IRM Credit Solutions

In times of economic recession it is even more important to understand who your customer is. The financial situation in new or existing business relationships can be very valuable; it can mean the difference between a long-term healthy business relationship and a big default of your customer. Your customer is relates to whether or not they are a proprietorship, partnership, corporation, subsidiary or division. Each of these entities are often misunderstood by credit managers in the process of evaluating risk.

IRM Credit Solutions can support you in making the right credit risk decisions. Our organization is specialized in various industries, such as oil, production of capital goods, telecom, trading energy and commodities. IRM Credit Solutions’ mission is to optimize the credit risk management of its clients, with the ultimate goal of improving their working capital and cash flow.

  • Advice and improvement of the Credit Risk Management by reviewing the Order to Cash process;
  • The credit risk QuickScan will support, advise and offer recommendations to optimize the current accounts receivable investment;
  • Optimizing working capital for your company;
  • Providing and developing trainings related to the various credit risk management subject such as acceptance of new and existing customers, monitoring risks and the collection of outstanding invoices (dunning) and managing risk throughout the world.

DSO stands for "days sales outstanding"; The number of days it takes before outstanding invoices are paid. You calculate DSO by dividing the account receivable outstanding by the annual turnover and the outcome to be multiplied by 360(days).
Curious how a decrease in the accounts receivable balance can be achieved? Please fill in the credit risk Quick scan and you will receive a free consultation within two working days.



IRM Credit Solutions