{"id":708,"date":"2020-09-21T15:19:34","date_gmt":"2020-09-21T19:19:34","guid":{"rendered":"https:\/\/poiseddevelopers.com\/vertex-old\/?post_type=case_study&#038;p=708"},"modified":"2023-02-27T09:17:37","modified_gmt":"2023-02-27T14:17:37","slug":"bsure-credit-review-automation","status":"publish","type":"case_study","link":"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/","title":{"rendered":"Credit Review Solution: Automate Credit Review Processes with bSure"},"content":{"rendered":"<h2>How Vertex helped a Major CPG Company Automate Credit Review Processes in a Way that Integrated Existing Systems and Worked with Credit Bureaus<\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-883 size-full\" src=\"https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/credit-review-image.jpg\" alt=\"Credit Review\" width=\"1356\" height=\"400\" srcset=\"https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/credit-review-image.jpg 1356w, https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/credit-review-image-300x88.jpg 300w, https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/credit-review-image-1024x302.jpg 1024w, https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/credit-review-image-768x227.jpg 768w\" sizes=\"(max-width: 1356px) 100vw, 1356px\" \/><\/p>\n<h3>Problem and Background<\/h3>\n<p>Our client is a global <a href=\"https:\/\/poiseddevelopers.com\/vertex-old\/industries\/consumer-goods-and-retail\/\">CPG<\/a> giant. Their products are sold across more than 100 countries through a huge network of wholesale customers, retail customers, and third-party distributors. The client has a large credit review team that had been relying on manual processes to conduct periodic credit reviews, customer credit checks, manage receivables, extend credit limits, etc. Due to manual processes and a hefty amount of paperwork, long delays in conducting credit reviews were far too common. They needed a way to expedite the credit review process in a way that integrated existing systems and worked with credit bureaus.<\/p>\n<p>Our customer faced problems in the following areas:<\/p>\n<ul>\n<li>Managing Accounts Receivable<\/li>\n<li>Performing periodic credit reviews of existing customers<\/li>\n<li>Credit checks of new onboarding customers<\/li>\n<li>Trying to establish collaboration among different functions involved in credit and risk management for a seamless process<\/li>\n<\/ul>\n<h3>Vertex Solution: bSure Automates the Entire Credit and Risk Assessment Process<\/h3>\n<p>Vertex rolled out its flagship solution, <a href=\"https:\/\/poiseddevelopers.com\/vertex-old\/products\/bsure\/\">bSure<\/a>, which automated the entire credit review process, creating electronic storage of documents that reduced credit reviewing to a few minutes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Explore how a major CPG company expedited its credit review process in a way that integrated existing systems and worked with credit bureaus.<\/p>\n","protected":false},"featured_media":884,"parent":0,"template":"","categories":[66,72,110,111,112,113],"acf":{"is_a_flyer":false,"additional_information":"<p>Solution facets include:<\/p>\n<ul>\n<li><strong>Automated workflows<\/strong> &#8211; Credit analysis and reviews; multi-level workflows; credit limit management; audit trails<\/li>\n<li><strong>Customer accounts<\/strong> &#8211; Ease of access; comprehensive search; quick visibility into high-impact customers<\/li>\n<li><strong>Collaboration<\/strong> &#8211; Discussion boards &amp; messages; Task assignment and tracking; Multi-function collaboration<\/li>\n<li><strong>Security<\/strong> &#8211; User profile management authentication; authorization<\/li>\n<li><strong>Integration<\/strong> &#8211; Integration with credit bureaus and ERP for a seamless process<\/li>\n<li><strong>Reports and dashboards<\/strong> &#8211; Executive dashboards for high-level visibility and decision making<\/li>\n<li><strong>Configuration<\/strong> &#8211; All attributes tied to an account; configurable account hierarchy; configurable workflows<\/li>\n<li><strong>Repository<\/strong> &#8211; Streamlined &amp; structured repositories of financial details<\/li>\n<\/ul>\n<h3>Results<\/h3>\n<p><a href=\"https:\/\/poiseddevelopers.com\/vertex-old\/products\/bsure\/\">bSure<\/a> catered