"There are many other parameters beyond financial figures that are relevant when assessing risk."
Trine Baunsgaard
Head of Finance
Who is Carl Ras?
Carl Ras is a Danish family-owned company that sells tools, fittings, and workwear to professional tradespeople. Founded in 1932, Carl Ras now operates 22 wholesale centres, an e-shop, and apps for smartphones and iPads.
Carl Ras is part of the Carl Ras Group, which includes Engros Beslag, 3Aktive, Jydsk Værktøj, and Nordjydsk Værktøjssalg. These are all specialists who ensure customers get exactly what they need, delivering services that help them efficiently complete tasks and grow their businesses.
Which challenges did Carl Ras face?
Proactive decision-makingAssessing customers' credit risk against potential revenue is essential. Carl Ras needed a tool to provide an overview of their customers' current financial situation and general challenges to make informed decisions proactively.
Comprehensive credit overviewIn an industry where extending credit to customers is critical, it can be overwhelming to go beyond simply understanding credit limits and payment terms. Fraud detection and monitoring are crucial.
"We chose Risika as our platform because it provides us with a clear and intuitive overview for everyday use."
Trine Baunsgaard
Head of Finance
How does Risika help solve the problem?
Carl Ras needed a clear and intuitive tool that consolidated all financial and general information in one place. Risika Platform was the obvious choice. After a straightforward onboarding process, Carl Ras began using the solution.
With the platform, Carl Ras could estimate customers’ credit limits and payment terms. Additionally, customer monitoring helps assess risks based on a comprehensive credit review.
The result
Proactive risk managementUsing the monitoring function, Carl Ras can now make proactive decisions based on customers’ situations.
Credit for the right customersCarl Ras can now quickly and clearly understand their customers' credit limits and payment terms, essential for daily operations.
Get started today for free
Try out all the benefits of Risika.
You won’t regret it!