Risk ManagementAre your customers creditworthy?
Analyse and monitor the financial health of your business relations
It's essential for your company to have an insight into the risks associated with new and existing customers. This information helps you to reduce write-offs and DSO. The information from D&B provides you with an answer to four important credit management questions:
Who am I doing business with? Identification
Will he pay me? Risk of insolvency
When will he pay me? Payment behaviour
How much can I supply on account? Credit limit
D&B information can help you at every stage of the Credit Management Cycle:
1. Proactively estimate risks and opportunities at the prospecting stage.
2. Assess the creditworthiness of new business relations and adjust terms and conditions accordingly.
3. Continue to monitor customers properly to identify possible risks at an early stage
4. Base the collection and reminder process on the credit risk.
You can assess and monitor your business partners on line using D&B business information. It's a good idea to implement an automated acceptance process, if you have to take a lot of credit decisions. You can use existing D&B policy rules and scores or opt for customisation. The D&B data can be integrated in your existing processes and systems according to your requirements.
Possible situations you are dealing with
- I want to estimate the risks involved with prospects
- I want to monitor developments in my accounts receivable portfolio
- I would like to integrate D&B data in my ERP system
- I want to automate my customer acceptance process
- I want to get an impression of the risks and business climate in a specific country
Would you like more information?
Do you want more information or would you like to make an appointment to discuss the possibilities? Please send us a message or call us:(010)7109560
Find a Company
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Global Decision Maker is an example of innovative customization
Thanks to Portfolio Manager we have hardly any bad debts
ABN AMRO Lease services it’s customers effectively and efficiently with the help of D&B
Integrated approval workflow management in one tailor-made tool
Bespoke credit solution balances risk and service
Eliminating the risks of an international dealer network
D&B helps Alpro to get insight in its portfolio