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Danske Bank Partners with Axeptia Credit Intelligence to Offer Financial Overview and Advice to Companies
Danske Bank has partnered with Norway’s Axeptia Credit Intelligence to make the solution accessible to its business customers in Denmark, Sweden, and Finland, following a successful pilot trial in Norway. This partnership aims to help companies keep track of their customers’ debts and payment abilities during uncertain economic times.
The recent surge in bankruptcy numbers has increased the demand for financial insights and predictability among businesses. Danske Bank’s partnership with Axeptia Credit Intelligence offers companies a comprehensive overview of their customers’ challenges by consolidating relevant information in one place.
Customers can access the tool through an app or via Danske Bank’s financial platform for business customers, District. The program integrates data from the customer’s ERP system, credit information provider, and debt collection provider, presenting it in a user-friendly manner.
Axeptia Credit Intelligence CEO Per Nestor Warp emphasizes the importance of data-driven decisions and accurate information for companies. The system helps businesses focus on essential aspects and act intelligently to ensure faster payments from customers. The partnership between Danske Bank and Axeptia took over three years to develop, but it has paved the way for more customer-focused solutions through collaborations with external partners.
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