Squirro Credit Risk
Monitoring Solution
Introducing continuous risk monitoring
Squirro Credit Risk
Monitoring Solution
>Introducing continuous risk monitoring Arm yourself with Augmented Intelligence in the fight against risky credit and bad debt
Most organizations only credit-check their clients at the onboarding stage or on a yearly basis, yet credit risk can change at any time. Squirro Credit Risk Solution is an Augmented Intelligence-based application that protects B2B organizations from bad debt by tracking, on a rolling basis, any factor or event that may have a bearing on a client’s credit risk.
With Squirro, it’s now possible to be automatically alerted of any relevant information related to your clients’ credit, allowing your organization to initiate outreach and support processes to lessen the chances of delays or defaults.
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WHY SHOULD YOU DO MORE WITH YOUR DATA ASSETS?
Relevant KPIs to take into account:
DISCOVER
Augmented Intelligence for Credit Risk
The Squirro Credit Risk solution is the most powerful solution available when it comes to generating alerts and recommendations relating to credit agreements. By continuously monitoring the most relevant internal and external data across a client’s entire value and supply chain, including news reports, social media posts and premium feeds, you benefit from an early warning of potential threats that can result in delays or defaults. This puts your organization in a position to offer early issue prevention and minimize the chances of financial losses.
UNDERSTAND
Credit Risk Monitoring Solution
1
Know immediately when credit risk changes
Many events and catalysts influence credit risk, from quarterly earnings figures to management team changes; from a supply chain crisis to a wider economic shift. The Squirro Credit Risk Application structures the many relevant data sources that could signal any one of these and provides an automatic notification when such a trigger takes place, alerting account handlers and finance teams to exactly when - and how - a customer’s credit risk has changed.
2
More accurate credit risk assessment for all customers
Credit risk scores largely depend on numeric data, but credit risk can be determined by many other factors. The Squirro Credit Risk application analyzes structured and unstructured data to monitor the credit risk for any given client.
3
The 360° client risk cockpit
Though powered by highly sophisticated machine learning and an ocean of structured and unstructured data, our bespoke client cockpits are designed for business users, not data scientists. These customizable dashboards present personalized, relevant information in a user-friendly format for day-to-day use. Consequently, Squirro Credit Risk Application is able to guide your credit decisions with far more accurate insight.
WHAT’S IN IT FOR YOU
Impact on you and your customers
Highlights
- Real-time notifications when a company’s credit risk changes
- 360-degree risk cockpit for each customer
- Easy to understand dashboard collating all data sources relating to risk
- Analysis of any event or catalyst that could affect credit risk
Benefits
- Protects an organization against bad debt
- Provides a deeper understanding of credit risk across a client portfolio
- Enables smarter and more informed decisions relating to credit risk
- Enables smarter and more informed decisions relating to credit risk
- Acts as a loss prevention tool for finance teams and account handlers
Achievements
- Minimized levels of delays and defaults
- Stronger relationships with existing clients
- Improved customer qualification and acquisition
- An increase in bottom line
STAY INFORMED
