The Future of Credit Management

As we look into the future, I asked Thomas Lundström, Founder of CapAid, for his predictions on how credit management will evolve over the next few years.

Looking ahead, how do you see credit management evolving in the next 3-5 years?

“ I believe that in the next few years, we will see a clear divide between companies that continue to use outdated processes and those that embrace new technologies. Companies that adopt tools like ACE will be able to manage credit much more efficiently and with better net effect. This is particularly important for growing companies that need to stay lean on working capital to enable growth. 

Without a solid credit management process, these companies might create a bottle neck for growth. The future of credit management will be characterized by increased automation, real-time data analysis, and the integration of credit management with other financial processes. ”

Our service ACE - Advanced Credit Evaluation, is built to reduce your delivery-to-payment time, credit losses and labour in credit processes. It is the perfect solution for SMEs due to its low running costs.

Want to see how ACE can benefit your business?

Thomas Lundström
Founder & Chair of the Board, CapAid

Thomas is the founder and driving force behind CapAid. He holds a Master's degree in Economics from Hanken School of Economics in Helsinki and is passionate about value creation and helping others succeed.

He has over 30 years of experience in financial consulting, including areas such as working capital management, corporate financial risk management, and financial steering.