Client Challenge
The client (Cali Bamboo) is a fast-growing supplier of building materials selling to a customer base highly dependent on vendor financing. While they sought to provide this financing quickly while managing credit risk, their manual systems could not keep pace with growth. They needed a B2B digital credit solution to evaluate more customers quickly and increase their revenue.
Customer Value
Deployed Emagia Digital Credit Automation Solution (thecreditapplication.com) with Digital Assistant
Digital Credit Application with digital signatures, digital trade and bank reference checks
Integrated with Experian & NetSuite analytical tool; automatic credit limit decisions enabled.
Automated resale certificate verification process
Automated > 80% of Credit Vetting process
Now processing increased volume of credit applications in 4 vs 14 days
Scalable foundation for digital ecommerce growth