Hüttenes-Albertus identifies early credit risk with SAP Credit Management tools

Hüttenes-Albertus is a leading international manufacturer of chemical products for the foundry industry. With around 2,000 employees worldwide and a group turnover of 645 million euros, the HA Group’s European operations account for over 60% of its global turnover.

The HA group is represented in over 30 countries worldwide and needed a system to support its credit management processes which could identify credit risk at an early stage to limit exposure to bad debt and losses.  Currently, the Group’s credit analysis was largely manual with no real workflow across business functions to collaboratively evaluate customer risk and therefore found it difficult to identify insolvency risks.  The HA Group needed a single solution to support and automate its credit management processes

• Credit management processes are integrated through the SAP platform making it much more visible to those who need the information.
• Documentation is automated and provides a central repository of credit information providing a complete audit trail for its credit risk.
• Credit limits are built from automated scoring and management-by-exception processes enabling accurate and reliable credit management.
• Customer credit risk is assessed with statistical analysis from internal and external sources to highlight problems with payments.