Consumers continue to use purchasing on account as their preferred payment procedure, because it is easy and safe. However, for you as a trader, purchasing on account holds a considerable risk of payment default. How can purchasing on account also become a secure method of payment on the Internet?
Using eScore, you can assess the earning power and risk of payment default of a future customer relationship before the order process is completed. This module assists you in reaching a decision regarding the selection of a payment procedure and credit limits adjusted to the potential risk. This enables you to reduce your bad debt losses in eCommerce and increase your profit.
Exploit sales potential effectively
- Controlling payment procedures according to a consumer's individual risk profile
Reduce bad debts
- Identify individuals/companies who have proved to be unable or unwilling to pay
- Identify changes in existing customers' credit ratings at an early stage
- Improve your decision-
making ability when adapting contract conditions such as credit limits and payment modes
Reduce internal process costs
- Preselect low-
profit customers - Concentrate on valuable customer segments
Flexible process integration by means of
- platform independence
- low implementation costs
- simple, standardised interfaces
Secure data transfers by means of
- the use of international standards and protocols
Easy implementation by means of
- individual, exact risk evaluation
- condensed results, reflected in easy-
to- understand signal and class values
Customised service concept by means of
- modular enhancement options, depending on the user's risk management concept
- control equipment & decision logic can be configured individually
- possible integration of all kinds of scorecards
