Credit diagnostics to improve revenue and reduce expenses
The credit diagnostic is a low cost, high-impact way to identify benefit opportunities. It is designed to pinpoint issues and devise an actionable plan in a matter of weeks, helping your credit organization immediately improve its financial position by generating revenue or reducing expenses.
The credit diagnostic is comprised of three main activities:
- An initial assessment of the current state of your credit organization, looking primarily at business processes, as well as the influence of technology and organizational structure
- A benchmark comparison based on best practices, competitive performance or industry standards
- A set of immediately actionable recommendations that are designed to address operational pain points and improve financial performance.
How the credit diagnostic benefits your organization
- CGI has a track record of identifying millions of dollars in benefits annually. Our credit diagnostic recommendations identify tangible near- and long-term actions you can take to generate revenue and/or reduce expenses: Near-term initiatives include process and rules changes (e.g. piloting collections rules changes to enable retention of targeted customers)
- Longer-term actions may include additional technologies or delivery models (e.g. SaaS, host, BPO)

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