Credit information directly in Odoo: Informed business decisions without media breaks

New customers, new suppliers, larger orders, or longer payment terms – every day companies make decisions that are associated with economic risks.

The real challenge rarely lies in making a decision. Much more important is the question, on what information basis this decision is made.

Current credit information is an important building block. It helps companies better assess risks, document decisions transparently, and establish business processes on a uniform basis.

With RS Credit Rating we integrate credit information and economic reports from Creditsafe directly into Odoo – exactly where business decisions are made.

Credit management does not begin with a credit check

Many companies are already using credit information today.

However, the inquiry often takes place outside the actual work process: employees switch to an external portal, manually search for the company, transfer the results back to the ERP system, and then document the decision separately – or not at all.

This costs time and increases the risk of media breaks.

Professional credit management takes a different approach.

Credit information is provided directly where it is needed – within the existing business processes.

This creates traceable and more efficient processes without additional steps.

Credit information directly in Odoo

RS Credit Rating integrates the credit information and business reports from Creditsafe seamlessly into Odoo.

The credit check is performed directly from the contact. The appropriate company is automatically identified based on the available company data, and the credit overview is displayed immediately in Odoo.

In addition, RS Credit Rating supports among other things:

• automatic documentation of all credit inquiries,

• reminders for missing or outdated credit information,

• the updating and quality assurance of company master data after successful credit assessment,

• as well as credit information for companies in numerous European countries.

For further information, detailed Creditsafe full reports can be requested directly from rising systems AG.

More than a technical integration

Credit management involves much more than just sales.

In particular, management and finance benefit from a unified information base for economically relevant decisions.

Typical areas of application include:

• Assessment of new customers,

• Verification of new suppliers,

• Decision on credit limits,

• Granting of payment terms,

• Regular updating of existing credit information,

• Assessment of international business partners.

The better credit information is integrated into existing processes, the more consistently it will be used.

Flexible token management

For credit inquiries, RS Credit Rating uses the rising systems tokens.

This is a central credit system for various solutions from rising systems AG.

Management is conducted transparently through the RS Token Client, where all token transactions can be tracked.

The tokens are not exclusively available for RS Credit Rating, but can also be used for RS Address Check to be used.

Credit management as part of modern business processes

The digitization of individual work steps is no longer sufficient today.

It is crucial to provide information exactly where it is needed in everyday work.

Credit information is therefore not an isolated process, but a part of professional corporate governance.

With RS Credit Rating, we support companies in implementing this best practice directly in Odoo.

Professional credit management does not start with software. It starts with a clear decision-making culture – RS Credit Rating helps companies implement this directly in Odoo.

Next steps

Would you like to dive deeper into the topic of professional credit management?

Then we recommend our further materials:

• Executive Guide: Secure business decisions – A management guide for professional credit decisions

• Whitepaper: Professional credit management in Odoo – Best practices, processes, and recommendations for action

• Shop: All functions, technical information, and licensing details for RS Credit Rating

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Or experience RS Credit Rating in a personal live demo.