Together with KBC, we optimize credit management of companies

Apr 27, 2020

iController blog - collaboration KBC credit management

Together with KBC, we optimize credit management of companies

Estimated reading time: 3 minutes

Last month, we started our collaboration with KBC.  From now on, KBC will introduce the iController software to customers who want to optimize their credit management. Our common vision is that the future of credit management lies in automation. We hope to propagate and represent this vision to many new companies.

A better cash flow

Companies are often unaware that they are working in an inefficient way and that there is a better way to monitor their invoicing. Credit controllers work with the resources they have, but it often remains difficult and time consuming to maintain an up-to-date overview of outstanding invoices, despite their hard work and dedication. Many companies still work manually, often using outdated and inefficient processes.

Our credit management software makes the life of credit controllers considerably easier and ensures a way of working that is pleasant and efficient. The software helps them, among other things, to monitor payments and assess risks. The system indicates, for example, when and to whom reminders should be sent, or when the company should take further steps to collect the outstanding balance. In this way, invoices are paid faster and more efficiently, resulting in a better cash flow.

Invest more efficiently

KBC helps its clients in many areas to improve and efficiently manage their working capital. This also includes support in the area of credit management. After all, a good cash flow provides more investment opportunities and a solid financial basis.

Wim Eraly, Managing Director Corporate Banking at KBC Division BelgiumWe attach great importance to healthy credit management of our corporate clients. Companies that keep a good overview of their financial flows can anticipate faster, invest more efficiently and build on their future with confidence. We are strongly committed to this with powerful working capital solutions, also in cooperation with partners outside KBC. This gives customers a real-time overview and accurate insights on their KBC Business Dashboard. The collaboration with iController fits in seamlessly with this.”

End-to-end solution for credit management

iController samenwerking KBC

At iController we are also very enthusiastic about the cooperation with KBC. We strive to offer a user-friendly end-to-end solution for credit management. We are looking forward to introducing our software to many new companies. We are convinced that the future of credit control lies in automation, and we are pleased that KBC shares this vision. Today, companies are often unaware of the benefits of high-quality automation and centralization of credit management. Together with KBC, we want to change this.

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