Looking for an efficient and precise solution to automatize manual and time-consuming tasks as well as relieve human resources, Petersen Matex Trading made the decision to put the risk analysis on the basis of a comprehensive balance sheet analysis software.
Financial Statement Analysis Software Helps Petersen Matex Trading to Achieve more Precise Risk Estimation
The complexity of managing multiple subsidiary companies and a huge customer base requires a centralized system that provides an overview of these customers and reduces the risk of default on invoices.
Driven by the increasing number of insolvencies, higher commercial credit insurance premiums and intransparent processes in credit management, the decision was made to adopt a comprehensive IT-supported credit management solution.
Three subsidiaries of DKV MOBILITY SERVICES Holding already benefit from the support of CAM Financial Services in their international credit management processes.
Much has changed at HERMA since the introduction of credit management software. These days, the automation means that decisions are made on applications in just a few hours rather than several days as they were in the past.