Recurring Saving of $160K by Standardizing Credit Workflow Globally

Impact Achieved

120%

Credit Department's Efficiency Improvement

300%

Increased productivity per month

$160K

Recurring Savings

“We had a global solution with efficiencies of one system which enabled integrated external reporting, automated credit scoring, credit monitoring and currency conversion for financial statements.”

case-study-speaker

Mary Ann Blackmore

Sr. Manager Credit Services

Tech Data

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About TechData

TechData, a wholesale distribution company with a $35 Billion revenue, needed credit management for expanding their business. The company was using SAP for credit processing.

Region

North America

Revenue

$8 Billion

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Top Challeneges

  • Lack of standardized workflow globally for credit management
  • Multiple legacy systems created huge operational costs on the IT team
  • Manually intensive data aggregation process for credit scoring

Business Benefits

  • One-stop solution for credit management implemented globally
  • Smart, customizable workflows for delegation of credit approval and smooth credit monitoring operations
  • Automated Aggregation of all necessary credit rating reports from agencies

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