Credit Management

The Challenge: You need to find a better way to manage Credit Risk throughout the customer lifecycle without the manual time, consuming repetitive tasks needed to establish credit limits, such as: application processing, reference calls and letters, research, financial reviews, analysis, and gaining approvals on your entire customer base.

Automated Credit Application for end-to-end credit management. With our powerful new end-to-end credit application processing, you can control the entire customer on-boarding and monitoring experience, saving 80% of the manual labor, and accelerating order approvals by up to 90%. For multi subsidiary corporates, it is now possible to seamlessly manage credit risk at the corporate level while delegating day-to-day management to the subsidiaries or branches.

The Solution:  Carixa allows you to assign customized scorecards based on the business unit incorporating scoring data, and customized to your credit organization policies, and includes management workflows, approval limits, exposures monitoring, reviews, management escalations, electronic signatures, documents, controls, and audit histories for SOX, easy reporting, and more. It is highly automated and controlled, so management can focus on the exceptions and important risks vs. routine tasks.

  • Achieve best-in-class DSO and cash flow, and reduce delinquency and bad debts
  • Assure outstanding results without adding staff with system-driven performance
  • Auditable compliance with corporate risk policies
Features More Benefits
Online Credit Application Your automated, branded solution that saves time, eliminates repetitive work, and eliminates data entry errors and time spent shuffling paper
Tracks new accounts seamlessly via a productivity dashboard
Custom Scorecards Defined scoring models applied consistently to your customer base
Portfolio Alerts Provides actionable alerts online and by email.  Critical information specific to your customers
Portfolio Monitoring Provides actionable alerts online and by email
Portfolio Benchmarking Benchmark metrics that enables you to assess the
Portfolio Consolidation Visibility to risks on a consolidated and individual company basis
Credit Management Workflow All credit tasks and decisions are managed via powerful workflow with escalation for approvals
Credit File Documentation The system prepares documentation to support your credit decision, essential for audit review