This eBook outlines the insights from Experian
What Is Your Primary Focus Of Your Department Upon Reopening?
Continue with the same scoring models with emphasis on back-end data
Integrated-credit scoring with AI, ML & deep neural networking
Identifying high risk industries and how to delve into those accounts
Dan Meder, Experian
Michael Flum, CreditRisk Monitor
Ian Thompson, S&P Global
Looking at portfolio on a weekly basis, trying to leverage those elements and metrics that allow you to look at outstanding receivables
Eric Kider,Credit.net
Pushing SMEs for credit card payments & payment portals
Engaging with new industries and new markets
While onboarding, focusing on extracting more information on regional and industrial-level
Eric Kider,Credit.net
Ian Thompson, S&P Global
HighRadius Credit Software automates the credit management process, enabling credit managers to make highly-accurate credit decisions 2X faster and enable faster customer onboarding with 4 primary components: configurable online credit application, customizable credit scoring engines, credit agency data aggregation engine, and collaborative credit management workflow. Along with that, there are a lot of key features that should definitely be explored some of which are online credit application, credit information aggregation, automated credit scoring & risk assessment, credit management workflows, approval workflows, and automated bank & trade reference checks. The result is faster customer onboarding, better internal collaboration, higher customer satisfaction, more targeted periodic reviews, and lower credit risk across the company’s customer portfolio.