Credit Risk Management Solution
Our credit risk management solution will help you to automate processes across your entire credit risk management lifecycle for fast, accurate credit decisions and fewer manual tasks. Benefit from our AI-powered credit scoring and integrate third party data and credit insurers, while maintaining transparency with 360° credit risk monitoring and a compelling KYC experience. Transform your credit risk management now!
Improve Your Credit Risk Management and Gain Value
Credit Management Automation from End to End
Eliminate time-consuming and error-prone manual tasks and achieve automation rates of 85+ %
Unparalleled Precision in Your Credit Scoring
Detect risk significantly earlier with our integrated credit scoring methodology, powered by AI
Standardize Your Portfolio Management
Implement and maintain one standardized credit policy, centrally managed in an auditable solution, for proactive risk control
Less Cost & More Efficiency Across the Board
Redeploy staff to more value-adding activities requiring nuanced judgment and increase efficiency by up to 30%
Benefits of Credit Management Automation
Automate All Credit Processes
Automate your credit risk lifecycle from onboarding customers to managing credit accounts and achieve an advanced, transparent due diligence process
20+ Years of Credit Expertise
Rely on our business process design experience and expertise in credit management automation, a history of innovation, and satisfied clients worldwide
Global Credit Partner Network
Benefit from our longstanding partnerships with recognized credit rating and credit insurance agencies, connecting them directly to your solution
Powerful Credit Risk Management Software
AI Powered Credit Scoring
Central Digital Credit File
Real-time Data & Analytics
Assess Financial Statements
All Connectivity You Need
Our Solutions Drive Customer Success
“The implementation of the SAP integrated Credit and Risk Management solution FS² Credit was picked as one of the best projects we conducted in 2020.”
Ibrahim Armouti
Group Treasurer, HIKMA
Hikma
Discover how the international pharmaceuticals company Hikma achieved more efficiency, security, and transparency by intelligently automating their credit management process within SAP.
Merck
Merck, a leading science and technology company in healthcare, life sciences and performance materials, automated their credit and risk management and improved processes on a global scale.
Koch Media
Find out how Koch Media was able to achieve enormous rationalization and a central and quick overview of day-to-day business because of a direct connection from SAP to the credit insurer.
FAQs
Credit management refers to the process of assessing and managing the creditworthiness of customers or clients to minimize the risk of non-payment or default. It involves activities such as credit evaluation, setting credit limits, monitoring credit utilization, and implementing credit control measures. Credit management is crucial for financial departments as it helps mitigate credit risk, optimize cash flow, and maintain healthy customer relationships. By implementing effective credit management practices, organizations can make informed credit decisions, reduce bad debt, and ensure timely payment collections.
Credit risk management software plays a key role in enhancing the assessment and mitigation of financial risks by providing a centralized platform to identify, analyze, and monitor various types of risks, such as credit risk, market risk, and operational risk. It enables organizations to establish risk evaluation models, conduct scenario analysis, and implement risk mitigation strategies. By leveraging risk management software, financial departments can improve risk visibility, make proactive risk management decisions, and enhance overall financial stability.
Learn more about Serrala FS² Credit software.
Implementing an integrated credit and risk management solution offers several benefits for financial departments:
- Improved credit decision-making: An integrated solution provides comprehensive insights into customer creditworthiness, payment history, and financial stability, enabling better credit decision-making.
- Reduced credit risk: By combining credit assessment tools with risk monitoring capabilities, organizations can effectively identify and manage potential credit risks, minimizing the occurrence of bad debt.
- Enhanced risk visibility: An integrated solution allows financial departments to have a holistic view of various financial risks, enabling proactive risk identification and mitigation.
- Streamlined processes: By automating credit evaluation, risk analysis, and monitoring processes, organizations can improve operational efficiency and reduce manual efforts.
- Stronger compliance: An integrated solution helps organizations adhere to regulatory requirements and internal policies by providing risk control mechanisms and audit trails.
- Improved customer relationships: By effectively managing credit and risk, organizations can build trust with customers, leading to stronger relationships and potential business growth
- Learn more about Serrala FS² Credit software.