to more than 700 <a href=\"https:\/\/www.salesforce.com\/products\/platform\/products\/force\/\">Force.com<\/a> users including sales, credit analysts, risk analysts, and executives, delivering a cost savings of hundreds of thousands of dollars within a year of implementation. Additionally, it delivered work-process improvement savings of over 5,300 hours in the first year. Integrations with internal systems such as ERP and CRM and external systems and credit bureaus such as <a href=\"https:\/\/www.experian.com\/\">Experian<\/a> and <a href=\"https:\/\/www.equifax.com\/personal\/\" target=\"_blank\" rel=\"noopener noreferrer\">Equifax<\/a> have ensured real-time information access.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-709 size-large\" src=\"https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/bsure-chart-1024x478.jpg\" alt=\"bSure risk is managed diagram\" width=\"1024\" height=\"478\" srcset=\"https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/bsure-chart-1024x478.jpg 1024w, https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/bsure-chart-300x140.jpg 300w, https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/bsure-chart-768x359.jpg 768w, https:\/\/poiseddevelopers.com\/vertex-old\/wp-content\/uploads\/2020\/09\/bsure-chart.jpg 1300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h3>Features<\/h3>\n<ul>\n<li>Automated workflows alert users on upcoming reviews based on customers\u2019 past credit ratings<\/li>\n<li>Collaboration with cross-functional teams<\/li>\n<li>Integration with credit bureaus like Experian and Equifax<\/li>\n<li>Integration with external systems like ERP, CRM and DocuSign<\/li>\n<li>Reports and dashboards<\/li>\n<\/ul>\n<h3>Benefits<\/h3>\n<ul>\n<li>Significant savings (hundreds of thousands of dollars) within one year of implementation<\/li>\n<li>Improved collaboration saved over 5,300 worker hours in one year<\/li>\n<li>Real-time access to credit information<\/li>\n<li>Electronic repository of documents<\/li>\n<\/ul>\n<hr \/>\n<h3>About Us<\/h3>\n<p>Vertex is a business and technology consulting \ufb01rm that helps customers transform their business processes with leading-edge technology. Learn more at <a href=\"https:\/\/poiseddevelopers.com\/vertex-old\">www.vertexcs.com<\/a>.<\/p>\n<h3>Inspire. Innovate. Implement.<br \/>\nWe Got IT.<\/h3>\n<h4>Vertex Computer Systems<\/h4>\n<p><a href=\"mailto:info@vertexcs.com\" target=\"_blank\" rel=\"noopener\">info@vertexcs.com<\/a><br \/>\nO\ufb03ce: 330-963-0044<br \/>\n25700 Science Park Drive #280 \/ Beachwood, Ohio 44122<\/p>\n","title":"Case Study at a Glance","case_study":[{"title":"CLIENT","description":"<p>A global CPG corporation<\/p>\n"},{"title":"THE PROBLEM","description":"<p>Our client needed to establish collaboration among different departments involved in the credit and risk management process. Wanting to improve managing account receivables, periodic credit reviews of existing customers, and credit checks of new onboarding customers, management turned to Vertex.<\/p>\n"},{"title":"THE VERTEX SOLUTION","description":"<p>Vertex built bSure, a digital tool that automates workflows and performs credit analysis and reviews, multi-level workflows, credit limit management, and audit trails. bSure streamlines the entire credit review process, creating electronic storage of documents that reduce credit reviewing to a few minutes.<\/p>\n"},{"title":"THE RESULTS","description":"<p>bSure delivered cost savings of hundreds of thousands of dollars within a year of implementation. It also delivered work process improvement savings by over 5,300 hours in the first year. Additionally, integrations with existing internal and external systems as well as credit bureaus allow real-time accessibility. <\/p>\n"}],"title_color":"black","header_size":"large","default_content":"center"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>bSure - Automate Your Credit Review Processes with bSure<\/title>\n<meta name=\"description\" content=\"Explore how Vertex created bSure to help a major consumer packaged goods (CPG) company automate and expedite its credit review process\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"bSure - Automate Your Credit Review Processes with bSure\" \/>\n<meta