Lean Processes and Better Decisions.
With our credit management software, you can manage your credit risks efficiently and reliably. Our system covers all the relevant processes to achieve your earnings and liquidity targets – from creditworthiness evaluation and commercial credit insurance to receivables management.
Maintain an overview of every customer and your entire portfolio with the decisioning software CAM Industry & Trade.
Credit management is concerned with all the operational processes in connection with customer receivables. Its purpose is to identify the risks resulting from the allocation of supplier credit and to take measures to minimize or insure them. The aim is to improve the liquidity situation of the company and to limit any possible damage before it takes place.
In addition, credit managers are important partners for the Sales Department as they provide a reliable basis of data for interactions with customers. The integration of new customers is also significantly quicker with a clearly defined and IT-supported credit management process.
Unpaid customer invoices have a direct effect on the liquidity of companies and can even threaten their solvency. For this reason, tools for credit management are an important success factor, with which default risks can be recognized at an early stage and default on receivables can be reduced.
Who estimates whether a new customer will still be solvent next month? Who evaluates the liquidity of existing customers? These tiresome tasks are performed by credit managers through time-consuming research. They check the creditworthiness of customers, collect all the information on payment history and evaluate it.
Creditworthiness evaluation software provides relief. It supports credit management departments with the diverse tasks and decisions through automated, workflow-based limit allocation. This enables the monitoring of creditworthiness and the creation of credit-allocation guidelines to be mastered efficiently.
As a credit manager you experience relief in your daily work, which is often dominated by mass business. To allocate a high number of small credit amounts requires technical support in order to process these cases quickly but nevertheless adequately. Conversely, you can use the time you gain to consider important or critical individual cases.
In cooperation with the Sales Department you can improve communication and understanding through good argumentation and suggestions for possible solutions. Credit management tools help to increase the transparency and comprehensibility of decisions, so that your arguments are taken more seriously by your sales staff.
Make use of the data from a wide range of information agencies and commercial credit insurers as well as insights gained from balance sheet analyses and internal payment records! The system processes the data, taking into account your credit policy, and provides a reliable overall rating. At the same time, company relationships and participation structures are exposed and processed, so that you always have the overall risk in view, even when there are complex company group structures.
Successful credit management is only as good as the master data on which it is based. Creditworthiness evaluations, compliance checks and KYC processes depend directly on the quality of the master data. With CAM Industry & Trade you can clearly identify your business partners, avoid duplicates in your data and make sure that the customer or supplier is not on any blocklist. And not only at the beginning but also during the continuing business relationship.
With CAM Industry & Trade, credit limit evaluations and approvals as well as decisions about limits can be fully or partially automated with the help of workflows. Principles of multiple eyes and flexibly definable approval processes can easily be set up using the integrated workflow management. The monitoring of credit limits in existing business relationships can also be performed successfully using our credit management software.
With CAM Industry & Trade you can deal with late-paying customers highly individually and despite this work extremely efficiently. You decide which measures should be performed for which customer, when and how – manually, partly automated or fully automatic.
With CAM Industry & Trade you monitor your entire customer portfolio continuously. The system informs you at an early stage when there are notable changes in creditworthiness and creates recommendations for action automatically.
Find out with whom you are starting to do business and guarantee compliance with your due diligence obligations through a multi-stage and transparent KYC process. With CAM, you achieve seamless auditing and monitoring of new and existing customers.
Make strategic decisions based on comprehensive and up-to-date information. With CAM, the necessary data can be called up and processed at the press of a button. Select from a wide range of available standard reports or create your own individual reports yourself.
The use of commercial credit insurance as an instrument for securing your business involves time-consuming operative participation in the administration of the contracts. Our credit management software enables you to automate processes and thereby to fulfil all of your contractual obligations highly efficiently.
The workflow management in CAM Industry & Trade puts you in a position to represent your business processes simply and transparently, and then perform them automatically – and, particularly important, you can adapt them yourself flexibly at any time.
SCHUMANN is one of the leading credit management software companies. With CAM Industry & Trade, SCHUMANN offers a tool in which all processes of your credit management come together.
