With an individual scorecard from Dun & Bradstreet, the globally active life science group Bayer has automated its credit checks to a very high degree and optimized trade credit risk monitoring.
Depending on the credit limit required, Bayer specifically requests different risk data of their customers from Dun & Bradstreet’s Data Cloud. The data is fed directly into SAP’s Enterprise Resource Planning (ERP) system via an API integration.
In this case study, Andreas Wenzel, Global Credit & Customer Finance Manager at Bayer, explains how credit management works at Bayer and what advantages automation brings.