Cash Application Automation

Configurable Scorecards and Credit Scoring Policy

With changing commercial enterprise situations, credit score departments ought to be agile to refine and retune credit regulations regularly to mitigate enterprise danger. The Emagia digital credit score management solution offers credit managers powerful management equipment to refine the credit score coverage and score playing cards for credit reviews. Global companies can define area-wise or product-wise scorecards for evaluating hazard, bringing consistency and agility into the credit score choice technique.

Consistent Workflow-based totally Credit Approvals

The Emagia Credit Management Solution uses effective workflow control functionality to configure credit approval workflows based on enterprise regulations. It streamlines the digital credit approval method, for constant decision making. Audit trails and signal-offs within the procedure comply with SOX Section 404 compliance standards.

Automated High Volume Credit Decisions Automation and Processing

Emagia takes an progressive method to applying automation and choice aid to the excessive-quantity credit-granting system. Pre-described business policies permit credit score restrict requests to be granted or denied automatically based totally on the level of enterprise threat. By automating repetitive credit selections, Emagia maximizes efficiencies in managing high volumes of credit applications.

External Credit Bureau Reports Integration

Externally available credit score facts from bureaus can be incorporated into the credit scoring and credit credit management system decision manner within Emagia. Credit ratings and scores retrieved from third-party organizations are used within the scoring models and stored for future reference and audits.

Automated Periodic Credit Reviews

Timely and extra frequent credit evaluations of current customers can mitigate threat to your AR portfolio. This can provide insight into eipp the converting chance profile of your consumer base and make your income and marketing techniques more effective. Emagia allows you to time table computerized reviews of huge numbers of clients.

Integrated Credit and Collections Management

The Emagia Credit Management Solution has the capacity to empower the credit score branch with complete get admission to to collections records on every customer, helping credit evaluations. It affords patron credit danger data, allowing collections departments to regulate their collection strategies based totally on danger.