Automated risk control
Selling on credit is standard, but controlling that risk usually requires constant manual communication between sales and finance teams. Cord automates these rules.
Key benefits:
- Hard credit limits: If a client has a $100,000 MXN limit and already owes $95,000, an agent won't be able to approve a $10,000 quote for them.
- Net 30/60 Terms: Upon approving the quote, Cord automatically schedules the due date and the collections cycle.
- Autonomy for sales: Agents can sell freely as long as the client is in good standing, without friction or manual authorizations.
- Client profile: every client profile shows live credit usage (open balance vs. limit, with a warning if they're over it), their real close rate, and the discount you've given them in negotiation; the same signal the risk engine uses, visible at a glance.
How it works
Set the credit limit and terms on the customer profile.
Cord adds open balances before allowing a new credit sale.
On approval, it calculates the due date and connects the document to collections.
Availability and scope
Commercial credit per customer, with Net 30/60 terms, open balance, and blocking when a new sale exceeds the configured limit.
Clear limits
Cord enforces the rules configured by the organization; it does not run an external credit-bureau check or assign customer solvency on its own.