More Information
RS Credit Check helps companies to identify economic risks and potential payment defaults early, assess them more thoroughly, and seamlessly integrate credit information into existing business processes.
Executive Guide Whitepaper
Both documents are available in German language only.
Your Benefits
01
Credit information available directly in the Odoo contact
02
Faster and more informed business decisions
03
Compact credit overview at a glance
04
No media breaks through direct Odoo integration
05
Automatic documentation of all credit inquiries
06
Reminders for missing or outdated company evaluations
07
Updating and quality assurance of your company master data after successful credit check
08
Credit information for companies in numerous European countries
09
Detailed Creditsafe full reports available upon request
10
Support in early detection of payment default risks
11
Usage-based billing of credit inquiries
What credit information is available?
The compact credit overview provides the most important information for a quick economic assessment directly in Odoo.
Current credit rating
Credit classification
Score
Risk class
Probability of default
recommended credit limit
Date of assessment
Current contract limit
currently recorded contract or credit limit
Historical credit rating
previous credit classification
previous score
previous risk class
previous credit limit
Date of last assessment
Company data
Company name
Address
Commercial register number
Tax ID
By comparing with the previous assessment, changes in the creditworthiness of a business partner can be directly recognized and incorporated into current decisions.
Creditsafe is one of the world's leading providers of credit and business information and is one of the most widely used providers of business information globally.
430 mn+
Companies
200+
Countries and Territories
120.000+
Corporate Clients
500.000+
Users worldwide
How to use credit information
directly in Odoo
The setup is done in a few steps:
Installation of the free RS Credit Check Client including RS Token Client
Setting up the connection in the RS Token Client
Provision of the rising systems tokens
Selection of the business partner directly in the Odoo contact
Start of the credit check
Immediate display of a compact credit overview directly in Odoo
All credit inquiries are automatically documented and remain traceable at all times.
More than a credit check
After a successful credit check, the existing contact data can be matched with the available company information. Discrepancies are clearly presented and can be adopted if necessary.
Additionally, reminders can be set up,
- if there is no credit information available for a business partner and a freely definable order volume is reached or exceeded,
- or when existing credit information is older than a defined period.
For example, it can be defined that a pending credit check will be indicated for an order volume of 1,000 euros. Additionally, it can be specified after how many months a new check should take place.
Employees are specifically made aware of missing or no longer current credit information.
This keeps your information base permanently up to date and credit checks become a continuous part of the business process.
The Token System
RS Credit Check uses our rising systems tokens.
These are centrally managed through the RS Token Client. All token transactions can be tracked at any time there.
The tokens are not an exclusive Creditsafe query contingent, but can be flexibly used for various solutions of rising systems AG – including RS Credit Check and RS Address Check. More apps are in planning.
For further information, detailed Creditsafe full reports can be requested directly through rising systems if needed.
Usage-based billing
Credit checks are specifically triggered through the rising systems tokens. This allows you to keep the costs of your queries transparent and use your token balance flexibly for various supported rising systems solutions.
International Credit Checks
Evaluate national and international business partners according to the same processes and on the same information basis.
RS Credit Check supports credit information for companies in numerous European countries, including:
Belgium Denmark Germany France Iceland Italy Luxembourg Netherlands Norway Austria Sweden United Kingdom
Other countries are available upon request.
Typical areas of application
Sales
Evaluate new customers during the proposal process and make informed decisions about payment terms.
Purchasing
Assess the economic stability of new or existing suppliers and incorporate credit information into the evaluation of strategic suppliers and economic risks within your supply chain.
Finance
Use credit information as a basis for credit limits, payment terms, and risk assessments.
Management & Risk Management
Create traceable decision-making processes and integrate credit information directly into existing approval and compliance processes.
Compliance, Due Diligence & Risk Management
Credit information supports traceable and documented decisions when establishing new business relationships, assessing economic risks, and regularly reviewing existing business partners.
Even within the framework of corporate due diligence, a structured business partner review can provide an important information basis. This applies not only to customers but also, for example, to suppliers, strategic partners, and other companies within one's own value creation and supply chain.
As credit inquiries are automatically documented, a traceable history of the conducted reviews is created. This can support internal compliance, audit, and verification processes as well as audits.
