Credit Guardian - Reducing the risk to your business

Although you may think you know the risks which face your business, you could be making decisions which expose your company to more risk than you ever anticipated.

There is now a way to make more informed business decisions. Concentrix can supply and implement Credit Guardian from Draycir to give your business affordable access to year round information to help you make better, more informed business decisions.

What is Credit Guardian?

Credit Guardian is a software application which is installed on a user's computer and can download credit risk and company information from Experian (UK Credit information providers). The software can also merge information with data from the user's accounting system. Essentially, Credit Guardian gives you an insight into the potential risks your company is facing. It also provides information about your customers, prospects and suppliers trading patterns.

What's more, Credit Guardian delivers business intelligence, which makes spending hours analysing your data a thing of the past, as the software does it for you. The solution merges information from your accounting system with data provided by Experian and displays the results graphically in an easy to read format. The software enables you to get a unique insight into the risks which your business is facing. In addition, it gives you a clear view of how you relationships with your customers and suppliers progressing and whether they are improving or deteriorating.

Who can use Credit Guardian?

Credit Guardian can be used business wide. It can monitor prospects, customers, suppliers and competitors, as well as your own business, giving a complete picture of your organisations relationships.

Benefits

The benefits of Credit Guardian differ depending on your role within the business. Accountants for example will gain the following:

  • Credit Guardian automatically blends information from your accounting system with credit risk, monitoring company information from Experian providing more meaningful information on which your financial decisions can be based
  • It can also help to strike the right balance between paying suppliers on time and getting paid promptly by customers

Benefits for Buyers

  • Credit Guardian enables a company to reduce risks when purchasing goods, services or choosing suppliers - It is important that a supplier is stable, especially if parts and components being bought are to fulfil a business's own customer orders. Not having goods when they are needed can jeopardise a company's ability to fulfil its sales order and this can quickly effect the stability of the business.

Benefits for Sales Managers

  • Credit Guardian allows your sales team to focus on how they should trade with prospects and customers, rather than the traditional approach of "should we deal with them?"
  • It provides instant information throughout the sales cycle, from prospecting through to repeat sales, with the objective of not stopping them selling, but helping the user trade intelligently - Credit Guardian effectively provides account managers with all the information they need before they start the sales process.

Benefits for Directors

  • Credit Guardian Dashboards provide a complete picture of the financial health, sales and trading patterns in a business and highlights where a company might be at risk.
  • Credit Guardian allows directors to examine each area in detail, enabling them to make better more informed business decisions.

For more information about Credit Guardian, please contact Concentrix on 01509 410500 or email info@concentrix.co.uk.