What is risk management about?
Risk management means how companies deal with risks. This includes all measures for detection, analysis, evaluation, monitoring and control of risks.
Many companies are negatively disposed to risks. This results in the fact that they miss business opportunities and their credit decisions are centrally managed. If they would optimise their risks, additional business opportunities would be created.
Risk management in credit management
In credit management all is about risk management. More concretely about the questions, how good the payment behaviour of customers is and how and when companies retrieve credit and creditworthiness information in order to prevent defaults.
The huge challenge of credit managers is to never loose track in the flood of data. They only succeed in optimising credit decisions, if the credit manager clearly defines the parameters. It saves time and the workload is distributed among several people.
With system to the right decisions
The solutions from Bisnode cover your demands for credit management and risk optimisation. By efficient credit processes, tailor-made guidelines and daily monitoring of companies you can select the right customers and achieve positive results.