Early warning system (EWS) is a crucial element when dealing with credit risk management. EWS can be defined as a system for collecting information and then using this information to monitor certain object or subject.
Among other matters, banks are responsible to operate efficiently, to keep solvency and to credit checks on (potential) borrowers. This is how they manage risks, which they take on (ECB 2015). Because in most banks credit risks represents the biggest share of overall risks, is determining, measuring and managing credit risks very important indication of bank’s financial health and quality of their balance sheet.
Costs of credit risk (e.g. writing off of borrower’s credit) of European banks have increased rapidly in the recent years and are still rising in some markets.
Banks with successful monitoring of credit risk and efficient EWS can identify risky borrowers six to nine months before these borrowers face serious difficulties and become unable to pay off their liabilities to the bank.
Complaint Management Software is software that is used to manage and investigate the resolution of customer complaints. It is used to record all complaints which are reported by customers, to investigate the problems, and keep records of these complaints. There are two critical parts of a best-in-class complaint management system: customer handling software and customer complaint tracking.
If you are running a business and are looking for a solution to help keep all your numerous tasks in perfect order, well, acquire project management software. Not only will it help you organize your work, you will also save healthy amounts of time and money as well. Big Boss is designed with both small and large businesses in mind.
The first thing you are likely to experience when you acquire project management software for your business is the ease with which employees will collaborate on assigned projects. When a large project is assigned to a team of employees, it is broken down into easy, manageable tasks and assigned to individuals to handle them.
Are you a normal boss, or a Big Boss™? Being a Big Boss™ means using the right software! Big Boss™ provides unique cloud software that can improve your company tenfold, from good to exceptional. Every normal boss can finally become a Big Boss™, just by using our software!
Business Plan Online
Business Planning with Big Boss™, allows collaborative projecting and business analysis, especially made to enable your company to fully plan your business, and also to assess your company. Discussing that company information is simply as crucial, and Big Boss™ software permits revenue, purchases, estimates, budget, marketing promotions, price and any other data, to be shared across your company. Evaluate and forecast your own organization at any degree. Plan in virtually any units, any equivalent element or any currency and instantly convert back to the others. With Big Boss™, arranging, budgeting, and earnings analysis haven't been easier. And your entire business can talk about that knowledge. If your business is dependent upon an accurate product sales outlook and you aren't producing one, then give Big Boss™ Planning a try. Our software program will enable your group to investigate and foresee your product sales, and send that data to all collaborators.
The Information Age has shifted the power struggle from big vs. small business, to fast vs. slow. Consumers, today, are more informed than ever which has forced companies to very little margin of error when it comes to customer service, delivery of goods and services, and efficiency inside the workplace. Analysis suggests poorly run companies in today’s economy suffer more than they would have in the past, while those that run more efficiently are also rewarded greater today than they would have been before, as well.
How are you preparing yearly Business plan? Using only excel and entering data manually every time?
How are you getting planning data from your departments, sales people,… affiliated units (companies, dislocated units). Sending them excel files? How is the experience with that? Lot of manual work, calling them, because they forget, lot of work with copy/paste? Experiencing problems with that, because users are creative so copy/paste then doesn't work?