RS Credit Check enables a uniform process for different types of business partners – directly within the existing Odoo processes.
International Business Relationships
Check customers and suppliers in numerous European countries directly within your existing Odoo processes and create a uniform information basis for national and international business relationships.
Why RS Credit Check?
Credit information provides its greatest benefit when it is part of your daily business processes.
RS Credit Check integrates current economic information directly into Odoo and helps companies make informed business decisions based on a current and traceable information basis.
This transforms the individual credit check into a continuous process – from the identification and assessment of the business partner to documentation and regular updates of the information.
Get to know us now
We would be happy to show you RS Credit Check in a personal live demo and advise you without obligation on the application possibilities in your Odoo environment.
Frequently Asked Questions about RS Credit Check
RS Credit Check is an Odoo app for integrating credit information and business reports from Creditsafe. Companies check the creditworthiness of customers, suppliers, and business partners directly within their Odoo processes – without media disruptions and without switching to external portals.
RS Credit Check provides credit information exactly where economic decisions are made. This allows for better risk assessment, more informed decision-making, and traceable documentation of credit checks. At the same time, switching to external portals is eliminated.
Individually configurable reminders additionally help to identify missing or outdated credit information in a timely manner.
RS Credit Check is suitable for companies of all sizes that want to integrate credit information into their business processes – for example, in sales, purchasing, finance, risk management, or management.
The credit check is initiated directly from the Odoo contact. RS Credit Check automatically identifies the appropriate company based on the available company data and provides the credit information directly in Odoo.
RS Credit Check provides a compact credit overview directly in the Odoo contact. This includes, among other things:
- Company data such as address, commercial register, and tax ID
- current credit rating with classification, score, risk, probability of default, and recommended credit limit
- current contract limit
- previous credit rating for direct comparison
For further analyses, detailed Creditsafe full reports can be requested from rising systems AG.
Yes. RS Credit Check supports credit information for companies in numerous European countries. This allows national and international business partners to be evaluated within the same Odoo processes.
Yes. Reminders can be set up for both missing credit information and for credit information that is older than a defined period. This keeps the information base permanently up to date.
Yes. All conducted credit inquiries are automatically documented and can be traced at any time.
RS Credit Check provides structured credit information on customers, suppliers, and other business partners and documents conducted credit inquiries. This solution can form an information basis for internal partner checks, due diligence, compliance, and risk management processes. The specific checks required depend on the respective internal and legal requirements of the company.
Yes. After a successful credit check, the existing contact details can be matched with the available company information. Discrepancies are clearly displayed and can be adopted if necessary.
Creditsafe is one of the world's leading providers of credit and business information. The company provides information on over 430 million companies in more than 200 countries and territories. More than 120,000 companies and over 500,000 users worldwide use Creditsafe to assess economic risks based on current company data and make business decisions.
No. The credit information is provided directly in Odoo. For daily work processes, switching to an external portal or a separate Creditsafe account is not necessary.
RS Credit Check automatically identifies the appropriate company based on the data in the Odoo contact and matches it with the Creditsafe database. This eliminates the need for manual searches in external data sources.
RS Credit Check is provided for the currently supported Odoo versions.
RS Credit Check supports credit information for companies in numerous European countries, including Germany, Austria, France, Italy, the Netherlands, Belgium, Luxembourg, Denmark, Sweden, Norway, Ireland, and the United Kingdom. Additional countries are available upon request.
The use is done through the rising systems tokens. These are centrally managed via the RS Token Client and flexibly used for various solutions from rising systems.
The RS Token Client centrally manages the rising systems tokens and provides them to the supported solutions. This allows multiple rising systems apps to use the same token infrastructure.
Yes. The rising systems tokens can be flexibly used for various solutions of rising systems AG – for example, for RS Credit Check or RS Address Check.
Yes. For further information, detailed Creditsafe reports can be requested directly through rising systems if needed.
RS Credit Check can be easily integrated into existing Odoo environments. The download and installation of the app only take a few minutes.
We would be happy to show you RS Credit Check in a personal live demo and advise you without obligation on the application possibilities in your Odoo environment.