Multi-Segment Support
CreditMatrix allows you to define any part of an organization (division, subsidiary, regional office, etc) when desired as a segment or separate process. Each process is assigned credit risk management rules that are specific to the process. Credit risk management rules range from bad debt provision to credit approval delegation of authorities. Sometimes, an organization may chose to isolate the credit risk of an aspect of its business by defining and managing the entity as a process.

With CreditMatrix, complexities inherent in managing differences in credit administration work process across an organization become very simplified and transparent.

Multi-Currency Support
Whether you are a domestic, regional, or highly diversified global company, CreditMatrix provides seamless handling of credit transactions in all the world currencies. Each defined business segment in CreditMatrix is assigned a local and reporting currency. You can capture financial statements data in any currency and process the financial statements for credit limit determination in your applicable local currency.

Process-Based Management Responsibility
In CreditMatrix, every risk manager is assigned to a defined segment of a company or process with the applicable delegation of authority. A process or company segment could be European operation, Pacific operation, Latin America operation, or a country operation, etc.

With CreditMatrix, a risk manager with multi-process responsibility (example: Global Credit Management Director) could be assigned to multiple processes. This thus empowers risk management personnel with inter-process responsibilities to carry out their risk management responsibilities from a single location.