property=\"og:description\" content=\"Explore how Vertex created bSure to help a major consumer packaged goods (CPG) company automate and expedite its credit review process\" \/>\n<meta property=\"og:url\" content=\"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/\" \/>\n<meta property=\"og:site_name\" content=\"Vertex Computer Systems\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-27T14:17:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ozb.8fe.myftpupload.com\/wp-content\/uploads\/2020\/09\/credit-health-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2160\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/\",\"url\":\"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/\",\"name\":\"bSure - Automate Your Credit Review Processes with bSure\",\"isPartOf\":{\"@id\":\"https:\/\/poiseddevelopers.com\/vertex-old\/#website\"},\"datePublished\":\"2020-09-21T19:19:34+00:00\",\"dateModified\":\"2023-02-27T14:17:37+00:00\",\"description\":\"Explore how Vertex created bSure to help a major consumer packaged goods (CPG) company automate and expedite its credit review process\",\"breadcrumb\":{\"@id\":\"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Case Studies\",\"item\":\"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Credit Review Solution: Automate Credit Review Processes with bSure\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/poiseddevelopers.com\/vertex-old\/#website\",\"url\":\"https:\/\/poiseddevelopers.com\/vertex-old\/\",\"name\":\"Vertex Computer Systems\",\"description\":\"We Got IT.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/poiseddevelopers.com\/vertex-old\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"bSure - Automate Your Credit Review Processes with bSure","description":"Explore how Vertex created bSure to help a major consumer packaged goods (CPG) company automate and expedite its credit review process","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"bSure - Automate Your Credit Review Processes with bSure","og_description":"Explore how Vertex created bSure to help a major consumer packaged goods (CPG) company automate and expedite its credit review process","og_url":"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/","og_site_name":"Vertex Computer Systems","article_modified_time":"2023-02-27T14:17:37+00:00","og_image":[{"width":2160,"height":853,"url":"https:\/\/ozb.8fe.myftpupload.com\/wp-content\/uploads\/2020\/09\/credit-health-image.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/","url":"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/","name":"bSure - Automate Your Credit Review Processes with bSure","isPartOf":{"@id":"https:\/\/poiseddevelopers.com\/vertex-old\/#website"},"datePublished":"2020-09-21T19:19:34+00:00","dateModified":"2023-02-27T14:17:37+00:00","description":"Explore how Vertex created bSure to help a major consumer packaged goods (CPG) company automate and expedite its credit review process","breadcrumb":{"@id":"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/bsure-credit-review-automation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Case Studies","item":"https:\/\/poiseddevelopers.com\/vertex-old\/resources\/case-studies\/"},{"@type":"ListItem","position":2,"name":"Credit Review Solution: Automate Credit Review Processes with bSure"}]},{"@type":"WebSite","@id":"https:\/\/poiseddevelopers.com\/vertex-old\/#website","url":"https:\/\/poiseddevelopers.com\/vertex-old\/","name":"Vertex Computer Systems","description":"We Got IT.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/poiseddevelopers.com\/vertex-old\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/poiseddevelopers.com\/vertex-old\/wp-json\/wp\/v2\/case_study\/708"}],"collection":[{"href":"https:\/\/poiseddevelopers.com\/vertex-old\/wp-json\/wp\/v2\/case_study"}],"about":[{"href":"https:\/\/poiseddevelopers.com\/vertex-old\/wp-json\/wp\/v2\/types\/case_study"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/poiseddevelopers.com\/vertex-old\/wp-json\/wp\/v2\/media\/884"}],"wp:attachment":[{"href":"https:\/\/poiseddevelopers.com\/vertex-old\/wp-json\/wp\/v2\/media?parent=708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poiseddevelopers.com\/vertex-old\/wp-json\/wp\/v2\/categories?post=708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}