Finance & Risk

Reduce risk before extending credit with verified financial and counterparty data

Check the financial status and risks of partners with Corpus X 

B2B business or selling products and services that require credit for partners, carries a risk that many entrepreneurs often overlook: the financial risk of the partner. Approving credit limits without knowing the true financial status and risk can lead to

  • Bad Debt that Affects Cash Flow 

  • Financial impact on companies, such as having to use reserves or affecting investments. 

  • Strategic risk, If the partner cannot continue to operate the business 

Therefore, checking the financial status and risks of trading partners before extending credit is essential.

Solutions from Corpus X 

Corpus X has features that enable the Finance & Risk team to confidently analyze risks
and make credit decisions with real-time updated insights. 

Financial Report & Credit Score 

This feature helps quickly and comprehensively summarize a partner's financial status.

  • Financial Snapshot: Review income, profit, debt, and cash flow.

  • Payment Behavior: View past payment history, such as on-time payments, defaults

  • Business credit scores assess risk to help with credit limit approval decisions.

With this feature, the Finance team can confidently decide on credit limits and reduce the risk of random credit approvals. 

Risk Profiling 

Sometimes risks emerge suddenly. Continuous monitoring is important. 

  • Monitor changes in shareholders, or signs of default

  • Create Portfolio Monitoring to track high-risk partners so that the team can adjust credit terms or cancel credit lines before problems arise.

This feature helps businesses proactively reduce credit risk, rather than waiting for bad debt to occur before taking action. 

Using features suitable for the Finance & Risk team of Corpus X enables the business

Reduce bad debt

ฺBecause you can check your financial status and risks before opening credit. 

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Adjust credit conditions in time

Such as reducing the credit limit, increasing the collateral, or changing the payment term.

Make decisions with confidence

With complete credit score and financial snapshot data.

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Evidence for approval

Increase transparency and reduce legal risks

Why Corpus X is important for
Finance & Risk teams 

Nowadays, businesses are becoming more interconnected and highly competitive.
Opening credit without checking the risk is extremely dangerous, so Corpus X is a tool that helps finance & risk teams
make faster decisions, mitigate risk, and maintain the company's liquidity.

Using insights from Corpus X, the team was able to prevent bad credit from the source
and reassure management that every penny credited was at a controllable level.

Insights and automated tools enable Finance & Risk teams to monitor the financial status
and risk of their partners in a comprehensive, accurate, and fast manner, enabling businesses to reduce bad debt,
increase confidence, and maintain financial stability in a sustainable manner. 

Start vendor risk checks

with Corpus X today, before bad credit occurs!