Our Proprietary Software Solutions focus on quantifying and managing risk to enable sales growth, business stability, and overall adapt an intelligent decision-making approach. We work side-by-side with our Clients to keep ahead and cross any threshold on their challenging issues. Accuracy, efficiency, innovative thinking and agility dominate in our collaborations.
Audited by: Deloitte & Touche Qatar Branch
Turnover: € 1,936 MM | Industry: Telecommunications
Ooredoo is a leading international communications company with a customer base of more than 100 million across the Middle East, North Africa and Southeast Asia.
In Qatar, we are the leading communications company, delivering world-class services for consumers, businesses, residences and organisations.
We’re focused on building our Supernet network to make Qatar one of the best-connected countries in the world.
Ooredoo’s Qatar strategic decision was to move towards rationalizing the assignment of customer credit limits according to the probability of default, offering vetting capabilities for prospect & existing subscribers’ applications and designing collection follow up & debt recovery strategies according to payment behavior. In addition, Ooredoo management team requested the parallel initiation of targeted x-sell & up sell product proposals. Effective Credit Management and Up-Sell, Cross-Sell Growth with the use of predictive analytics was project’s overall scope.
The solution offered to Ooredoo’s requirement is a rich-featured Decision Engine. The engine generates credit risk & collection decision support and act as a powerful and reliable credit rating tool, complementarily to the existing business practices and rules that the company had. System’s end target is to eliminate losses from doubtful debtors and to propose targeted x-sell and up sell actions on customer level.
Audited by: Deloitte & Touche
Turnover: € 177,4 MM | Industry: Car Rental
With a presence in Greece since 1960, Avis (OLYMPIC Commercial and Tourism Enterprises SA), stars and leads the developments in the field of car rental. Today, the Company owns the master franchise of Asvis, Budget Rent a Car and Payless Car Rental for all of Greece.
AVIS’s need was to comply with the new standard IFRS16 easily, accurately, and effectively. Also, the Company was looking for an agile technology partner able to handle new business and/or compliance requests with acknowledge performance, response and delivery time.
Main benefits that Clients recognize beyond the basics:
- Lease planning and cost estimation extract from the Scenario Simulation mechanism
- Instant lease expenses progress report and Disclosures display from the advanced Report Builder
- User friendly, easy to understand and use system
- Minimum use of internal resources
- Interconnection capability with accounting setup
Audited by: Ernst & Young
Turnover: € 8,023 MM | Industry: Energy
HELLENIC PETROLEUM GROUP is a dynamic Group with solid foundations, holding a leading position in the Greek energy sector as well as in the greater area of Southeast Europe.
The Group’s range of activities includes:
- Supply, Refining and Trading of petroleum products, both in Greece and abroad
- Fuels Marketing, both in Greece and abroad
- Petrochemicals Production and Trading
- Oil & Gas Exploration and Production
- Power Generation & Natural Gas
- Provision of Consulting and Engineering services to hydrocarbon related projects
Hellenic Petroleum Company, the largest Energy & Oil group in Southeastern Europe, was looking for an advanced integrated Credit Risk and Management platform to be able to assess in real-time operational, country, behavioral and credit risk of its corporate clientele in different segments and countries. In addition, the Client requested a comprehensive reporting tool, IFR9 Compliance and the ability for the solution to be incorporated within group’s IT system infrastructure. The solution offered to the Client was a tailor-made credit analytics and business process automation platform that effectively addressed and supported Hellenic Petroleum business and technology needs.
The WE/METRIX Solutions employed to Hellenic Petroleum were the CREDITARK®, RISKVENT® and the weIFRS9.
The Solution Suite managed and implemented the customized credit risk and technology needs effectively that Hellenic Petroleum had to overcome.
Solution’s Suite operations tackled and managed to accomplish risk control and compliance based on the latest audit obligation requirements securing
a) credit control &
b) working capital management through credit limit and receivables optimization, for further business development and growth.
Audited by: Grant Thornton
Zambia National Building Society was established by the Building Societies Act of 1968 as amended in 1970 on 24th December of the same year. The primary objective of Establishing the ZNBS was to increase Housing stock in the country by provision of house loans and undertaking construction housing projects. In addition to property Financing, ZNBS also provides Banking services across the country. ZNBS also provides office space to individuals and companies mainly in branches along the line of rail.
The society also provides Real Estates Services to the General Public. ZNBS has got a 20 branch network across the country and one Agency in Lusaka’s Soweto Market.
The main scope was to comply effectively and effortlessly with IFRS9 guidelines. Besides, the Client requested IFRS9 operations to be integrated within its central ERP system.
WE/METRIX has embeded CREDITARK module to PROFITS Banking ERP. The solution provides complete and accurate measurements of ECLs for all ZNBS customers and product categories.
Apart from the IFRS9 compliance report, our Clients get a keen view of how their Customers evolve to apply adjustments and corrective actions in their Credit and Dunning Policy. The outcome and methodology are certified for accuracy and completeness.
Audited by: KPMG
Turnover: € 186,6 MM | Industry: Retail Store
Media Markt is the No. 1 electrical and electronics company in Europe, with more than 35 years of presence in international markets. Its store network extends to 14 countries, from one end of Europe to the other, covering many different consumer needs. It has been active in Greece since 2005 and has 12 physical stores in strategic parts of Greece, as well as an online store, offering consumers the ultimate Media Markt experience, wherever and whenever it suits them.
Media Markt Greek branch requested for a SaaS solution to serve customers that were looking for a flexible payment option to perform purchases in installments that they will determine and repay according to their needs.
Media Mark offered a tailor-made solution to its Consumers that meets on customer level a healthy financial life that values affordability and lifestyle.
Audited by: Deloitte & Touche
Turnover: € 510 MM | Industry: Food & Beverages
Chipita was established in Greece in 1973 as a company producing and marketing savoury snacks. Its main products back then were our Extra cheese-flavoured corn snacks, subsequently followed as of 1988 by potato chips.
In 1991 saw the arrival on the market of our 7DAYS croissant- individually packaged baked snack with long shelf life- followed shortly thereafter by the 7DAYS mini croissants.
A few years later – in 1995 – our innovative savoury Bake Rolls hit the markets, rapidly establishing themselves as consumers favourite.
Chipita is currently present internationally in 3 major product groups- croissants and similar dough products, bread based baked snacks (Bake Rolls) and other products.
Chipita goods, produced in 14 Production plants in 11 different countries, are delivered to consumers in a total of 56 countries, either directly or indirectly through strategic partnerships.
Chipita’s need was to comply effectively and effortlessly with IFRS9 guidelines. Also, the company wanted to test the credit quality of the entire trade credit portfolio, even for those Clients that have never produced a delay in payments or a write-off to support its decision-making approach adequately.
Chipita, within few days, received back the IFRS9 final results, the metrics and the analysis supported by clear insights, and reporting dashboards.
Last, but equally important, Chipita’s personnel saved valuable time from unnecessary meetings, phone calls, exchanging critical data through emails.
The Need: Effective Credit Management and Reporting Compliance
The Need: Reporting Compliance
The Need: Reporting Compliance