Credit Risk Management Software

Configurable Scoring Models & Approval Workflows

Fast-track credit evaluations by automating credit scoring across the globe and expediting credit approvals with automated workflows.

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Trusted by Credit Teams Across the Globe

Fast-Track Credit Evaluations with Configurable Scoring Models & Collaborative Workflows

We provide a highly configurable credit scoring & collaborative workflows automatically scores the customers using a comprehensive scoring algorithm, recommend a revised credit limit and risk class and provide a multi-tier approval workflow.

Get a Consolidated View of Credit Risk Exposure Across ERPs

Integrate seamlessly across multiple ERPs across geographies, business units
Get a one-stop view of credit risk exposure across multiple ERPs

Centralize Global Credit Operations with Multi-Language, Multi-Currency Support

Automatically translate credit reports, ratings in your preferred language
Automatically convert currencies in a global currency format or a local currency format based on your reporting requirements

Fast-track Credit Reviews with Configurable Scoring Models

Customize credit scoring based on various geographies, customer segments, business units
Automatically score the customers and get system recommended revised credit limit and risk class based on latest credit data
>Automate credit scoring for low-risk customers based on specific business requirements

Simplify Complex Credit Decisions with Automated Workflows

Set up multi-tier approval workflows for daily credit management activities based on your credit policies
Key stakeholders can approve/reject/reassign with a single click, simplifying credit approvals for large, global enterprises
Aggregate information faster from relevant stakeholders through emails or fax

Frequently Asked Questions

What is credit scoring software?

A credit scoring software gathers data from financial institutions and credit agencies to evaluate the creditworthiness of a customer.

What algorithms are used for credit scoring?

Autmated credit scoring software uses pre-configured credit scoring model to auto-calculate the credit score, risk class and credit limit of a customer.

How is AI used for credit scoring?

The Highradius credit scoring software solution leverages AI-based data aggregation technology to automatically pull credit bureau reports and financial information on applicants, eliminating the need to compile the data backup manually.

What is a credit approval system?

Once the credit scoring software has suggested a credit limit, your team can either approve or deny this limit; and, the approval process is a multi-tier process.

What are the steps of the credit approval process?

Once the credit scoring software suggests a credit limit, your credit analyst can approve the credit limit directly within the system or can send it to the supervisor/manager for approval, either by sending an approval email to the manager or sending notifications through the system itself.

What are the benefits of automated credit scoring solution?

Automatically get credit score, risk class, revised credit limit based on comprehensive scoring model and expedite credit approvals with an automated credit scoring software.