Risk management is the first link in the order-to-cash chain. Order-to-cash is the process that starts with a customer order and ends with the payment of the invoice.
Every new customer you acquire exposes your organisation to risk. Are they able to pay the invoice on time? Will they uphold your payment conditions? It is important to know your customer to ensure they are creditworthy. Before you accept a new customer, we advise you to run a credit check. Take the necessary steps to avoid unpleasant surprises and possible problems with payment. Onguard together with our partners offers an integrated solution that combines all the data you may need to secure your company against potential hazards.
