Customer Case – Credit Insurance & Debtor Screening
Challenge
Our client, an international trading organization, encountered a familiar problem:
how do you ensure that all your debtors are correctly registered so that credit limits can be safely requested and risks remain manageable?
The organization used multiple computer systems in which debtors were registered in different ways. This resulted in:
- Incomplete or outdated company information
- Unnecessary delays in acceptance by credit insurers
- Risk of credit limits being linked to the wrong legal entity
- Internal inefficiency and susceptibility to errors
The client asked Credit Comfort for a solution to screen its debtor database quickly, accurately, and in a future-proof manner.
Approach
Credit Comfort used its innovative data systems and consultancy expertise to simplify and accelerate the process.
Our approach consisted of three steps:
- Collecting & analyzing the debtor database
We gathered all debtor data from the client’s various systems and analyzed it for completeness, legal structure, and accuracy. - Screening & data enrichment
Using our advanced screening technology, we linked debtors to the correct legal entities. We also enriched the dataset with unique company characteristics such as:- Trade name + official statutory name
- Country of establishment
- Identification numbers (e.g., Chamber of Commerce / international equivalents)
- Parent-subsidiary relationships & group structures
- Fast delivery & integration
Within a few days, we delivered a fully cleansed and enriched debtor database. As a result, the client could immediately:- Register the correct debtors in its systems
- Request accurate credit limits
- Organize internal processes more efficiently
Result
- A complete, up-to-date, and validated debtor database
- Request credit limits quickly and without delays
- Significant improvement in data quality and internal processes
- Reduced risk of errors and rejections by credit insurers
- Delivered within a few days
The client not only saved time and money, but also significantly reduced its credit risks.
Why Credit Comfort?
- Specialist in credit insurance & data quality
- Innovative tools for fast and accurate screening
- Practical and scalable implementation
- Expertise in international corporate structures
Want to know more?
Would you like to know how Credit Comfort can help your organization with screening, enriching, and structuring debtor data? Contact us.
“Credit Comfort helped us get our debtor administration in order within just a few days. Thanks to their smart systems and knowledge of credit insurance, we were able to request credit limits more quickly and our risks have become more manageable.”
