The Aon Credit Solutions practice is a leader in international credit insurance that provides their clients with innovative solutions against non-payment risks while facilitating business growth and improving access to trade finance. Their local specialised teams are united and coordinated at a country, regional and global level by prominent, highly experienced market thought leaders.
Integration with Onguard's CreditManager
In partnership with Aon, Onguard gives you PolicyManager. This application provides in-depth insights into coverage performance.
By integrating CreditManager with PolicyManager, customers have immediate insight into potential risks of non-payment and debit. PolicyManager arranges the updating of the insurance policies that you enter into and reads the current data from the credit insurer. It clearly shows what the current coverage is on your outstanding balance. Daily data from the credit insurer is fed into PolicyManager, which in turn, ends up in CreditManager via web services.
- Synchronise credit risk policies in CreditManager
- Create verified credit limit amounts based on up to date risk insurance policies and coverage
- Real-time adjustments on debtor level when key risk indicators change
- Display credit limit data and use these in calculations, reports and decision making
PolicyManager runs independently so that the credit insurer has no access to your accounting or ERP systems. The solution loads the debtor data from the existing ERP package. When this is done, you have a quick insight into current limits on outstanding balances and limit requirements. The moment a limit is requested in PolicyManager, this is automatically submitted to the credit insurer. After approval, this is processed immediately in the administration.
Aon plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
Aon provides, consults and designs solutions in three key areas:
- Credit Risk Protection
- Credit Management
- Trade Finance