Amalgamated Beverage Industries, the soft drink division of the South African Breweries (ABI), partnered with TransUnion to enable ABI to extend credit to its commercial client base. ABI will leverage TransUnion's risk management solution, which includes the innovative Debtor Ranking solution.
The Debtor Ranking solution rapidly collates commercial data, based on a set of customisable rules, and provides an intuitive view of the potential risk associated with each debtor. The solution ranks debtors on potential risk (high, medium or low and an associated score), which enables ABI to make the right choices when extending credit.
“At ABI we are shifting from a cash-based environment to a credit-based environment. TransUnion's risk management solution has allowed us to quickly enter the credit market, which is key to our strategic move away from drivers collecting cash directly from our customers. The solution is extremely flexible and caters for our business requirements. It is ideal solution for our account application process and ensures a better overall customer experience, which is one of our key differentiators,” said Sandy Pillay, National Credit Risk Manager.
“We appreciate the opportunity to work with ABI and trust that this is the beginning of a longstanding partnership. The solution allows for easy interpretation of debtor risk, while providing an affordable entry into the analytical environment,” adds Thamir Hassan, CEO of TransUnion Analytic and Decision Services of South Africa.
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