With ICC Consult you can enhance your ledger, strengthen your monitoring and build up your risk scoring capability. ICC Consult can provide a range of services to support you across key areas of your credit management process, increasing its effectiveness and reducing your exposure to risk.

ICC Consult offers the following range of services:

• Ledger cleaning and appending
• Ledger risk scoring
• Retrospective risk scoring
• Monitoring
• Risk score development

Ledger cleaning and appending
Using ICC’s up-to-date and accurate information to cleanse your data will ensure high quality business records are used in your decision-making process. ICC can verify and amend details, whilst standardising formats. We can also append additional data items to your customer records, enhancing your existing ledger.

Ledger risk scoring
We understand that identifying a credit limit and risk score for each of your customers is an essential part of your credit management process. ICC can support your process by analysing your customers, and comparing your total exposure to risk with the ICC recommended risk exposure. We can also supply details of your customers’ parent companies so you can assess your aggregate exposure to risk. Additionally, ICC is able to provide you with a report highlighting key areas of risk in your ledger, plus financial data relating to each customer.

Retrospective risk scoring
ICC can help to regulate the credit limits you set and to refine your credit management process by investigating the historical risk scores and trends of your customers. By using our experience you can create a more stable future for your company in a fraction of the time it would otherwise command of you.

Monitoring
With ICC Consult you can easily tailor your monitoring requirements so that you are kept up-to-date on changes that are crucial for controlling your credit exposure. Additionally, our offline monitoring service offers an extensive list of items, plus sophisticated criteria that can be monitored on a daily or weekly basis.

Risk score development
The ICC Risk Score is the most powerful in the market, but you can go a step further and distinguish your specific experience of your customers from those of the general business environment. With CreditScorer, ICC’s expert scoring partner, you can have a tailored risk score, built specifically around your company’s critical factors and particular ranking requirements. This will mean your credit decisions are based on your company’s individual circumstances.