The SplashDev Risk Management (SplashRisk) module is an extension for Microsoft Dynamics Business Central (on Premise and Cloud). With SplashRisk you can mitigate the risk with your clients, before giving them a loan or lease. Before providing your client with an offer, you can run a risk assessment on the company or person and validate the credit rating before signing an agreement.
The Simplified Financing Workflow is an easy to understand and customizable workflow that be be adjusted to your specific needs. This flow has several different filters within a single interface. Every step within the flow has checks and values. Filters are available to filter for example on maximum offer value for this customer, financing value, exposures, the number of active contracts with this customer, and more.
It gathers all the information about the company to see if they are for example a startup, a company without any activity or the turnover for the last fiscal year. Company Relations is another webservice where we can find the actual owners of the companies, this information is relevant for the PEP screening and embargo checks.
If the offer was not approved at this point, the customer will move into the extended analysis phase.
Every customer will obtain its own risk file including the results of the analysis and company structures and can be saved for further use.
SplashRisk has a built-in track system where the user can see in real time in which phase of the risk process the request is. All approved and declined steps are visible during the entire process.
The total run-time for the Simplified Risk Process is a matter of minutes. No more long waiting time to obtain a risk assessment but get the results directly during your conversation with your customer.
The so-called W(R) rating. Based on the relationship information, we built a visible relationship of the ownership of each company. There are no limitations on the depth of this ownership level. With our click through model, you can dive deep into the company structure to assure that this customer caries no risk.
Company Group is being used to calculate the group exposure for the creditor. The exposure calculation flow is connected to for example your accounting application or external providers, to obtain the right results.
SplashRisk contains different types of financial structures. A financial structure in the leasing industry is for example a combination of down-payments, period of lease, residual value, client qualification (standard, start-up, no activity). The offer requested by your customer must meet all the requirements of the financing structure to be approved.
Next to the above checks are made based on payment behavior, financing policy and other financial conditions.
The workflows are fully customizable to your business processes.
In case the customer was not accepted during the Simplified Risk procedure, or was filtered out even before that, we can run the Extended Risk Analysis, based on the risk file (containing the customers, endorsers, and beneficiaries) that was created for this customer
As the name already says, the extended risk analysis is a more complex and in-depth risk analysis. This module can be used for companies, private persons, single person companies and much more.
The extended Risk Analysis supports different types of offers which are called Frames.
With SplashRisk you diminish your risk and exposure dramatically to assure that you provide financing to those customers that are credit worthy, without the risk of losing your money.
SplashDev is a Microsoft Dynamics 365 Solution Provider that helps companies achieve performance excellence and make sure their investment in software brings real, measurable results.