain real-time visibility into their invoice processing by the hospital 👀 Through their Digit89 interface, suppliers can easily track the processing of their invoices. They can verify if their invoices have been received by CHU de Liège and stay informed about the approval status. 2️⃣ Enjoy the advantages of immediate payment of their invoices 💶 If suppliers don’t want to wait until invoice maturity date before receiving their payment, they now have the option to get the early payment of the invoices of their choice from Digit89, at an affordable rate. 📣 Would you like to follow the footsteps of CHU de Liège and join Digit89 to enable your suppliers to enjoy these benefits, and therefore strengthen your supply chain?

CHU de Liège has recently joined Digit89 to empower their suppliers with the benefits of the Digit89 platform! 💻 More than 170 suppliers of CHU de Liège already have access to their dedicated portal, and still counting 🎉 From now on, those suppliers can: 1️⃣ Gain real-time visibility into their invoice processing by the hospital 👀 Through their Digit89 interface, suppliers can easily track the processing of their invoices. They can verify if their invoices have been received by CHU de Liège and stay informed about the approval status. 2️⃣ Enjoy the advantages of immediate payment of their invoices 💶 If suppliers don’t want to wait until invoice maturity date before receiving their payment, they now have the option to get the early payment of the invoices of their choice from Digit89, at an affordable rate. 📣 Would you like to follow the footsteps of CHU de Liège and join Digit89 to enable your suppliers to enjoy these benefits, and therefore strengthen your supply chain?

🎉🍾 An exceptional year is coming to an end, and we are thrilled to share our 2023 recap with you! A year marked by the expansion of our team, the formation of strategic partnerships allowing us to accelerate our development, the deployment of a new version of our platform, and a specific focus on the healthcare sector. We are proud to note an acceleration in the number of hospitals joining Digit89, as well as the onboarding of numerous suppliers using the Digit89 platform daily as a tool for managing and optimizing their treasury. Let's dive into the 2023 KPIs: ⚡️An annual outstanding amount representing 800 million euros of invoices available on the platform annually. ✚ 6 buyers have joined Digit89, including 4 hospitals. 💪 Over 250 suppliers have direct access to our platform. 🤝 More and more ERPs connected to the platform, such as Adfinity or SAP. And as for our wishes for 2024: 🏥 100% of Belgian hospitals connected to Digit89, representing an annual purchase volume exceeding 11 billion euros. 🙌 Become an indispensable systemic solution for an even larger number of suppliers in the healthcare sector. A huge thank you to all of you for the constant support you provide to Digit89. The entire team wishes you excellent year-end holidays! We look forward to an exciting 2024! 🚀

Meet Clyde Thomson, our Backend Software Engineer! 👋 As a developer, my main responsibility lies in the development of the platform, with a particular focus on the backend. 👨💻 Passionate about football, coding, and technology in general, I especially appreciate the ability of code to allow me to acquire practical knowledge every day. My experience at Digit89 has also provided me with the opportunity to explore a complex software architecture, different from my previous experiences. In my view, the increasing automation of processes and tasks is of paramount importance, both to improve efficiency in the coding field and in other professional sectors. Similarly, I consider data analysis by artificial intelligence as a key element to optimize decision-making and increase the accuracy of forecasts. 📈 That's why I am deeply committed to diligent technological monitoring, constantly seeking to stay at the forefront of the latest trends and innovations.

❓ Saviez-vous qu’un fournisseur passe en moyenne 10 heures par semaine, soit 74 jours par an, à solliciter ses clients (les hôpitaux) pour obtenir des informations sur l’état de ses factures ? 🎙 Le CHR Haute Senne compte près de 900 fournisseurs actifs. Nous avons rencontré Ruth Pfouchi, Responsable Comptabilité Fournisseurs au CHR depuis 7 ans. La gestion fournisseurs peut être un défi de taille, Ruth nous révèle comment la solution Digit89 impacte positivement son quotidien : 👉 Une diminution considérable des sollicitations des fournisseurs pour obtenir des informations sur l’état de leurs factures. 👉 Un gain de temps pour les équipes de gestion des fournisseurs qui peuvent maintenant se concentrer sur la réception, l’encodage et la validation des factures entrantes. 👉 La possibilité pour les fournisseurs de se référer directement à la plateforme pour avoir une vue détaillée sur le statut de leurs factures. L’interview de Ruth se trouve ici ⇒ https://lnkd.in/eggtP_dg Pour transformer votre gestion fournisseur, découvrez comment Digit89 peut vous aider en réservant une démonstration ici - https://lnkd.in/eSp383JQ - ! 🚀

D-17 to year-end closing for many companies! ⏳ Curious about strengthening your balance sheet? 📈   Digit89 empowers you to easily enhance your balance sheet by turning your receivables into cash through the early payment of outstanding invoices.💶 ✅ SIMPLE PROCESS: your clients have already uploaded your outstanding invoices on Digit89. Simply log in to your online interface to select the invoices you want to accelerate. ✅ AFFORDABLE: the selected invoices are paid within 48h by Digit89 in exchange for a small discount fee per invoice, lower than commercial discounts. ✅ CONTROL YOUR CASH FLOW: unlike traditional approaches, Digit89 puts the decision-making process in your hands, you choose the invoices. ✅ HEALTHY: Digit89's early payment does not impact your debt ratio, unlike other classical financing such as loans, ... Don't wait any longer! Explore more by scheduling a demo 💻: https://lnkd.in/eX-7W6Sa