{"id":4,"date":"2011-12-08T11:55:34","date_gmt":"2011-12-08T10:55:34","guid":{"rendered":"http:\/\/project.inria.fr\/template1\/?page_id=4"},"modified":"2026-08-03T11:12:49","modified_gmt":"2026-08-03T09:12:49","slug":"homepage","status":"publish","type":"page","link":"https:\/\/project.inria.fr\/murene\/en\/","title":{"rendered":"The MURENE Project"},"content":{"rendered":"
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Born from Inria research<\/p>\n\n\n\n

Reducing inter-company debt through network science<\/h1>\n\n\n\n

MURENE develops mathematical models and multilateral netting algorithms that free up corporate cash flow, grounded in graph theory.<\/p>\n\n\n\n

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Discover our approach<\/a><\/div>\n\n\n\n
Our publications<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n
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New milestone<\/p>\n

MURENE joins the Inria Startup Studio<\/p>\n

The project is moving from research to startup building, led by Joann\u00e8s Guichon and Florian Gon\u00e7alves.<\/p>\n <\/div>\n See the presentation<\/a>\n<\/div>\n\n\n\n

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The problem<\/h3>\n\n\n\n

Late payments and crossed debts strain the cash flow of small and medium businesses. These debts are not independent: they form networks of interdependencies where a local failure can have global effects.<\/p>\n<\/div>\n\n\n\n

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Our approach<\/h3>\n\n\n\n

We model B2B invoice networks as graphs, where vertices are companies and edges are invoices. Our algorithms identify and offset chained debts to reduce liquidity needs.<\/p>\n<\/div>\n\n\n\n

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Scientific grounding<\/h3>\n\n\n\n

A research group spanning Inria, LORIA and Bocconi, at the interface of mathematics, computer science and economics, whose work has led to several peer-reviewed scientific publications.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Why care about inter-company debt?<\/h2>\n\n\n\n

Inter-company debts now form complex networks whose dynamics can weaken the entire economic fabric. The MURENE<\/strong> project studies these networks using models and algorithms to propose new approaches for reducing debts and liquidity needs.<\/p>\n\n\n\n

A complex-systems and graph-theory approach<\/h2>\n\n\n\n

In MURENE<\/strong>, inter-company debt relations are modelled as weighted directed multigraphs, where vertices represent companies and edges represent invoices. This representation supports several objectives:<\/p>\n\n\n\n