SCHUMANN Blog

Why the balance between risk protection and customer satisfaction is decisive. Economic uncertainty and an increasing number of insolvencies are presenting companies with the challenge of minimizing credit risks and at the same time strengthening customer relationships. This article demonstrates how this balancing act can be mastered with the help of practical strategies.

Despite a turbulent global backdrop marked by crises like Brexit, Covid-19, and the war in Ukraine, Trade Credit Insurers have enjoyed an impressive period of stability and profitability since 2010. A growing number of players, improved underwriting practices, and government interventions have all contributed to this resilience. But as the memory of past downturns fades, questions arise: How sustainable is this calm? And is the industry truly prepared for the next major shock?

Aurubis is active along a metal value-creation chain with the three main areas of concentrates, recycling and product business. The different cycles of these markets and their diverse customers demand credit management that is central but at the same time works flexibly for the subsidiaries in different countries. Aurubis found this solution in the credit management software ETCM - Ecclesia Trade Credit Manager based on the CAM Industry & Trade software from SCHUMANN.

Achieve the best of both worlds in surety insurance - seamlessly unite local agility with centralised portfolio control. Discover how you, too, can transform complexity into a strategic advantage.

In the data-driven business world of today, a well-founded evaluation of your business partners is decisive in minimizing risks and utilizing opportunities effectively. Here, benchmarks and peer groups offer invaluable advantages by creating an objective and data-based foundation for comparison. But why, exactly, should companies use these tools in the assessment of business partners?