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In today’s fiercely competitive market, companies like yours must attract and retain profitable, low-risk customers in order to maximize your bottom line. But it is often difficult to identify those customers that pose the greatest risk of failing to pay their bills.
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The HP CentralView Credit Risk Control solution helps you predict which customers will default on their payments and reduces the associated risk. The solution helps you set credit limits and required deposit amounts, if any, and then continually updates these items based on your customers’ usage and payment behavior. The solution integrates with dunning and collections systems, helping you respond quickly and appropriately to each customer’s individual situation.
With this solution your organization can:
- Calculate each customer’s credit risk score
- Set each customer’s credit limit and required deposit automatically
- Monitor bad debt through automatic management of risk situations
- Lower the number of disputes by assigning customers to a credit class with appropriate range limits
- Reduce write-offs by imposing stricter terms and conditions on customers with poor credit scores
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Why HP |
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- More than 30 years of experience in the CME industry
- Solutions run on the broadest array of operating platforms
- World’s largest communications companies depend on HP technologies
- Experienced HP Services professionals can help you design, build, deploy, manage and support the solution that is right for you
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Spotlight: |
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| Stratecast’s Karl Whitelock discusses the role of customer-centric data in promoting growth, safeguarding assets and better serving customers |
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