The credit management application will allow users to control the credit positions of customers in real-time, taking into account the credit information from de master data, the open orders from the ordering systems, and the dunning levels.

Order-taking tools will check with the credit management application during the customer’s orders placing if orders can be accepted or not, based on the customer’s credit position.

Additional functionalities like the manual release of on-hold orders, reports for customer’s credit positions, and a visual map of customer’s credit position components will also be available through the application.

• Ensuring that customers pay their invoices within the defined payment terms and conditions. 
• Serves to prevent late payment or non-payment.
• Reinforces the company’s financial or liquidity position