CofaServe, an electronic data exchange solution to facilitate day-to-day business
Following its innovative offer Policy Master, Coface is targeting the specific needs of larger companies who manage a significant number of credit limits with CofaServe. This solution provides an interconnection between the Coface database and clients’ in-house IT systems.This puts companies in a strong position to improve the effectiveness and speed with which they manage their credit insurance contracts.
Going beyond the usual Cofanet approach (Coface’s online credit insurance management platform), CofaServe is a secure and flexible solution designed to improve the simplicity, reliability and automation of managing credit insurance contracts. Instead of learning to use new tools, the company accesses all the usual integrated services directly in its internal IT environment, including the ability to search clients, access up-to-date information on buyers’ solvency, to input and track requests for additional insurance cover, make a claim.
All the information is updated and accessible in real-time. Some of the benefits of automating exchanges is the reduced risk of inputting errors, and accelerated decision-making.
Thanks to the simplification and automation of procedures, CofaServe saves credit managers considerable time which they can now spend optimising risk management and internal communications with salespeople, providing them with real-time reliable information.
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