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At Breal CM, we are always looking for ways to improve our client’s experience with us and we believe that what we will discuss in this blog will be able to help us to achieve that goal. Therefore we will also give you some examples of how we use digital transformation and related technologies here at Breal CM as we hope that by doing so and what we have to say in this blog post will help you to understand why we use them and how they could be helping you in the future. When you start your journey with Breal CM we look to understand your unique requirements by working together with you to build a picture of what success looks like for you and your business. We do this by using our knowledge and insight that spans decades within the credit management and order-to-cash technology market. Together we aim to bring a collaborative approach to every project meeting we have to achieve our clients’ common goals.

What are a digital transformation and related technologies?

Digital transformation is the process of using digital technologies to create new or improved business processes, products, and services in order to improve customer experience, and operational efficiency, or to enter new markets.

Digital transformation is the changes associated with the application of digital technology in all aspects of human society. The goal of digital transformation is to improve digital capabilities, experiences, and processes to drive growth, efficiency, productivity, and competitiveness. 

Digital transformation and related technologies are now enabling companies to maximise cash collections and improve the debtor and client experience. This in turn helps the collections workflow and helps dramatically improve the real-time management information. 

There are a number of ways that you could use these technologies to improve your customer experience. For example, you could use big data and analytics to understand your customers better so that you can provide them with the best possible experience. You could also use cloud computing to make it easier for your customers to access your products and services. And, you could also use artificial intelligence (AI) to provide your customers with a more personalised experience. 

Digital Transformation is using digital technologies to create new or improved business processes, products, and services. This can be done in order to improve customer experience, and operational efficiency, or to enter new markets. Some examples of digital technologies that can be used for digital transformation include big data and analytics, cloud computing, artificial intelligence (AI), the internet of things (IoT), and blockchain. 

What are some examples of digital transformation and related technologies? 

We have already mentioned a few examples of digital technologies that can be used for digital transformation but there are so many that we thought it would be easier to list them for you: 

• Artificial intelligence 
• Machine learning 
• Robotics 
• Virtual / augmented reality 
• Blockchain technology  
• Automation of manual processes 
• Optimization / Reengineering of existing processes 
• Improvements in customer experience through better use of big data and analytics 
• Integration of new technologies such as mobility, social media, cloud computing, and the Internet of Things (IoT)

Digital transformation can help shape commercial actions and customer strategies by maximising cash collections, enhancing the customer experience and by dramatically improving real-time management information.

There is so much you could offer your clients by embracing digital transformation such as an online portal that enables them to see their accounts in real time where they can make payments and manage their debtors effectively and efficiently. You can also use an AI that has machine learning within the portal to provide recommendations on how they can improve their collections process. This is an amazing piece of technology for businesses to be utilising for their clients as it could potentially reshape how they handle everything in their company.  

Using this technology enables clients to move away from endless excel spreadsheets and introduces them to the ability to base decisions on granular real-time data that puts clients in the position to both ‘nowcast’ and ‘forecast’. These capabilities are useful not only for credit and risk functions but also useful for the business as a whole since they can then help shape commercial actions and customer strategies. 

What are the key benefits of digital transformation and related technologies? 

There are a number of key benefits of using these such as: 

-Real-time data stores with event-driven streams of decision making 

-Improvement in working capital 

-Increased shareholder value 

-Cash forecasting in real-time 

-Exception based reporting via dynamic dashboards 

-Collector workflow improvement 

-Improved customer experience 

-Improved real-time management information 

Using digital transformation can help shape commercial actions and customer strategies as you will be able to maximise cash collections, collections workflow, improve their debtor, enhance your customer and client experience and dramatically improve real-time management information. Digital Transformation is all about enabling clients to ascertain a timely understanding of the financial performance of their customers as from using this perspective that focuses on credit risk, they will be able to make better informed and speedier credit decisions that are based on real-time data. 

What do we do at Breal CM?

Here at Breal CM, we use digital transformation and related technologies to improve our customer experience as we believe that they are central to everything we do here at our company. We achieve this by applying creative solutions to meet the most complex credit management challenges for the leading businesses and brands that we work with. 

