Speed up your onboarding process to shorten the timeframe from introduction to order. We transform your customer onboarding process by providing instant credit decisions. Cogent technology enables you to sign up new customers in real time covering all KYC and AML requirements.
Cogent technology enables you to monitor every client, every day looking for any signs of credit deterioration. We can seamlessly plug into weaker client's accounting software or bank accounts to have a live view of liquidity. You receive automated alerts of changes in clients' risk profiles or negative news events because even good clients can go bad. We provide risk reporting for credit and senior management in a way excel based systems never could.
Cogent was built to balance the inevitable tension between maximising revenue and minimising bad debt. We understand that it's easy to say no, much harder to design a system to say yes as much as possible. The system is based on best practice of numerous financial risk taking entities and has been developed over years. Cogent decisioning constantly learns from its own decision outcomes and the payment profiles of UK businesses.