With an increase in hybrid working and a shift to the Cloud, Digital Transformation has accelerated exponentially across all sectors. That said, few businesses are yet to apply this to improving their credit management process.
Digital Transformation for Breal CM is about enabling our clients to ascertain a timely understanding of the financial performance of their customers. From the perspective of credit risk, they will be able to make better informed, speedier credit decisions based on real time data.
Using this technology enables our clients to move away from endless excel spreadsheets. The ability to base decisions on granular real-time data puts our clients in the position to both ‘nowcast’ and ‘forecast’.
These capabilities are useful not only for credit and risk functions but also for the business as a whole, since they can help shape commercial actions and customer strategies.
Our experience in this sector spans over 20 years of knowledge and growth at the forefront of digital developments. We walk our clients through the take on and implementation stage. This path is rapid and easy to follow. Gone are the days of digital implementations that take months and years involving multiple stakeholders. We partner with solutions that can have our clients attracting a return on investment in weeks.
We worked closely with Breal in the recovery of wholesale and concession debtors during the administration of a national UK retailer. Breal were extremely efficient in establishing a clear strategy for recoveries and provided regular insightful updates regarding the progress of collections. Their diligent approach was impressive and resulted in a materially better outcome than anticipated, benefitting the creditors of the business. Straight forward, effective and should the opportunity arise, would definitely consider using Breal again in the future.
Technical Director, Deloitte LLP
I’ve known Nathan for nearly 8 years – during this time he’s worked on all kinds of ledgers for me; good and bad, big or small, new and old. No matter the ledger, Nathan and his team always get a result!
I have instructed Breal on several occasions, instructing them to assist with the recovery of rump end ledgers. Nathan and his team have always taken prompt action which has often resulted in the debt being paid when it was considered uncollectible . I would have no hesitation in recommending the Breal team.
Partner, Opus Business Advisory Group
I have found Breal to be an effective and commercial agent. They respond proactively to new instructions and provide regular feedback on the matters that they are dealing with. I would not hesitate to recommend them.
Partner, Antony Batty & Company LLP