B2B credit decisions 12 times faster with CIAL360 Credit
With over 50 years of experience, Gerdau Metaldom is a leader in the manufacturing and distribution of steel products in the Dominican Republic.
With CIAL360 Credit, their credit decisions have become faster and more informed, costs have been reduced, and the lack of user support is no longer a problem.
Outcomes
90% reduction in the cost of credit investigations
Credit request decisions 12 times faster
Regional and international data on a single platform
Company History
With over 50 years of experience, Gerdau Metaldom is a leader in the manufacturing and distribution of steel products in the Dominican Republic.
Due to the scarcity of information, commercial credit decisions could take up to 25 days. Additionally, the company used separate platforms to access national and international data, facing a lack of customer support that complicated the process
Pain Point
With a process split across two platforms, commercial credit information used to take up to 25 days to obtain. Gerdau also faced a shortage of local public information and general information about international companies.
To obtain a report from abroad, with two local companies, it used to take us up to twenty, twenty-five days to provide them with a number, in addition to the cost of the process. A single inquiry costs almost ten percent of what I pay in a year with you.
Leandro Peguero
Credit and Collections Coordinator at Gerdau Metaldom
CIAL360 Credit suggests the credit limit that should be approved based on your payment history, informs me about your behavior, the average number of days it takes to pay. It also conducts a series of studies that help me in my daily work. In other words, we will always use your system.
Leandro Peguero
Credit and Collections Coordinator at Gerdau Metaldom
Solution
Powered by a database of over 520 million companies, CIAL360 Credit allows Gerdau to obtain credit information within 48 hours, with access to reports on both public and private companies, leveraging the technology of our Decision Engine.
Results
With the world's largest commercial database and the Decision Engine, CIAL360 Credit has transformed Gerdau's B2B credit decision process!
With a significant cost reduction, the analysis and decisions for credit requests are now 12 times faster, taking only 2 days. The information scarcity that was previously faced, even with separate platforms for this process, is no longer an issue: Gerdau now has access to unique data, insights, and scores from CIAL D&B, along with credit limit recommendations.
The fast and genuine customer support – without vague responses from bots! – provided by CIAL is also a distinctive feature for Gerdau, which now benefits from the quick and effective assistance of CIAL's experts.
90% reduction in the cost of credit investigations
Credit request decisions 12 times faster
Regional and international data on a single platform
Would you like to know how CIAL can help you transform your operation with more informed, secure, and strategic decisions?
Click the button below, and we will contact you! We would love to talk with you and better understand how we can help you optimize your decision-making with high-quality data and technology.
