SEATTLE–(BUSINESS WIRE)–Aiming to enhance the returns to collectors from inefficient and sluggish asset auctions, Revitalization Companions has developed a proprietary new digital advertising system to reinforce its experience in company restructuring and receiverships. RP’s Asset Advertising Platform supplies an alternative choice to conventional auctions with a sturdy on-line device that may unlock trapped worth extra rapidly.
Using cloud-based know-how, the Revitalization Companions system provides the agency’s professionals, all former C-suite executives, the flexibility to extract extra worth in managing the receivership course of. As well as, it ensures a degree taking part in subject by cataloguing each interplay and producing extra detailed reporting.
Patrons will admire the bid construction offered by the system, enabling them to extra rapidly perceive the public sale course of and submit bids. Exercise monitoring creates a report of each interplay, together with an accompanying curiosity rating. These outcomes can then be utilized by RP to phase the market curiosity and tailor communications to potential consumers..
One of many system’s most compelling options, nonetheless, could be the bid optimization module. As an alternative of tabulating leads to relation to general belongings, RP’s platform optimizes value by every merchandise, using scores based mostly on the interactions and curiosity round particular person belongings. That improves ROI in addition to sell-through.
Patrons of distressed belongings typically come from an organization’s database, however the platform takes these data fields to a different degree. Its skill to combination and combine information with detailed purchaser classifications developed by RP advisors may also help increase the addressable market for an organization’s belongings.
“Our objective in designing the system was to extra effectively monetize the worth of belongings in receiverships,” stated Pat Scanlon, who leads the digital enterprise apply at Revitalization Companions. “By taking an organization’s mental property and using AI know-how, we now have not solely elevated pace, but in addition the variety of potential consumers.”
About Revitalization Companions
Revitalization Companions focuses on enhancing the operational and monetary outcomes of small and mid-market corporations nationwide and overseas. Whether or not the scenario requires interim administration, enterprise valuation or evaluation, revitalization, re-engineering or managing by way of the receivership/chapter course of, the agency focuses on discovering the most effective decision within the shortest period of time – with the very best attainable return.