Businesses that streamlined credit insurance administration using Limit Ledger
Credit insurance? Absolutely!
But how insured are you, really?
Complicated rules and heavy administration can put a spoke in the wheel of your credit insurance. Just like with any insurance, there are a number of conditions that must be met to receive compensation. But if even one condition isn’t fulfilled on the day a claim occurs, it could mean you won’t receive full payment.
The challenge is that gathering all the required information often takes a lot of manual work.
From manual work
to digital efficiency
Limit Ledger is a system that easily keeps track of all terms and credit limits.
It’s a digital way of working — requiring just one click to give you a complete overview of your credit insurance situation.
Limit Ledger keeps track
Limit Ledger is a system designed for companies with credit insurance, helping you manage and analyze your policies and agreements. It works seamlessly with all insurers on the market today, providing a simple and transparent way to see how your receivables are covered.
With Limit Ledger in place, you save time and can rest assured that all policy conditions are met in the best possible way.
How Limit Ledger simplifies your work
Documentation
It’s often difficult to remember when and why certain decisions were made. Limit Ledger allows you to document all your credit decisions in one place. In the event of non-payment or customer loss, you can easily retrieve the necessary documentation for a claim and get support in keeping track of your ongoing cases.
To receive full compensation in the event of damage, non-payment, or customer loss, invoicing must comply with the terms of your insurance policy. With Limit Ledger, you can instantly identify invoices that violate any of these conditions. You also receive information about overdue invoices and see exactly when they need to be reported.
Limit optimization
How high should your credit limit be? A common pitfall is applying for a limit based on the current outstanding balance for a customer — but that amount can change over time. With Limit Ledger, you can easily see how the balance has varied historically and determine the limit amount you actually need.
Safe and secure
Limit Ledger is installed locally on the computers of those managing your credit insurance.
This means that no invoicing data ever leaves your systems — significantly reducing the risk of sensitive information falling into the wrong hands. Limit Ledger also carries out a dedicated onboarding process with each customer to ensure the system is fully optimized for your users.