Recovr and Cipal Schaubroeck: an innovative collaboration on debtor management for the public sector
16 June 2022 - Saint-Gilles,
Cipal Schaubroeck, in-house software and service provider to many Flemish cities and municipalities, and the innovative fintech Recovr announce a far-reaching cooperation. Their goal is to take the debtor management of local governments, and governments in general, to a higher level. Recovr's innovation in the field of debtor management is combined with the robust financial software suite of Cipal Schaubroeck. This will help authorities to collect their revenues with minimum effort, in an easy and automated way. Thanks to this digital transformation, governments can fully focus on what is really important to them: serving the citizen.
The power of an ecosystem
Luc Jacobs, Head of Administration and Finance at Cipal Schaubroeck, says: "At Cipal Schaubroeck, we work with cities and municipalities to build the governments of the future. We use our own experts for this purpose, but we also choose to enter into partnerships when another player can bring added value to the public sector. In this way, we build an ecosystem of partners who provide innovative solutions, including in the field of finance.
"While cipal Schaubroeck already helps more than 2 out of 3 Flemish local authorities with policy development and monitoring and with tax collection, we found that there is an acute need for a very simple and efficient system for debtor monitoring, in other words, a very user-friendly system that ensures the smooth collection of the various debts."
Recovr's report: best in class
Alessandro Drappa, co-founder of Recovr, says: "Our mission is to ensure that SME managers and financial directors no longer have to worry about unpaid invoices. We help them improve their cash flow so they can focus on what matters most to them. In short: we optimise cash management. "
He continues: "The public sector also faces this challenge, of course, but our expertise in this sector is limited. With more than 40 years of experience in the public sector, Cipal Schaubroeck is the ideal partner for Recovr to help cities and municipalities with their debtor management. For this, we will use the Recovr 'chassis' on the one hand and use Cipal Schaubroeck's expertise on the other to adapt it to the needs of the public sector. "
Flexibility for cities and municipalities
"The strategic partnership with Recovr, a promising scale-up in the field of Fintech", adds Luc Jacobs, "allows us to meet a very concrete need of governments. By working in a modular way, we can also bring this innovation in the very short term and fully adapt it to the needs of our public sector. Independent expert analysis has shown us that Recovr offers the most comprehensive and innovative credit management solution on the market. That's why we're partnering. And together we will provide a top-notch and ultra user-friendly debtor management solution for the public sector. The system will automate typical public processes as much as possible. In this way, the city or municipality can focus on what is most important to them, namely serving the citizen. "
About Recovr
Recovr is a start-up founded in 2018 on this fact: every year, thousands of companies go bankrupt, not because they did not perform well but because they were not paid for products and services they delivered.
Recovr is a (cloud-based) software that aims to reduce payment delays, facilitate and optimise collection.
While this type of software is usually intended for large companies, Recovr is aimed at SMEs (mainly BTBs, often between 5 and 50 FTEs). On a daily basis, they are the most exposed to cash flow problems. Half of the invoices issued are not paid on time. Recovr is thus positioned as a partner for optimal cash management and contributes to the fight against SME debt.
Our mission is to enable SMEs and their managers to stop worrying about unpaid invoices, improving their cash flow and allowing them to focus on what matters most to them.
About Cipal Schaubroeck
Cipal Schaubroeck wants to innovate - through sustainable co-creation with customers - to take the digital transformation of governments to the next level. People are at the heart of it all. The citizen, the civil servant and our staff must benefit. The citizen through a user-friendly and efficient government, the civil servant through user-friendly and reliable applications and our employees through the opportunity to develop their talents. Cipal Schaubroeck always strives to provide solutions that improve the quality of life of the citizen and simplify the work of the civil servant. Based on a vision of co-creation, Cipal Schaubroeck, in cooperation with various governments, is realising the digital transformation in a sustainable way.
With more than 600 motivated and competent employees, the Cipal Schaubroeck Group builds the governments of the future. Cipal Schaubroeck is constantly developing its expertise in the policy areas in which it is a structural partner for local authorities. In addition, Cipal Schaubroeck chooses to join forces in order to invest even more in innovation. In recent years, an ecosystem has been formed around Cipal Schaubroeck, which makes it easy for local authorities to benefit from the innovation provided by the subsidiaries and partners.
Contact us
Recovr - Alessandro Drappa - CEO & co-founder - 0497 44 64 38 - alessandro@recovr.eu ; recovr.eu
Cipal Schaubroeck nv - Isabel Van den Eynde - Customer Relations Manager
- 0498 43 14 03 - isabel.vandeneynde@cipalschaubroeck.be
www.cipalschaubroeck.be
