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Development of risk management approaches in factoring companies

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  • I. D. Golovanov

  • V. B. Frolova

Abstract

 Reducing the number of risks and reducing damage from them is the task of every enterprise, including factoring companies. Modern methods of combating fraud and insolvency of counterparties are losing their relevance every day. In such situations, it is necessary to turn to innovations and technologies in the field of financial services, which are already actively used by international companies today and have every chance of their adaptation in the Russian market. The subject of the research is the study and analysis of modern technologies and innovative methods of risk management.The research results consist in identifying the main risks of factoring companies, analyzing existing innovative technologies to combat them and developing proposals for their use in the Russian market

Suggested Citation

  • I. D. Golovanov & V. B. Frolova, 2024. "Development of risk management approaches in factoring companies," Scientific notes of the Russian academy of entrepreneurship, JSC “Publishing Agency “Science and Educationâ€, vol. 23(1).
    • Handle: RePEc:cvt:journl:y:2024:id:980
    DOI: 10.24182/2073-6258-2024-23-1-37-42
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