TPCREDIT - Proactive Management of Third Party Receivables
This module points out the principle of LOADBALANCEDTREASURY®. The management of third party receivables is only possible on a local basis. The experiences and practices of market participants from different cultures need to be considered when setting up a correct quality evaluation for a customer.
Hard and Soft Facts
Apart from the hard facts such as "outstanding items" or "orders", the basic data also includes information on experiences and expectations concerning the customer. This is information from widely differing parts of the company. Soft facts are substantiated via scorecards; this makes them measurable and thus comparable. The result is to simply always monitor the credit limit set for the customer, to detect changes in payment patterns in time and to take early countermeasures to control the risk.
Transparency
Debitors can be combined to companies and companies to corporate groups. On the other hand, the principle of the LOADBALANCEDTREASURY® makes it possible to combine your own companies for an aggregated analysis. Thus, there is transparency about the total risk and corporate group relationships can be viewed and controlled by everyone involved . Even in advance of credit being issued, experiences within the group from the relationship with the customer can be included in the decision making process.
Risk Management
The use of scorecards and the individual weighting of certain risk factors ultimately lead to a calculation of the outstanding capital at risk in the debts owed to the company. The monitoring and control of these risk parameters brings certainty into the outstanding debt, even for a large number of customers, and supports the improvement of your own credit rating for third parties.
Your Contact
Wolfgang Frontzek
Tel.: +49 7822 4460 - 0
Fax: +49 7822 4460 - 104
E-Mail: sales@bellin.de
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