How many days do your customers wait for credit approval?
Long turnaround times: Customers wait as long as two weeks to get a credit decision
Applications submitted via fax or email are often hard to read, incomplete, and contain invalid entries.
Credit teams spend countless hours chasing down references, verifying bank details, pulling credit reports, and following up with customers before being able to make a credit decision.
This lost time doesn’t just slow down the credit team, it slows down the whole company. Sales reps cannot convert their leads, and customers cannot submit orders.
Free your team from repetitive, manual tasks. Have all the insights you need to make good credit decisions, fast.
We’re seeing credit approvals happen 50% faster than they did before Nuvo.
We're now achieving revenue more rapidly, and creating a better customer experience for our customers, too.
Furthermore, our sales reps and finance team have complete clarity on the status of each credit application.