Digital transformation is one of the keys to putting oneself in a good position. With low margins, automating processes is inevitable in order to ensure efficiency, which is a main criterion for sustainable success and growth in financial services industry.
SCHUMANN is expert in consulting and supporting companies in the field of digitizing and automating credit risk management processes.
The solution for factoring, leasing and other financial services providers automates and improves credit decision-making processes. Standard interfaces provide access to information agencies, credit insurers and other service providers and enables clients to take into account all information needed in order to make the right decisions. It allows full control over master data and optimizes risk and limit management. In addition, the software supports clients with KYC and compliance tasks as well as with the management of dunning and debt collection.
Master Data Management (MDM): High data quality through automated data cleansing and enrichment
Risk and Limit Management: Real-time creditworthiness checks, permanent monitoring of established customers
Integrated Reporting Tool: Comprehensive data analysis possibilities
Compliance with KYC and data protection: Automated and documented identification and verification of contractual and business partners, considering all regulatory requirements to 100%
Customized Receivables Management: Supporting defaulting customers individually, no matter how many customers a client has
Corporate Linkage: Transparency about company structures and shareholdings
Multi-stage approval processes: Documented, customized and double-checked approval processes which are audit-proof
Document Check: Client-based definition of required documents, completeness check
Workflow Management: Optimized workflows by the possibility to design, manage, control and document internal processes
Standard interfaces to external data and service providers: Access to more than 50 information agencies, credit insurers and payment record pools