2023-04-24 05:02:48
Atlax 360, multinational company specialized in B2B credit risk, and Munich Re, one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions, through its corporate business Balletlaunch a new Flexible Credit insurance policy, a integrated frictionless credit insurance.
According to the entity, “this innovative Flexible Credit Insurance is an excellent example of the potential of integrated financial services, as it is embedded in Yndika, a platform for order to cash process optimization with advanced risk management capabilities. Yndika, the SaaS platform of Atlax 360, contributes to management control and allows companies to companies of any size optimize their Order to Cash processesproviding efficiency and improving the performance of the company”.
They also indicate that Yndika users can now design Credit insurance based on their individual needs. This is possible without changing the user interface and with fully automated administration processes, such as notifications or claims management, so that the bureaucracy is considerably less than with traditional credit insurance coverage: «Contracting is flexible, without the need to insure your entire portfolio, with a duration of 3, 6 or 12 months and can be done in just a few clicks. Both the client and the insurer have a real-time risk assessment of their debtors, and also of each of their invoices. The result is professional risk management and risk-based pricing.”
Crédito de Talaria’s insurance solutions are embedded in the Yndika platform and are Available for Spanish companies, both small and medium, as well as large corporations.
“The future of B2B payments is in embedded finance. Small and medium-sized businesses, as well as large enterprises, are increasingly asking for easy-to-use financial solutions that are ideally fully integrated into their software platforms. These platforms can be marketplaces, ERP systems or Order to Cash solutions. B2B customers are also retail customers and expect the same customer experience when operating as a business. Integrating credit insurance and financing into the major B2B software platforms allows for more flexible and user-friendly products, as well as minimizing the manual administrative burden, which is often quite extensive,” he explains. Andreas Moserresponsable de Embedded Trade Finance Solutions de Munich Re.
“One of the main pillars of Atlax 360 is to offer personalized financial services at competitive prices to the European SME segment. To achieve this goal, digitization and automation are essential. Talaria is a key partner thanks to its high level of innovation and its ability to support our fintech and insurtech solutions in a simple and flexible way. Our collaboration with Talaria stands out for its accessibility and ability to offer solutions in a simple and agile way, allowing us to adapt our products to the market and always with a personalized service”, highlights santiago martinCEO of Atlas 360.
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