Credit Scoring and Risk Assessment Automation
Intelligent, consistent, and accurate credit limit assessment with customized credit scoring models
WE DO THE ASSESSMENT. YOU MAKE THE DECISION
Customized credit scoring models to meet the specific credit assessment needs of companies
Simplify credit scoring with models customizable across regions, business units, and customer segments. Based on your specific credit scoring requirements, determine how you want to use the customer credit information and define scoring strategies by configuring the formula, specific attributes, and weights to use for calculating credit score, risk class, and credit limit.
Automatic assignment of credit limits for customers
Automate risk assessment and credit limit assignment for customers by defining logical conditions based on customizable parameters. Save time and resources to focus on strategic accounts.
Consistent risk assessment in accordance with company credit policies
Improve adherence to company credit policies by standardizing risk assessment strategies and parameters across regions and business units and adopting consistent interpretation of customer credit worthiness.
Real-time order evaluation
Evaluate customer orders and take real-time decisions on order release through API integration between your order management system and Highradius Credit Cloud solution.
There’s no time like the present
Get a Live Demo of Credit Cloud for Your Business.
Three simple steps for fast and accurate credit risk assessment
Define how you want to use customer credit information
Configure the weighted assignment and quantify all of the relevant parameters based on preferences drawn from your company credit policies.
Set up credit scoring models with advanced customization
Define credit scoring strategies by configuring the formula, specific attributes, and weights to use for calculating credit score, risk class, and credit limit. Implement multiple scoring models for advanced customization of credit risk assessments.
Automate credit limit assignment for low-risk, high-volume customers
Define and quantify attributes and set up conditions to automate the calculation and assignment of credit limits for low-risk, high-volume customers
This Is Why A/R Teams Love Us
Mercury Marine reduced customer onboarding time by 67% and improved credit team productivity with streamlined credit operations and faster processing of periodic reviews.
Tyson Foods achieved a $100M reduction in blocked order with accurate and consistent credit scoring and credit limit automation.
There's More to Credit Cloud
5 Essential Credit Management Workflows for 2X Faster Credit Decisions
Benchmark Your Credit and A/R Performance Against Your Competitors
Datasheet: Credit Cloud