Our team at Breal CM works directly with our corporate clients, to review their credit management processes and to guide and support positive change for their businesses. We pride ourselves on the fact that our company can be integrated at any part or stage of the client’s credit management processes. Breal CM will provide our independent advice and support on all the optimal strategies for the business so that we can help you find the solutions best suited for your business.

These capabilities are useful not only for credit and risk functions but also for a business as a whole as they can help shape commercial actions and customer strategies. That is why we strongly believe that these can help us to achieve our goal of providing the best possible customer experience for all of our clients and their businesses.

Using digital transformation and related technologies enables us to help our clients to move away from endless excel spreadsheets and instead use technology that focuses on  live data from the cash technology market that they can then use to forecast cash flow and therefore understand their cash cycle more effectively. This solution-driven strategy is a Financial CRM Platform that is currently transforming the technological landscape and we are confident that these capabilities are useful not only for credit and risk functions but also for the business helping to shape commercial actions and customer strategies.

At Breal CM our passion for quality inspires us and others to make a meaningful difference which is something we always aim to achieve by engaging our services and organisations so that they are able to accelerate their cash flow and transform their working capital into something they are proud of. This then allows their business to reinvest in growth, improve their customer satisfaction and make a real difference in society.

As a company, we pride ourselves on being logical and straightforward by measuring every outcome on how well it serves our clients as we want our clients to succeed. This is why we believe in building relationships with our clients that are founded on collaboration and respect so that we can deliver exceptional results through our determination, focus and tenacity as this is what drives our company to offer the very best services we can. 

We understand that there has been an increase in hybrid working and with the shift to the Cloud, Digital Transformation has accelerated exponentially across all sectors. That being said, there are few businesses who are yet to apply this to improve their credit management process and with our experience in this sector that spans over 20 years of knowledge and growth at the forefront of digital developments, we want all our clients to be taking the plunge into new digital ventures. 

It is a path that is rapidly and constantly changing but easy to follow when you have a company like ours who are on hand to guide you through it. We want to see the days of digital implementations that take months and years to involve multiple stakeholders, gone which is why we come up with solutions for our clients that can attract a return on their investment in weeks. Our belief is that these technologies can help us to achieve our goal of providing the best possible customer experience for all of our clients. 

Thank you for reading this blog, if you would like to read more about what we have to offer here at Breal or to learn more about how digital transformation and related technologies can benefit your business, click here!

If you are struggling to make debt payments each month, or if you feel like it is all spiralling out of control, it may be time to consider working with this kind of management company. 

Debt management companies can help you get back on track financially by creating a personalised plan that fits your unique situation. They can also help you save money on interest rates and fees, and may even be able to negotiate lower balances with your creditors. So, are debt management companies a good idea for you? Keep reading this blog to find out!

So what are debt management companies? 

Simply put, they are a type of company that can help other companies to repay their debts. They do this by creating personalised plans for each and every company that comes to them for help. These plans include and take into account factors such as the company’s budget and timeline to help them become more organised so that they can repay their debts. 

A debt management company is good for your company if you wish to lower your interest rates and fees as they will make it their mission to achieve this for you. The company you chose to work with will always want to work with you to help you with your debts so they will try everything they can to negotiate a lower balance for you with your creditors.

What are some of the benefits of working with these types of companies? 

Debt management companies offer many benefits to those struggling with money problems with one of the main benefits being the team within these companies who can create a personalised plan to help you to repay your company’s debt. This plan takes into account your budget and timeline so that you can make those payments less daunting by paying them back whenever works best for you. Another benefit of working with this kind of company is that they will do everything they possibly can to try and save you money as at the end of the day they are working with you to help you get your debts paid off.  

If you are asking yourself the question: are debt management companies a good idea for you and are looking for a company that you can trust, then look no further than Breal. We have helped countless companies and organisations with their problems and concerns and so we are confident that we can help you too. 

What can a debt management company do for me?

