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Veda Automated Lending Software

Establishing whether a customer is consistently credit worthy is a continual challenge for many organisations.

If you are looking for a faster way to approve commercial credit and you don't want to let low-risk customers slip away, you should consider using an automated decisioning process.


Accurate, objective decisions through informed processes

Our automated decision support solutions range from simple web-enabled services to fully customisable embedded solutions.

We take the lengthy process of manually assessing new credit applications out of the decisioning process.

That way, you're in control of your credit process - it doesn't control you.


Good decisions, better results

Making credit decisions with one of our automated solutions can deliver a range of business benefits, which may include:

  • Automated credit decisioning
  • Objective credit decisions
  • Improved productivity by lowering the labour cost per transaction
  • Applying client specific lending policies to each credit application
  • User control over all lending policies, underwriting standards and product rules
  • Integration with scorecards to fine tune approval criteria
  • Reduced daily sales outstanding (DSO), bad debt and delinquency
  • Ability to increase new business while maintaining credit risk and underwriting standards
  • Faster credit assessment turnaround time 
  • Increased processing volumes in reduced timeframes
  • Electronic data storage for enhanced reporting and flexibility

DecisionLink Direct

DecisionLink Direct

Knowing your existing or potential customer's level of credit risk is fundamental to the success of your business. Veda's Credit History products help to ensure you have all available information on your customer's credit activity assisting you to make an informed business decision about the credit risk in your business.

 

 


DecisionPoint

DecisionPoint

Responsible lending laws require you to make ‘reasonable enquiries' about a credit applicant's financial circumstance. Veda's credit scores help you identify and profile risk that may not be obvious on a data only credit report giving you a simple, effective and streamlined solution.