Process Automation

Substantially improve efficiency and improve outcomes

The challenge

There is currently a heightened level of interest in Order-to-Cash Process Automation.  Some companies want to access state-of-the-art tools and technology, but some just wish to eliminate manual processes and dual-entry keying.  There is then the question of whether to develop functionality internally or to buy it in. (see “Three Routes”)  A plethora of vendors with different types of solution can make it difficult to “see the wood from the trees”

The solution

Co-pilot can help you ensure that you have the right balance of tools, technology and techniques across the Order-to-Cash spectrum (Credit Risk, Collections Processes, Cash Allocation).  This process starts with workshops and leads to a recommended way forward.  Our recommendations may include best-in-class platform vendors for a “new start”, or can also include advice on how to make better use of what you already have.

Why Co-pilot?

In the first instance, we will take you to the right vendor. (see case study).  Then we will make your solution joined-up and integrated into your business. We have a unique-to-Co-pilot portfolio of data sources, tools and techniques which we can design into your solution.  These often address specific issues. For example, we have powerful tools that can help you:

  • Achieve real-time risk insight
  • Focus on industry-specific parameters
  • Manage and reduce high volumes of deductions
  • Manage high volumes of payment plans
  • Monitor DCA performance
  • Respond exceptionally quickly to a data breach (72 hour customer notification requirement in most jurisdictions)

Let's have a chat - call the team on +44 20 7813 2182

Latest News

The Crucial Role of Data in Credit Risk Management

In the dynamic world of credit risk management, data is the lifeblood that drives decision-making. From assessing a buyer's creditworthiness to predicting future payment behaviours, the reliance on comprehensive and accurate data cannot be overstated. In this digital...

Stay Ahead of Risk with Dynamic Scorecards: The Cornerstone of Proactive Credit Management

In the intricate ballet of credit management, your scorecards are your most trusted dancers. They move to the rhythm of financial ebbs and flows, respond to the beat of market dynamics, and perform under the spotlight of regulatory scrutiny. But what happens when the...

Case Study: Top 5 Global Advertising Agency Supported by Co-pilot

Case Study: Top 5 Global Advertising Agency looking to better manage credit risk, credit insurance arrangements and to improve efficiency. We were recommended to this company by another of our clients and we were able to meet up and discuss the challenges: Issues...

Efficient management of large credit insurance programmes – the happy client, the happy broker, the happy underwriter.

Many brokers consider the biggest threat to their business to be self-insurance. Insured clients can be driven in that direction through dissatisfaction with a number of key factors:  The Credit Limit Service — this can be limits available, but it can also be about...

THE THREE ROUTES CREDIT RISK MANAGEMENT AUTOMATION – ARTICLE FOR ICTF MAGAZINE

Our job is to advise clients about credit management technology and best practice. We are independent and we have been doing it for a long time. The key issue is that through experience we know what works, and we also know what doesn’t work. This means that our...

CO-PILOT & AICDP WEBINAR REPLAY

Co-pilot was delighted to speak at the recent AICDP webinar on Automating Credit Risk Management Processes along with Wilm Schweer from SHS Viveon & Shaun Rees of VF Corporation. This was a short, sharp, high-level presentation with interactive questions from the...

ROBOTICS AND AI

Artificial Intelligence and Machine Learning (AI/ML) are current buzzwords and many companies are now investigating the possibilities across various business functions. These technologies can have significant impact upon the performance of credit management but it is...

FORCE MAJEURE – A REALLY USEFUL GUIDE BY BAKER ING

Our contacts at Baker Ing have produced a detailed look at Force Majeure which is available to download from their website - a worthy read in these current times. Download your copy by clicking the image below:

 Co-pilot’s involvement through supplier identification, procurement, implementation and beyond ensured project success and delivery of the business case.

CHRIS SNELSON – SENIOR DIRECTOR – INTERNATIONAL CREDIT AT VF CORPORATION