There are many benefits to working with a debt management company. One of the biggest advantages of working with a debt management company is the aforementioned reason that they can help you to create a personalised debt repayment plan. This plan will work within your budget and timeline to get you out of debt as quickly and as efficiently as possible. Some debt management companies may also have relationships with creditors and therefore they may be able to help you to get lower interest rates and fees, and they may even be able to negotiate lower balances for you.

Another reason why debt management companies are a good idea is that they can help you stay on track and they will want to work with you to come up with a budget and a timeline that works around you and that works for your unique situation in order to get you out of debt as quickly as possible. 

If this is something that has become an issue or a problem for you, then debt management companies may be something worth considering as, with the help of this kind of management company, you will be able to create a personalised plan that works for you in order to get on top of repaying your debt.

These companies are a great option if you are struggling to stick to making debt payments each month as they can help you become more organised in keeping on top of payments by using a system that works for you and makes sure that you are repaying your debts as quickly and efficiently as possible. So if time management is something that you know you struggle with then hiring someone to help you would be the best thing to do. 

So to summarise why debt management companies may be a good idea for you the key reasons are: 

• That they can help you create a personalised repayment plan that fits your budget and timeline 
• They may have relationships with creditors that can help you get lower interest rates and fees 
• They may be able to negotiate lower balances for you with your creditors 

Are debt management companies a good idea for you?

There are a number of reasons why you may need a debt management company such as that you are struggling each month to make your debt payments which may be due to a lack of organisation and therefore is something that you need someone to help you with. 

Speaking of organisation you may simply just want someone to help you to create a personalised debt repayment plan. This is something that can be achieved by hiring a debt management company as it is something that they specialise in and by having someone staying on top of things for you, you will ultimately make your debt repayments on time and at a faster rate. 

If you have been struggling with managing your debt and if you are looking for someone to help you with it then debt management companies such as Breal may be the best option for you.  

Why choose Breal CM to help you?

Breal CM offers game-changing credit management solutions that can help you to become debt-free. We offer consultations to help you figure out if working with us is the right choice for your unique situation. 

Breal CM provides creative solutions to corporate businesses, advisors, restructuring companies, banks, and private equity houses. We offer management services that are specifically designed to meet the needs of every single one of our clients. So if you are considering working with a debt management company, Breal is here to help you! 

Here at Breal, we specialise in helping companies manage their debt and get on the path to financial freedom. We do this by offering our advice to help you figure out if working with a debt management company like ours is the right choice for you and what we can do to help you and your business.

Our debt management solutions are based on a deep understanding of what our client’s businesses’ objectives and challenges are. This way we can work with our clients to create a bespoke debt management plan that delivers the best possible results for them. Together with our knowledge and insight that spans across decades within the credit management and order-to-cash technology market, we will always bring a collaborative approach to each and every meeting with our clients to achieve their goals.

At Breal CM, we apply creative solutions to meet the most complex of credit management challenges for leading businesses and brands by using the debt management services that we have designed to achieve the best possible results for our clients. 

Here at Breal CM, we like to think of ourselves as a game-changing credit management solutions company. Our aim is to help you to get out of your debt and to improve your credit score which we do by delivering first-class outsourced collections and advisory services. Our team are all fully qualified in managing not only your debt but also all of the relationships our clients may have. We consider all of the business and brand implications before every contract we take on so that we can turn data into dialogue that gets tangible results for your business.

As a demonstration of our service quality and integrity, we are trusted by leading organisations with their most valuable assets, such as their brand reputation to their customers and their working capital. We have a proven track record in debt management services that shows how we are dedicated to providing the best possible outcome and services for all of our clients. 

If you are in a position where you are struggling with debt, Breal CM may be the answer to all of your problems. If you choose to work with us we can ensure that you will work with a team of experts who will help you by creating a personalised debt repayment plan to help you save money on interest rates, and fees and by making sure that you make your debt payments on time every month. 

We hope that this blog has helped you in answering the question: are debt management companies a good idea for you. Here at Breal, we want to help you in every way possible we can, so do not wait to get in touch with us today by visiting our website. There we can help you to get started on your debt-free journey one step at a time! 

If you are looking for more blogs to read about what we do here at Breal, all you need to do is click the link here!