Portfolio

Vendor Finance Credit System for a Financial Services Group

The SCAD Software approach is to achieve a 40% code reduction, leading to 75% faster to market and typically 30% lower cost. In this instance, the benefits were seen through a reduction in corporate risk and the reduced cost of manual processing.

What we did

We replaced a manual process for handling vendor credit finance, with an automated system to cover the end to end credit process.

How we did it

The manual process was error prone, didn’t give the business a consistent and complete view of their vendor finance book. The implications being considerable risk to the business. We worked with the client to replace the manual process, delivering a fully automated solution in 2 months.

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