What we offer
GSCF’ service offering covers the entire program process – from its inception and definition, followed by its activation and thereafter its ongoing management.
Structuring
- Advice on the right program structure
- Assist in the process-flow design
- Find right counterparts; i.e. funders and insurers
- Credit insurance expertise
- Specific legal knowhow
- Ability to manage high complexity, across industries and jurisdictions
IMPLEMENTATION
- Set-up programs in a short time frame
- Smooth activation process, detailed planning and execution
- On-boarding of obligors/suppliers
- Program training
- Tailored approach
- Supported by dedicated technical and operational teams
Servicing
- Entire management of programs
- Real time data processing
- Tailored reporting capabilities
- Credit management services, including credit analysis & risk rating
- Participations management services
- 24-7, multi-language coverage
- White-labelling offering
Programs
GSCF can technically set up and manage any Receivables and/or Payables based financing program.
Platform
GSCF owns a proprietary processing platform which has been matriculated throughout the years.
- Web-access: User-friendly platform accessible via the internet
- Flexibility: The software allows bespoke programs
- Complexity: Handles multiple regions, languages, currencies, notifications and alerts, jurisdictions and many more
- Processing of all types of billing documents (invoices, credit notes and purchases orders)
- Full automation: Processing with no manual intervention
- Transparency: Data can be drilled down to invoice level
- Monitoring: Credit risk management features
- Technically integrated to insurers’ systems
- Regular updates to stay up-front with technology and innovation
Platform Features
Security
- Two data centers ensuring business continuity
- Compliant with the International Standard for Assurance Engagements (ISAE) 3402 Type II
- No outsourcing – 100% in-house developed and hosted platform
- Comprehensive audit trail
- HTTPS Protocol
- Multi layered user access and approvals
Connectivity
Connection with GSCF platform is possible via:
- Applicability Statement 2 (AS2) or AS2 via Third Party Provider (e.g. GXS)
- Secure File Transfer Protocol (SFTP)
- File Transfer Protocol (FTP) with encryption (GPG – GNU Privacy Guard)
- Platform Upload
Credit Risk Management
- Collection, spreading and analysis of Financial Statements
- Risk rating of obligors considering financial performance and payment behaviour
- Watch lists and automatic alerting system
- Repository of all financial-related information and program related documentation of obligors
- Proprietary Financial Analysts Spreading Tool (FAST)
- Dedicated team of experienced Financial Analysts
