Credit Risk Current State Assessment
Get an expert industry opinion on the current health of your credit risk strategy and operations, along with prescribed recommendations.
Revitalise and optimise your credit risk strategy and operations.
Don’t ignore the symptoms. The routine of everyday business-as-usual often leads us to neglect symptoms of inefficiency and exposure to risk in our operations.
Every now and then it’s wise to allocate time and resources to focus on reviewing your strategy and operations to identify opportunities for improvement and innovation.
Principa’s credit risk industry experts can apply years of knowledge and experience gained across industries and territories to identify gaps and opportunities for improvement in your operations.
Principa’s Current State Assessment (CSA) has been developed through our team’s vast experience as credit advisors and as credit executives in a variety of banks and financial services institutions around the world.
Our CSAs incorporate a credit health-check across the credit lifecycle assessing the spheres of people, process, strategy, data analytics and technology.
Further to this, a road-map is developed which prioritises all the recommended projects that arise from this exercise.
High-Level Assessment
Duration: 1 day
Overview: Assessment of your business against international credit best practice principles to determine what is working and what needs to be addressed.
In-Depth Assessment
Duration: 5 days
Overview: Assessment of your business against international credit best practice principles to determine what is working and what needs to be addressed.
Benefits
- Reduced operational costs
- Reduced inefficiencies
- Accessible services
- Smooths path to purchase
- Improved customer experience
- Speedy complaint resolution
- 24/7/365 availability
- Consistent messaging
- Your agents are less consumed by mundane tasks
- Your agents are more engaged in valuable interactions
Testimonials
“Principa conducted a situational analysis on our banking processes which identified new areas for improvement. We are committed to improving risk management best practices throughout our organisation and through this Applications Current State Assessment we can effectively match our existing policies to industry best practices.”
Check the health of your credit risk operations
Let Principa’s credit risk industry experts review your operations and strategy and apply international best practices to optimise your outcomes. Contact us for pricing and more information.
