Squirro Credit Risk
Monitoring Solution

Introducing continuous risk monitoring

Squirro Credit Risk
Monitoring Solution

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.

WHY SHOULD YOU DO MORE WITH YOUR DATA ASSETS?

Relevant KPIs to take into account:

estimated increase in
average risk cost margins during crisis years.
Source: McKinsey

or more of data
is unstructured
Source: CIO

Business value created
by AI augmentation.
Source: Gartner

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 related to credit agreements. By continuously monitoring the most relevant internal and external data, including news reports, social media posts, and premium feeds, across the client’s entire value and supply chain, you can be informed - ahead of time- 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. Squirro Credit Risk application analyses 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 debtProvides 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

Resources for risk managers