The credit multiplier isn’t just a banking problem. A bad debt destroys not just margin it destroys working capital. It’s a structural problem not a transactional one.

Customers

We support all business sectors, size and types of enterprise – including commercial, public and NGO and Not for Profit organisations – with a partial or complete credit management solution tailored to their specific requirements. CreDec does have extensive experience of specific sectors, but the way we work allows us to provide a complete portfolio of solutions to customers in all sectors. 

This is because our customers retain ultimate control of all key credit management functions – CreDec simply provides the transaction, information and reporting solutions the customer needs to exercise that control.

CreDec customers, with a diverse and stable customer base, achieve accelerated high performance from more efficient credit management.

The elimination of the potential for adverse external shocks arising from late payment, protracted default or the insolvency of its customers, also delivers a higher level of all round financial security.

It is a level of protection that is becoming still more important as credit markets continue to contract and become ever more demanding.

Our intervention is self-funding through the automation of customers’ collection and credit control functions at a lower cost:  A cost that is either, lower than the cost of resources currently deployed; or, than is necessary to deliver comparable efficiencies.