Credit Management

Credit Review & Decisioning

Increase Analyst Productivity. Automate credit reviews for low-risk customers, improving customer coverage to 100%.

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Key Features

AI-based E-Mail Remittance Capture

Credit Scoring Algorithms

Evaluate credit risk automatically. Use pre-built algorithms for new and existing customers.

AI-based E-Mail Remittance Capture

Credit Limit Suggestions

Set the right credit limits. Get suggestions based on payment behavior, credit score, etc.

AI-based E-Mail Remittance Capture

Automated Credit Decisioning

Set credit limits fast. Automate approvals for low-risk customers automatically to save time.

AI-based E-Mail Remittance Capture

Customer Hierarchy Management

Manage risks easily. Set credit limits at the parent or child level for better control.

400+ Enterprise Customers

Enterprise Customers

600+ Mid-Market Customers

Enterprise Customers

Recommended Resources

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What are 5 Cs of Credit and How to Use them in 2024? (+Examples)

Understand the five C’s of credit- character, capacity, capital, and collateral and learn their importance in assessing the credit risk of a borrower.

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6 Key Performance Indicators for Accounts Receivable Every Global Credit Risk Manager Should Track

Elevate credit risk management globally with these essential six accounts receivable key performance indicators. Track and optimize AR performance effectively.

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Top 6 Mistakes Credit Managers Make When Using Credit Scorecards

Discover the common pitfalls to avoid in credit scorecard management. Learn how to optimize your credit decisions and avoid costly mistakes.

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FAQs: AI Powered Credit Risk Management Software Solutions

What is the Credit Management Software?

The Credit Management Software empowers you to reduce bad debt & mitigate risks. With credit scoring algorithms & real-time credit risk monitoring, you can evaluate your customers efficiently. We offer a customizable online credit application, seamless integration with 25+ credit agencies & flexible scoring models.

What are the benefits of the Credit Management Software?

The Credit Management Software helps you reduce bad debt by 20% & improve credit application approval time by 90%. The software empowers you to seamlessly onboard your new customers, safely increase credit limit for high potential businesses while proactively monitoring at-risk accounts.

How does the Credit Management Software reduce bad debt?

Credit Management Solution proactively monitors existing customers with automated workflows & integrating credit agency data, it identifies high-risk accounts using the credit decisioning software. It empowers you to identify high-risk accounts, adjust credit limits, and minimize unpaid invoices to reduce bad debt.

What are the best features of Credit Management Software?

The Credit Management Software uniquely offers advanced modules: Online Credit Application for faster customer onboarding, Credit Workflow Management for faster approvals, Credit Agency Integration for real-time credit data, & Financial Statement Extraction for accurate financial analysis.

How does the Credit Management Software compare to alternative solutions?

Unlike alternatives, the Credit Management Software is powered by AI that is trained on $10.3 Trillion financial data across the world and has the capability to accurately predict upcoming blocked orders, assess credit exposure in real-time and manage credit portfolios across different geographies. The Credit Management Software is ranked as a leader in the Gartner magic quadrant for the business credit software category.

Does the Credit Management Software integrate with my ERP?

Yes, the Credit Management Software seamlessly integrates with your ERP. It offers out-of-the-box connectivity with major ERPs like SAP, Oracle NetSuite, Microsoft Dynamics, and Sage Intacct. Additionally, it supports API integration for Quickbooks, Sage Intacct, and Microsoft Business Central.

How much time does it take to implement the Credit Management software?

The implementation time for the Credit Management Software varies based on the complexity of your organization's requirements. However, our Speed to Value methodology guarantees swift implementation and ROI realization within 3 to 6 months, setting an industry benchmark.

Does the Credit Management Software integrate with credit agencies?

Yes, the Credit Management Software seamlessly integrates with over 40 credit agencies. Our out-of-the-box API integration supports major agencies like CreditSafe, Experian, S&P, Moody’s, Equifax, and D&B for credit reports. Additionally, it connects with sources like Yahoo, Edgar, Bloomberg for public financial data, and agencies like Coface, Euler Hermes, and Atradius for credit insurance information.

How much IT involvement is needed to maintain the Credit Management Software?

The Credit Management Software requires minimal IT involvement. With seamless plug-and-play integration into ERPs using real-time APIs and Hex (SFTP) connectors, along with pre-built modules and industry-specific best practices, customers can deploy remotely with ease, reducing all IT dependencies.

How does the Credit Management Software handle data security and privacy?

We prioritize data security & privacy, adhering to stringent industry standards such as GDPR, ISO, PCI DSS, HIPAA, & SOC. We employ robust encryption protocols & role-based access controls to safeguard sensitive financial data, ensuring utmost confidentiality & compliance with regulatory requirements.

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