Harnessing Automated Credit Control For Increased Revenue

Automated Credit Control Software

In the world of order to cash Softwaresolutions, harnessing the power of automated credit control stands as essential for any executive in finance looking to unlock greater profitability for their organization. By leveraging the automated processes and actions available through advanced credit control solutions, an organization is able to drive more efficient and effective performance of the order to cash process. This article provides an overview of automated credit control solutions including the features and benefits, with step-by-step guide to setup and implementation.

What is Automated Credit Control?

Typically bundled with an order to cash Softwaresolution, automated credit control is system that helps manage the order to cash process by leveraging the integration of advanced technology and sophisticated analytics. Automated credit control solutions involve enabling range of automated activities, such as calculations of exposure and liabilities, payment suggestions, and series of sanction screening processes that are key components of managing and optimizing the credit risk management process.

Features and Benefits of Automated Credit Controls

Automated credit control consists of wide variety of features and benefits that can improve the effectiveness of an organizations order to cash process. The primary benefit of these solutions is their ability to aid in the quick and accurate identification, decision-making, and analysis of applied credit policies. Automated credit control applications also provide range of additional features such as optimised workflow automation, data integration, and real-time forecasting capability.

Step-by-Step Guide for Automated Credit Control Setup and Implementation

1. Analyse, Gather and Integrate Your Data

The first step in setting up automated credit control is to analyse, gather, and integrate the data needed to effectively manage the order to cash process. This data should include customer details, credit limits, payment terms, sanction screening requirements, and other necessary variables. Once the desired data is gathered, it must then be integrated with the automated credit control system.

2. Configure Credit Action Rules

Once the appropriate data is obtained and integrated, it is necessary to configure the credit action rules that will govern how and when the automated credit control process should be triggered. This includes setting thresholds for credit limits, terms conditions, and other elements. Configuring the credit action rules requires taking into consideration the risk appetite and credit policy of the company.

3. Finalize Automation Settings

The last step in setting up automated credit control is to finalize the automation settings, ensuring that all actions taken by various systems are performed as expected and in compliance with the companies credit policy. This involves setting the rules for approving or denying specific credit requests, creating processes for escalating issues, and setting the parameters for exception management.

4. Monitor and Evaluate Performance

Once the automated credit control system is up and running, it is important to continuously monitor and evaluate performance, ensuring that the system is operating at optimal levels. This includes regularly conducting internal audits as well as running analytics to identify areas for improvement.


Using automated credit control solutions can be powerful tool for any finance executive looking to manage the order to cash process optimally. Conversion to automated credit control involves step-by-step process of integrating data, configuring credit action rules, and finalizing automation settings. Once up and running, the performance of the system must be regularly monitored and evaluated to ensure its correctness and efficiency are maintained.