Semcoglas and SCHUMANN – 10 Years of Trustful Cooperation

Semcoglas Holding GmbH is one of the most successful glass processing companies in Europe. It is the third largest glass processor in Germany and has over 20 locations in Germany and abroad.

Driven by rising insolvency figures, increased WKV premiums and non-transparent processes in credit management, the decision was made in 2009 for a comprehensive credit management software: CAM Industry & Trade

Today, there is a company-wide uniform credit guideline that is consistently implemented:

• Every customer receives a credit rating.
• The branches access this rating and the associated risk information.
• The central instrument of this uniform credit policy is the credit application process, which is geared to Semcoglas' specific requirements.
• This allows (partially) automated lending, checks competencies and responsibilities and, for example, obtains external information differentiated according to customer groups.

• 45% reduced receivables duration
• 75% reduced bad debts
• 45% reduced CCI premiums incl. extra premiums
• 80% reduced CCI credit check fees