Strategic credit management is essential to further strengthening the financial position of the UK business community. Predictive, data-driven credit insights enable companies to monitor and continue improving their financial position. That's why today, Graydon, leading provider of business data, insights, analytics and solutions is launching three new credit management solutions: Graydon Credit Reports, the Graydon Monitoring Tool and Graydon Ledger Management.
Artificial intelligence and data analytics are indispensable parts of credit management today. The data that organisations use to make their decisions in 2019, is becoming increasingly rich and predictive. For example, predictive insights into the likelihood of a business growing, the likelihood of bankruptcy, or a company's payment behaviour are now commonplace. With these insights, companies can quickly identify opportunities and risks and manage and strengthen their cash flow.
"It is important for companies to think more strategically about their credit management function. The recent launch of our Onboarding and Detect solutions coupled with our new enhanced credit management solutions means that Graydon are ideally placed to help them achieve this" says Simon Blackwell, managing director at Graydon UK.
"With the arrival of our new credit management solutions, we are taking another step in our objective to help companies grow. Customers can now find data and insights even faster and easier, monitor business relationships, and get a better handle on outstanding invoices. Our credit management solutions have also been enhanced with several new and unique scores that offer stronger, more innovative insights," says Gertjan Kampman, CEO of Graydon. "That means that credit management can be used more and more strategically, for things like decision-making around new customer acceptance policies, determining marketing strategy, and keeping an eye on your organisation's liquidity."