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