CREDIT DECISION : CONSISTENT AND INFORMED
Today’s business environment has created a new challenge for the credit profession. Mergers and acquisitions, coupled with an ever- shrinking customer base and expectations on the part of credit management relating to sales growth have placed credit decision in the position of having to assume unprecedented levels of risk. This risk is manifesting itself in inordinately high credit lines being extended to a seller’s better customers.
Based on this fact, The Francfort Consulting Group support your credit decision to be consistent, informed and updating in relation with the client recent payment record and latest financial statement.
- Pertinent element of creditworthiness
- Demonstrably and statistically sound (a judgmental system)
- Etablished guidance for objective internal models
- Improve the standard requirement ( achieve better efficiency and quality of credit scoring)
- Measure the efficiency of credit scoring process
- Review the latest information from client payment history
- Request from the sales department and estimate client potentiel growth
- Review feedback from sales and client bank services .
- Solicitfrom the sales department an estimate of the client current and near term needs
- Reiew the latest agency reports checking for ownership and operational changes
For further details regarding The Francfort Consulting Group CREDIT DECISION features please contact us. We would be happy to advise you in a personal meeting.