Good customer scoring strategies will have better visibility, quicker decision making, reduces manual efforts and increase in the profitability
It can be easily configured on top of an existing 11i implementation
Easy configuration depending on requirements.
On line credit application and approval process will eliminate many home grown systems
Controls escalating and higher incidences of bad debts
Reduces collection cost and diminishing returns
Reduces the credit-to-cash life cycle
We can have aggressive and/or conservative credit policies based on customer classes
Track credit performances and history of credit decisions and run reports as needed
Continuous and scheduled periodic credit evaluations for high risk customers or for all customers
Matches global credit policies ( In MNC Scenario)
Strong internal controls
Lack of visibility in International Credit. Can handle financial risks in global market