PolicyManager, Onguard's web- and cloud-based credit insurance management solution, empowers organizations to proactively identify and mitigate potential risks associated with non-payment and outstanding debits. It provides a comprehensive, real-time overview of customer insurance policies, enabling confident management of credit insurance. The software allows users to efficiently monitor high-risk customers and assess the financial exposure these risks pose to the business. By automating and optimizing complex credit insurance administration, PolicyManager ensures a crystal-clear understanding of each customer's credit limit and the specific rules and coverage options of individual insurance policies. It delivers detailed insights into credit insurance capacity, streamlines the sales declaration process to credit insurers, and improves the settlement of claims, ensuring administration remains orderly and sufficient credit limits are maintained. When combined with Onguard's CreditManager, PolicyManager forms a dynamic duo that integrates specific insurance conditions directly into credit management procedures. This synergy allows compliance with country- or region-specific policy terms within PolicyManager, while CreditManager incorporates insurer limits and ratings into workflows, providing clear insights into risk development and the entire debtor process.

Features & Benefits

• Proactive Risk Minimization
  • Provides proactive information on potential non-payment and debit risks, offering a complete and real-time overview of customer insurance policies to confidently manage credit insurance.
• Automated Credit Insurance Management
  • Automates and optimizes the administration of credit insurance, providing detailed insight into credit insurance capacity, arranging sales declarations to credit insurers, and improving claims settlement.
• Integrated Debtor & Credit Management
  • When combined with CreditManager, it integrates specific insurance conditions into credit management procedures, allowing compliance with policy terms per country/region and incorporating insurer limits/ratings into workflows for comprehensive risk insights.