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ABOUT - tradescore for Exporters

tradescore for Exporters is a credit-scoring program specifically designed to address the credit risk of an export transaction. The software program carries out 3 broad functions:

Assessment

It is a user-friendly program specifically designed to assess the factors important to determining the credit risk of export transactions
The factors have evolved from input by exporters, bankers and experience
It involves a point and click methodology to the status of each factor that applies to the particular export transaction

Measurement

Algorithms weight the factors against each other and provides an readable solution
A Summary Report is produced that states the overall percentage credit risk for that transaction as well as credit risk rating for each individual factor.

Guidance

The Summary Report gives written guidance concerning actions that should lower the credit risk of each factor
This guidance allows the exporter to complete 'what if' scenarios on credit risk

The program is protected by Patent and Trade Mark protects 'tradescore'

BENEFITS FOR EXPORTERS!

Knowledge is power and tradescore for Exporters gives the exporter the power to :-

benefit from assessment by:

developing the credit skills and assessment techniques of exporting staff
training people who are new to credit risk assessment
bringing structure to the complex process of assessing export credit risk
bringing consistency to credit risk applications and management practices
using factors not considered by many exporters
meeting their individual needs, whether they be large, medium, small or new exporters

benefit from measurement by:

knowing the level of credit risk in their individual transactions
knowing the level of credit risk in their total transactions
managing their whole portfolio of exports more effectively
managing their credit risk across a wide range of transactions and across a multiple of people with accuracy and consistency.
allowing senior management to set structured benchmarks for the credit assessment process
allowing senior management to view the total credit risk exposure structure

benefit from guidance by:

taking actions that can reduce the credit risk of that transaction
working strategies and actions to lower the credit risk in each factor
increasing exports safely, albeit there is always risk
allowing the exporter to complete 'what if' scenarios on credit risk
giving exporters a greater range of possibilities
increasing their comfort level when dealing with this complex aspect of exporting
training staff across the whole company to achieve consistency

If you would like to find out more - contact us