Budgeting4Business - Spreadsheets for Financial Planning & Management Control

Spreadsheets for Credit Control & Credit Scoring

 
 
 

Credit Controller Lite Edition

Excel credit scoring software for effective credit control.

 

Credit control software for Excel. Buy Now!

The Lite Edition of our Microsoft® Excel® based credit control software includes 14 credit elements scored on actual, average and trend values based on Altman's Z score creditworthiness index. Each element used in credit scoring can be individually tuned to match your own credit policy. This compares with the 27 elements of Credit Controller Standard, which makes the Lite Edition less flexible but easier and faster to tune and deploy. As with the Corporate Edition, credit scoring can be adjusted to give more or less emphasis to actual, average or trend values in accordance with your own opinion of how each should be weighted.

Once tuned to conform with your organisations credit policy, Credit Controller will consistently recommend credit limits in a predictable and coherent fashion. This allows senior staff to delegate credit appraisals to less qualified employees. By automating the credit appraisal process, senior staff can concentrate on credit request rejected by Credit Controller. Consequently, by filtering out problem and higher risk credit requests, the vast majority of requests for credit can be approved automatically.

Click below for more information on the Lite Edition of our increasingly popular credit appraisal and credit control software:

To learn more about using credit scoring for credit control and customer credit risk analysis, see also:

 
 
 

Product Features

 
   
 
 
  • Familiar and intuitive Excel interface.

  • Only key financial elements required, keeping data entry time to a minimum (less than 10 minutes).

  • Context sensitive user help text and user guide.

  • Automatically recommends a credit limit, payment conditions and payment method based on a credit risk assessment.

  • Provides the means to cross reference information from various sources and quantify it to produce systematic and objective decisions.

  • Print reports for distribution or archiving.

  • Save each credit request for future reference.

  • E-mail the decision process to those involved.

  • Problem areas are highlighted for quick analysis and assessment.

  • Four stage decisions process:

1. Limit requested by salesman.

2. Credit Controller suggests an appropriate limit.

3. The credit manager recommends a limit.

4. Financial Director approves final limit.

  • If the credit limit requested is equal to or less than the limit suggested by Credit Controller the request could be approved automatically, speeding up the decision process and saving management time for other tasks.

  • Credit Controller can be tuned to your own company's credit policy and method of assessing credit risk. The tuning section has password restricted access for security purposes.

  • Multilingual facility enables easy translation into a second language. Users can switch between English and their own language.

 
 
   
   
 

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