Increase revenue and reduce credit risks while automatically monitoring and preventing bad debt with the HP CentralView Credit Risk Control solution.
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.
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
Why HP
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