Credit risk mitigation refers to the strategies and measures implemented by financial institutions to minimize the potential losses associated with lending activities. These methods may include requiring collateral, obtaining guarantees, using credit derivatives, or diversifying loan portfolios. By employing effective mitigation techniques, banks can safeguard against default risk and maintain a balanced and resilient credit portfolio, thereby ensuring financial stability and regulatory compliance.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Recommended Digital Assets for You
Suggested Resources
Digital Order-to-Cash: Innovation for the New Normal and Beyond
Go Digital in Your Credit Department
Data-driven Banking & Financial Services
Digital Credit: Onboarding the Customer
Add AI to Your Order-to-Cash Process
AR Automation for JD EDwards
AR Automation for SAP
AR Automation for Oracle
AR Automation for NetSuite
AR Automation for PeopleSoft
AR Automation for MS Dynamics
Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
