CreditMatrix offers superior and unlimited options for evaluating a customer’s credit
condition using data from disparate sources. Credit scoring or evaluation is driven by
user-defined risk models, which is an implementation of the daily activities and rules
that drive the process of credit evaluation in a company. Credit decisions are based on
the outcome of the credit scoring process.
Be empowered to make the right decisions
CreditMatrix credit scoring provides you with a comprehensive risk evaluation of a
customer’s credit condition. The scoring results provide advice on an optimal risk
rating and suggested credit lines based on the underlying credit scoring and decisioning models.
CreditMatrix reports the outcome of the scoring process at varying levels of detail including
detailed computational analytics and supporting customer credit evaluation data. The user may
choose to print the credit scoring reports besides online review. CreditMatrix saves the reports
automatically for future reference
Gain speed and accountability with making credit decisions
CreditMatrix decisioning functionality enforces a company’s delegation of authority as spelt
out in the Credit Administration Policy manual. Credit decisioning can be instant
(see CreditMatrix Instant Decision Manager)
without human intervention or require
express approval of a Credit Risk Manager with the appropriate delegation of authority.
CreditMatrix communicates credit-decisioning activities to all the stakeholders of an account
by e-mail and logs the activities for audit trail.