Integrated Receivables Cloud Platform

Credit Risk Decisioning Software

  • Automate Credit Scoring
  • Integrate with Credit Bureaus
  • Streamline Credit Approval Process

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Credit Risk Decisioning Software solutions diagram

Credit Risk Decisioning Software Solutions

Credit Cloud

Streamline credit management for smart, agile and efficient operations.

HighRadius Credit Cloud automates the credit management process, enabling credit managers to make quicker and more accurate decisions with the 4 Cs.

Customizable credit scoring engines:
Credit scoring models unique to the requirements of your company’s credit policy.

Credit agency data aggregation engine:
Automatically gathers and makes available decision inputs like credit agency reports, public financials, etc.

Collaborative credit management workflow:
Efficient approval hierarchies with both customer and internal credit stakeholders.

Configurable online credit application:
Simplified distribution process and reduced issues with omitted or incorrectly entered credit information.

Key Features

Credit Scoring and Risk Assessment Automation

Improve risk assessment with customizable scoring models for different geographies and customer segments while auto-assigning credit limits for low-risk high-volume customers.

Credit Information Aggregation

Reduce manual efforts by automatically retrieving the information required for credit risk decisioning from different sources such as agencies, credit insurance data providers and public financials.

ERP Agnostic Integration

Integrate with all modern and legacy ERPs seamlessly and easily with our ERP agnostic SaaS infrastructure.

Credit Management Workflows

Standardize credit management procedures for customer on-boarding, periodic reviews blocked order release, credit limit assignment, collateral renewal and approval of credit requests while improving collaboration between different stakeholders including sales, customer service.

Bank and Trade Reference Check

Accelerate the credit application process by auto-correspondence with trade and bank references provided by the client and tracking responses.

Online Credit Application

Speed up credit application processing by providing a web-accessible, easy-to-use and customizable form that enables capturing complete and valid information and syncs directly with your credit management systems.

Three simple steps for fast and accurate credit risk assessment

Define the parameters

Define which credit reports and information need to be imported from leading agencies such as D&B and Experian, credit insurance data providers such as Euler Hermes and Atradius, and public financials from Edgar.

Customize the credit scoring models

Define credit scoring strategies by configuring the formula, specific attributes, and weights to use for calculating a credit score, risk class, and credit limit. Implement multiple scoring models for advanced customization of credit risk assessments.

Automate approval workflows

Ensure process compliance by ensuring that important credit decisions are approved through the right hierarchy and stakeholders without depending on email and/or other correspondence tools.

Next Gen Credit Management

Real-time visibility on credit health and analyst productivity

Gain end-to-end process visibility with out-of-the-box reports and dashboards to track team productivity and key credit metrics including credit utilization, bad-debt, customer onboarding time, blocked order resolution speed, periodic review coverage, and analyst productivity. Receivables Analytics offers intuitive data visualization which helps you drill down into individual reports to identify bottlenecks or issues in the credit management process.

Predict blocked orders and take proactive action for faster resolution

Fast-track the resolution of blocked orders as the Rivana Artificial Intelligence Engine predicts the likelihood of future orders being blocked by studying parameters including credit availability, past purchase frequency, and current payment behavior. Predicting blocked orders enables credit teams to proactively direct the collection efforts for the identified accounts.

What our customers say

The Three Pronged Strategy to Reduce 20% Bad-Debt and Achieve 80% Cash Posting for 600,000 Orders Per Year
Navigating a Complex ERP Landscape to Streamline Credit Management for 18,000 Customers
120% Efficiency Improvement with a Global Solution for Credit Management

CB Ananthan

Manager,Customer Support Services - Americas, Global Credit and AR Reporting
Air Products
No order processed incorrectly. No order blocked unnecessarily. No Business disruptions for 170,000 customers that have been onboarded on to the credit management solution
Molly

Molly Pryor

Assistant Treasurer
Huntsman Corporation
We have come a long way with HighRadius. They have really helped us with the manual work and with the business growing, that’s definitely helping us to move forward.

There's no time like the present

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Resources

Template

Free Business Credit Scoring Model for New Customers with D&B, NACM & Experian Data
Download Now

Webinar

How Tech Data Achieved a 120%+ Efficiency Improvement on Credit Reviews
Watch Now

Benchmarking Report

Benchmark Your Credit and A/R Performance Against Your Competitors
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