Quadient and Coface join forces to offer an advanced customer risk management solution in France and other international markets
26 September 2023 - 5:45PM
Quadient and Coface join forces to offer an advanced customer risk
management solution in France and other international markets
Quadient (Euronext Paris: QDT), a leader in
helping businesses create meaningful customer connections through
digital and physical channels, and Coface, a globally renowned
trade credit insurer with over 75 years of experience, announce
their strategic partnership to offer an advanced risk management
solution. This new partnership will kick-off in France before
rapidly expanding to the UK and American markets.
Offered as an additional module for accounts
receivable (AR) management automation within Quadient's cloud
platform, the enriched data and insights provided by Coface will
enable companies to establish a much more precise financial
analysis of their customers, prospects and suppliers. The extremely
granular data provided takes into account changing market
conditions, company’s financial information, sector risk analysis
and Coface’s exclusive data insights. These valuable insights
provide real-time credit risk assessment, complementary to the
information of each direct relationship between a company and its
customers.
"This partnership with Coface aligns perfectly
with our strategy to provide cutting-edge solutions in customer
experience management and financial process automation," said
Stéphanie Auchabie, Chief Operating Officer Quadient
France-Benelux. "By partnering with a renowned expert like Coface,
we are offering our clients more resources to make more informed
decisions and manage their risk exposure more effectively."
Coface’s business information leverages over 75
years of expertise accumulated in credit risk assessment and as a
trade insurer. Through an extensive network of partners and over
700 in house experts, the company continuously enriches its
database to provide the most up to date insights and precise
financial risk assessments. The same insights support a risk
exposure of over 650€ billion globally. Coface’s leading position
and unparalleled credibility for risk management supports financial
teams in their day-to-day operations, whether for monitoring
existing commercial relationships, or entering in new partnerships
or keeping up due diligence on vendors.
For Quadient, this partnership enhances the
accuracy of credit analysis and the performance of businesses of
all sizes already familiar with Quadient’s AI-powered AR solution.
With Coface insights, the scoring function already present in
Quadient AR will also facilitate the creation of more effective
scenarios and workflows. For Coface, this strategic partnership
allows to reach a larger number of businesses so they can benefit
from the full breadth of its business information services.
Nesrin GONIN, Coface’s General Manager of
Business Information for Western Europe, also commented: « We are
delighted to collaborate with Quadient to offer a more
comprehensive and integrated customer and supplier risk management
solution. With our combined expertise, we are confident that we can
assist companies in enhancing their decision-making process and
sustainably strengthening their financial stability”.
About Quadient®Quadient is the
driving force behind the world’s most meaningful customer
experiences. By focusing on three key solution areas, Intelligent
Communication Automation, Parcel Locker Solutions and Mail-Related
Solutions, Quadient helps simplify the connection between people
and what matters. Quadient supports hundreds of thousands of
customers worldwide in their quest to create relevant, personalized
connections and achieve customer experience excellence. Quadient is
listed in compartment B of Euronext Paris (QDT) and is part of the
CAC® Mid & Small and EnterNext® Tech 40 indices. Quadient
shares are eligible for PEA-PME investment. For more information
about Quadient, visit www.quadient.com.
Contacts Joe Scolaro, Quadient
|
|
Sandy Armstrong, Sterling Kilgore |
Global Press Relations Manager |
|
Director of Media & Communications |
+1 203-301-3673 |
|
+1-630-699-8979 |
j.scolaro@quadient.com |
|
sarmstrong@sterlingkilgore.com |
About
CofaceWith over 75 years of experience and an
extensive international network, Coface is a leader in credit
insurance and risk management, recognized as a provider of
factoring, debt collection, Single Risk insurance, guarantees, and
business information solutions. Coface's experts operate at the
heart of the global economy, assisting around 50,000 clients in 100
countries to build successful, dynamic, and growing businesses.
Coface advises these companies to make informed business decisions.
The Group's solutions enhance their ability to sell by providing
reliable information about their partners and protecting them
against the risks of unpaid debts in their domestic and export
markets. In 2022, Coface employed around 4,720 people and achieved
a revenue of €1.81 billion.
ContactsCoface
Adrien Billet adrien.billet@coface.com
Rumeur Publiquecoface@rumeurpublique.frTaline
Sarkissian: +33 6 13 36 70 23Simon Lozach: +33 6 32 26 41 56
- Quadient_Coface_Partnership AR_ENG_vdef
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