Boost your conversion Increased sales, happier customers through instant, automated credit decisions
Trustworthy decisioning Data-driven credit decisions enable consistency, accuracy and more sales
Credit check for both B2B/B2C Quick credit worthiness check, for both companies and private individuals
Smooth integration & easy to use Flexible set-up and adjustment of rules, optimized for sales
Say "Yes!" to more business
What is Risk Decisioning?
Risk Decisioning automates your credit request processes so you can increase credit sales volumes without making sacrifices to your desired risk levels. The service is suitable for all types and sizes of companies from those with few customers and simple needs to large telecommunications companies, e-commerce companies or banks.
Risk Decisioning for B2C or B2B is a powerful tool for optimizing your credit application processes. Reduces onboarding bottlenecks and speeds up the process.
How does Risk Decisioning work?
Risk Decisioning uses pre-configured rule sets matched to your desired credit risk levels. Working with you, Bisnode makes a thorough credit risk and opportunities analysis, resulting in recommendations for initial configuration.
Once set up, Risk Decisioning instantly checks applicants' financial/credit history against a 36 month review-window of financial status, payment history, payment remarks, AAA Credit Rating, AML Compliance history and legal remarks.
The result is an instant "Approve" or "Decline" answer to your customers credit application. All based on the set of rules you have pre-configured. This service is available through webservice or API.
Don't avoid Credit Risk, optimize it!
Does your company see credit risk as a negative to be avoided? Does your organization rely on a few individuals to make centralized credit decisions? If the answer to either of these questions is “yes” then you could be losing business.
Risk Decisioning optimizes and automates your credit process to reduce handling times by up to 90%. Without sacrifices to your risk levels.
Decisions based on solid pre-defined parameters and automation streamlines your credit decisioning and makes it consistent. With reduced handling times you can say "Yes" to more customers.
Business Contacts Features:
Automated screening for AML, PEP & Sanctions variables
Based on Bisnodes trusted AAA Credit Scoring (B2B)
36 month review of customers financial history
Customers invoice payment history (late or on time)
Available through standard API and Web App
Risk Decisioning Features:
Instant automated credit assessment and decisions
User-friendly configuration of desired credit- & risk levels
Use of multiple rule sets to match different customers or margins
Archiving function lets you go back and review decisions
Review- and edit credit decisions at a customer level
Hi3G increased their sales significantly, with retained risk
Thanks to a credit risk process based on unique data and a scoring model developed exclusively for Hi3G, the telecommunications company has the potential to increase its revenues substantially without any increase in risk.