Innovation Challenge #0225
Open Innovation Challenge to find an innovative solution for assessing customer financial stability and managing credit risk.
Innovation Challenge #0225
🗓️ 26/03/2025
🌍 Italy
Challenge Industry
Artificial Intelligence and Machine Learning, Finance & Administration
Challenge Description
We are looking for an advanced technological solution to support the Finance & Administration Department in assessing the financial stability of customers and managing credit risk.
The tool should include the ability to:
🚀 Automatically aggregate customer information from external sources such as company websites, commercial databases, business registry reports, and financial news.
🚀 Structure and classify data to evaluate financial stability, corporate reputation, and insolvency risk.
🚀 Generate strategic insights and alerts to support decision-making within the Finance department.
The company handles a high volume of financial analysis, and the solution will be used continuously to monitor credit risk and support strategic planning.
Implementation time
3 months
Budget Range
From 10k to 20k
Company Target
Software house, AI tech companies and startups with ready to set tech tools.
Start date
02/03/2025
Close date
30/03/2025
Challenge ID
#0225
A multinational company specializing in talent acquisition, selection, and human resources management. It helps businesses find the right professionals for their needs by providing temporary and permanent staffing solutions, HR consulting, and training services. Additionally, it supports job seekers in their professional growth by offering career opportunities across various industries and helping them develop their skills.
Company name
Revealed after application
Country
Italy
Industry
Staffing & Recruiting
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To apply for the Innovation Challenge, you must register your innovative company on Innovation Match. The costs depend on the selected plan, are applicable only at the time of subscription, and include an introductory video call with the company implementing the innovative solution.
In addition to the application costs, once your project is confirmed, you will be charged sales commissions equal to 15% of all invoices you issue to the client during the first 12 months from the project start date.
Request a meeting with our team to get more information and confirm your application to the challenge.
An Innovation Challenge is a structured process through which companies define a specific innovation need and invite innovative businesses, startups, and technology providers to propose solutions. This approach allows companies to explore cutting-edge technologies, new business models, and disruptive innovations tailored to their needs. By launching an Innovation Challenge, companies gain access to a curated selection of innovative players, reducing time and effort in scouting and validating new solutions.
Any company looking for innovative solutions to enhance its business can create an Innovation Challenge. This includes corporations, SMEs, and organizations seeking technological advancements, new market opportunities, or improvements in their operations through collaboration with external innovators.
Innovation Challenges can be initiated and managed by different company functions, including:
Innovation: Head of Innovation, Digital Transformation Officers, Head of Digital.
Marketing: CMO, Marketing Directors and Managers, Directors of Marketing Agencies.
Human Resources: CHRO, HR Directors and Managers, Directors of Recruitment Agencies.
IT & Tech: CIO, CTO, IT Managers & Directors.
Top Management: CEO, COO, CFO, General Managers.
Sales: CCO, Sales Managers & Directors.
Innovative companies are carefully selected through the Innovation Match platform. Based on the brief provided by the company launching the challenge, our platform identifies and shortlists the most relevant startups and technology providers. The selected companies are then introduced through introductory video calls, allowing direct interaction and evaluation before proceeding further.
Yes, it is possible to publish an Innovation Challenge anonymously. This option ensures that companies can explore innovation opportunities discreetly, without disclosing their identity publicly. The challenge details will be shared with potential solution providers without revealing the name of the company behind it, allowing for a confidential yet effective scouting process.
To launch an Innovation Challenge, the following information is required:
Application area: The industry or business function where the innovation is needed.
Budget: The allocated financial resources for implementing the innovative solution.
Implementation timeline: The expected timeframe for executing the project.
Project description: A detailed explanation of the innovation need, objectives, and any specific requirements.
Providing these details ensures a precise and efficient matching process, connecting your company with the best-suited innovation partners.