Use the ECCLESIA TRADE CREDIT MANAGER to optimize your workflow and credit risk management and free up more time for what’s really important: your company.
Use the ECCLESIA TRADE CREDIT MANAGER to optimize your workflow and credit risk management and free up more time for what’s really important: your company.
Changing regional or global economic environments pose a constant challenge to companies that are active in international trade. Finding the proper balance between internal information and external risk assessments, and then evaluating and keeping such under constant monitoring, is a crucial factor in ensuring that these early warning indicators will protect your business from any economic loss.
In this respect, we reduce complexity across various business areas. Our harmonized system provides the option of centralized control spanning all units, thus facilitating flexible need-based adjustments.
Changing economic environments may cause credit insurers to cancel important limits at short notice. Affected companies have no influence on such decisions and unintentionally have to bear more of their own risk or seek alternative protection in order to maintain stable business relationships. Blanket limits granted by credit insurers, where companies assign limits themselves, can be a helpful tool. But: this type of insurance limit is usually linked to many conditions. The consequence in case of non-fulfillment: a further loss of coverage. The permanent monitoring and ensuring of compliance with such conditions when used across the board can lead to considerable savings.
With the Ecclesia Trade Credit Manager, payment histories can be monitored and credit inquiry agencies can be retrieved automatically and on a continuous basis. Rules can be applied to control the conditions contained in the credit insurance contracts. The self-assigned limit is defined in the system and adjusted on a daily basis. This ensures compliance with obligations and insurance coverage remains secure within the agreed range. As a side effect, the company may save costs for applying for insurance limits.
Do you deliver to the same customer from different companies belonging to your corporate group or from different business units? Do you always have an overview of the overall risk in this respect and can you identify if payment problems occur at one company in your group but the client continues to order from another? Such a transparent approach may provide significant benefit for your credit management and may simplify the risk management of your corporate group.
With the Ecclesia Trade Credit Manager, you have a comprehensive view at your customers across all companies of your corporate group. This allows you to analyze whether the payment practices of individual customers vary within your group, and to identify cluster risks so that appropriate measures can be initiated.
Business Process Model and Notation (BPMN)/ Decision Model and Notation (DMN)
R+V, Euler Hermes, Atradius, Coface, trade credit form
Trade credit insurance limit – multiple policies, blanket insurance limit, TopUp limit, collateral limit, internal limit, basic limit
Creditreform, D&B Bisnode, Creditsafe
Mapping of customer structures, mapping of own group structure by different corporate clients
Ecclesia Credit pools the knowledge of four leading credit specialists (CFG Finance Group, km credit consulting, deas Deutsche Assekuranzmakler, SCHUNCK GROUP) under one umbrella brand. This further strengthens the existing market positions and significantly expands the customer service portfolio. Ecclesia Credit is a brand of the Ecclesia Group, Germany's largest insurance broker for corporations and institutions.
With some 60 specialists in the finance and insurance industry, Ecclesia Credit provides a team that understands the sector-specific risks and draws on many years of experience in the industry with sound professional training and an excellent network.
Motivation, reliability, team spirit and professionalism form the foundation of Ecclesia Credit. The customer's perspective is always at the core of what we do.
As an exclusive partner of the International Credit Brokers Alliance (ICBA) for Germany and Austria, Ecclesia Credit provides excellent service worldwide.
SCHUMANN is a German family-owned company based in Göttingen, which uses modern technologies to develop innovative and reliable IT solutions in credit risk management for companies all over the world. SCHUMANN has many years of expertise in the development of specific industry solutions in the field of (credit) risk management, the associated process management and in risk assessment. Industrial and wholesale companies, financial service providers as well as credit insurers and providers of surety bonds rely on SCHUMANN's software solutions for more than two decades. SCHUMANN provides maintenance and hosting of the Ecclesia Trade Credit Manager.
Do you have a question? Simply contact us.
Phone +49 5231 603-0
E-mail info@ecclesia-gruppe.de
Business hours:
Monday till Thursday 8:00 a.m. to 5:30 p.m Friday 8:00 a.m. to 3:30 p.m
