"Because of many different systems we had in place and this massive data set, it took us a very long time to merge our risk data and were actually spending almost two weeks each month preparing data into the different systems."
Freudenberg Sealing Technologies
The solution: Automate Credit Management
Automatic data collection from internal resources, e.g. payment experiences from SAP and external data, e.g. credit report data, as well as user-defined scoring and monitoring of the complete B2B customer portfolio.
Previously monthly, now daily: Up-to-the-minute availability of all risk data on a day-to-day basis. The system’s check for anomalies (“alert messages”) creates scope for proactive credit management.
Get a complete overview of the current situation, even for identical customers in different legal entities. Get simple portfolio evaluations of the entire customer base at the push of a button.