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.
Shifting regional or global economic circumstances are a constant challenge for companies involved in international trade. On the one hand, an essential factor is to find the right balance between internal information and external risk assessments, and on the other, to evaluate them and keep them under constant monitoring so that these early warning indicators can protect your company from economic harm.
We reduce complexity in various areas in this respect. Our standardized system offers an opportunity for centralized control across all units, thus facilitating flexible event-driven adaptations.
Important limits can be canceled by credit insurers at short notice because of shifting economic conditions. Companies affected by these decisions cannot influence them and are forced to bear more of their own risk against their will, or to seek alternative collateral in order to preserve a stable business relationship. Global limits granted by credit insurers, under which companies allocate limits themselves, can be a helpful tool. But: This form of insurance limit is typically subject to a large number of conditions. The consequence in case of noncompliance is renewed loss of cover. Permanent monitoring and ensuring compliance with these conditions can lead to not inconsiderable expenses if they are applied throughout the company.
Ecclesia Trade Credit Manager helps you to permanently and automatically access and monitor payment experiences and credit agencies. The conditions from the credit insurance contracts can be managed using rules. The self-assigned limit is stored in the system and adapted daily. This safeguards compliance with the obligations and ensures that the insurance cover remains within the agreed global range. Additionally, the company can save costs for applying for insurance limits.
Do different companies in your group or different business units supply the same customer? Do you always have an overview of the aggregate risk here, and can you see if payment problems arise at one company in your group but the customer continues to place orders with another? This kind of transparent approach can create considerable added value for your credit management and make it easier for your group to manage risk
The Ecclesia Trade Credit Manager gives you a holistic view of your customers across all companies in your group. This allows you to analyze whether the payment behavior of individual customers varies within your group, identify cluster risks, and institute appropriate measures.
The climate crisis and public demands for transparency and sustainability are pushing companies to establish a structured sustainability management system. Policymakers are holding companies accountable not only for reviewing their own sustainable activities, but also for ensuring sustainability in their supply chain. To meet this obligation, the companies concerned must screen and assess their suppliers and establish measures for sustainable behavior.
You can use our solution to screen your business partners for sustainability criteria through an interface at credit agencies. You can even generate your own scorecards. The integrated to-do management allows you to identify critical business partners and to take appropriate measures. Using our portal, you can actively integrate your business partners into the process and, for example, ask them to fill out sustainability questionnaires or submit CSR reports.
The need to verify your customers against compliance criteria is becoming increasingly important, especially for companies that operate globally, and not merely because of shocking events in times of crisis. Reviewing sanction lists and identifying beneficial owners is critically important for any company.
You can use our modular “KYBP Sanction Lists” module to structurally access and review sanction list matches and identify beneficial owners via an interface. The outcome of your compliance check can trigger a to-do or block limits manually or automatically. A workflow-based dual control concept is also possible.
Business process model and notation (BPMN)/ Decision model and notation (DMN)
R+V, Allianz Trade, Atradius, Coface, TCI form
TCI limit – multiple policies, global cover limit, top-up limit, collateral limit, internal limit, base limit
Creditreform, D&B Bisnode, Creditsafe
Model customer structures, model own group structure by different clients
Ecclesia Credit combines the expertise of four leading credit specialists (CFG Finance Group, km credit consulting, deas Deutsche Assekuranzmakler, SCHUNCK GROUP) under a single umbrella brand. This further strengthens their current market positions and significantly expands their existing customer service portfolio. Ecclesia Credit is a brand of the Ecclesia Group, Germany’s largest insurance broker for companies and institutions.
With more than 70 specialists in the finance and insurance sector, Ecclesia Credit has a team that is familiar with the industry-specific risks and can call on many years of industry experience, with extensive professional qualifications and an outstanding network.
Motivation, reliability, teamwork, and professionalism are the bedrock of Ecclesia Credit. The client’s perspective is always at the heart of everything we do.
As the exclusive partner of the International Credit Brokers Alliance (ICBA) for Germany and Austria, Ecclesia Credit offers outstanding service worldwide.
SCHUMANN is a German family-owned company based in Göttingen that uses state-of-the-art technologies to create innovative, reliable credit risk management IT solutions for companies all over the world. SCHUMANN has long-standing expertise in the development of specific sector solutions in the areas of (credit) risk management, the associated process management as well as risk assessment. Industrial and commercial companies, financial services providers, and credit and surety insurers have trusted SCHUMANN’s software solutions for more than two decades.
Do you have any questions, do you want more information, or would you like to schedule an appointment? Just contact us.
Phone +49 5231 6038998
E-mail info@ecclesia-credit.de
Business hours:
Monday till Thursday
8:00 a.m. to 5:30 p.m.
Friday 08:00 a.m. to 3:30 p.m.
We’re looking forward to you getting in touch with us.
