Hoopiz › Solution › The platform › RISK
RISK module · Risk assessment & monitoring
Customer credit risk assessment: objective credit decisions, continuous monitoring
RISK connects your Creditsafe, Ellisphere or Infolegale contract: no more visits to their portals. All information and alerts are centralised and matched with your receivables and observed payment behaviour. Your credit limits rest on a complete reading of the risk, and alerts flag the changes that matter in time.
* Order of magnitude observed among our mid-sized and group customers after 12 months of use; results vary depending on the starting point.
Illustration · fictitious data
Sound familiar?
Customer risk is decided before the invoice, not after
Many defaults were predictable: the signals were there, but scattered between the data provider, accounting and sales.
- We discover our biggest risks when the customer defaults.
- Credit limits exist on paper, but nobody enforces them.
- Credit decisions vary depending on who makes them.
- Bad debt hits our bottom line directly.
- To analyse a customer, we have to open four tools.
- The external rating says nothing about a solvent customer… who pays late.
- Accounts are opened under sales pressure.
- We find out about a customer’s deterioration by chance.
Your Creditsafe, Ellisphere or Infolegale contract, connected to Hoopiz
No more visits to your financial information providers’ portals: by connecting your contract, Hoopiz retrieves all the information and all the alerts, centralised in seconds in each customer’s profile.
You use your own contract: Hoopiz connects to it.
- All the information, in one placeidentity, executives, financial statements and indicators, ratings and scores, recommendations
- All the alerts, nothing missedcourt rulings and insolvency proceedings, registered liens, scoring changes, legal changes
- Cross-checked with your own datareceivables, limits, cover and payment behaviour
- Sent to the right personcredit manager, sales administration or salesperson, according to your monitoring rules
Insolvency proceedings openedDelta Bâtiment · receivables €84k
CriticalLien registeredOmega SA · receivables €210k
ImportantScore down from 6 to 3Sigma Distribution · limit €150k
To reviewChange of executiveKappa Industries
InfoNew financial statements, score upLambda SAS
PositiveThe Hoopiz method
A complete reading of risk, by cross-checking three sources
An external rating alone is not enough. RISK brings together what data providers say, what is owed to you and how the customer actually pays.
Ratings, scores, financial statements and alerts (court rulings, liens…) from your data provider: Creditsafe, Ellisphere or Infolegale.
Receivables by company, internal limits, credit insurance cover and other guarantees.
Delays, average payment terms and changes in each customer’s payment behaviour.
Proposed limit, approval according to your delegation levels, monitoring alerts and a decision that is tracked and shared.
What RISK does
Assess, decide, monitor
By connecting your contract with your financial information provider, Hoopiz centralises everything you need to assess and monitor risk.
External information
Ratings, scores and alerts from your data provider (Creditsafe, Ellisphere, Infolegale), built into each customer profile.
Internal credit limits
Set limits by customer and by group, and monitor their use continuously.
Approval workflows
Account openings and limits approved according to your delegation levels, with a history of decisions.
All guarantees
Personal guarantees, bank guarantees and other securities managed alongside credit insurance.
Monitoring and alerts
Rating downgrade, legal event, limit overrun, behaviour change: the right person is notified.
Group exposure
With the PILOT+ option, the exposure to a customer shared by several subsidiaries is consolidated.
In practice
What RISK changes day to day
At the heart of your ecosystem
Your data flows, your decisions apply everywhere
Hoopiz automatically retrieves cover from your credit insurers and information from your data providers, cross-checks it with your receivables and payment behaviour, then feeds risks, decisions and indicators back into your information system. No re-keying.
Your partners
Your information system
Risk, cover, receivables and payment behaviour cross-checked in one platform
Your invoices, payments and customer data flow in automatically from your ERP.
One platform, 6 modules
RISK works hand in hand with the other Hoopiz modules
The modules share the same data: what one detects, the others let you act on.
Hoopiz by sector: staffing · wholesale distribution · food & beverage · building materials · manufacturing · all sectors
RISK augmented by hoopiOne AI
- Detect early warning signs of deterioration sooner.
- Cross-check risk, exposure and cover automatically.
- Ask in one question: “which customers exceed their limit without cover?”.
How do you assess a customer’s credit risk?
By cross-checking three sources: external financial information (ratings, scores, financial statements), your exposure (receivables, cover) and the payment behaviour actually observed. Hoopiz brings these three readings together in one profile.
Which financial information providers are connected?
Hoopiz connects to Creditsafe, Ellisphere and Infolegale, using your own contract. Information and alerts (court rulings, liens, scoring changes…) are retrieved automatically: no more visits to their portals.
How do you set a customer credit limit?
Based on external information, any credit insurance cover, payment behaviour and commercial potential. Hoopiz then organises approval according to your delegation levels.
Which guarantees can be tracked in RISK?
All guarantees other than credit insurance (personal guarantees, bank guarantees…). Credit insurance is managed in the COVER module.
How do you get alerted when risk deteriorates?
You define your monitoring rules: rating change, legal event, limit overrun, delays setting in. Hoopiz alerts the people concerned.
Stay one step ahead of customer risk
In a demo, we show you how Hoopiz assesses, monitors and secures your customer portfolio.