Precise and objective information helps the Credit Area to more fully understand the characteristics of each client, thereby contributing to the quality of the decision-making process, and reducing the risk of default.
The good configuration of the system used for control of the credit risk significantly reduces the risk of losses caused by failures of internal controls.
It is also possible to automate the decision-making process for clients that represent the portion of the credit portfolio with the wider spread. Such task contributes to the improvement of the Credit Team, and reduces the risk of erroneous decision-making.
“Speed and balance in credit decision-making are factors that influence client loyalty to products and services of the supplier.”