CRMS FP 07: 2015 certification: the first reference scheme for the management of commercial credit and for the protection of the risk of insolvency

The CRMS FP 07: 2015 - Credit Risk Management Systems - Scheme is the first Scheme in the world of reference for the management of Commercial Credit and for the protection of the risk of insolvency. The objective of the CRMS FP 07: 2015 scheme, approved by Accredia pursuant to the document applied at European level EA- / 22 A-AB: 2015, is to provide a guide to define a Credit Management system that is adequate and able to respond to the expectations of interested parties. The organizational model suggested by the CRMS FP 07: 2015 Scheme is inspired by the ISO 9001: 2015 standard and was designed and drafted to facilitate compatibility and integration with the most recent Management Systems, whose salient features are:

  • High Level Structure
  • Process approach and PDCA model
  • Analysis of the context and expectations of the interested parties
  • Risk Management / Risk Based Thinking.

The advantages of the CRMS FP 07: 2015 certification

The certification service against ISO 22301 consists in verifying the adequacy of the Management System with particular reference to the following elements: methods of identifying the phenomena that may affect the business, analysis of the consequent risks in the assessment of the relative impacts, definition systems for monitoring and managing activities, development of plans and programs aimed at minimizing impacts, development of procedures aimed at managing emergency situations. The certification of the business continuity management system allows to:

  • Improvement of working capital management and commercial credit to customers
  • Continuous monitoring of the reliability of the customer portfolio
  • Evaluation of the purchasing potential of each customer
  • Dissemination within the Company of the Culture of the management of Commercial Credit
  • Improvement of communication between Commercial / Administrative, Accounting, Logistics and Assistance functions Better management results with the reduction of unpaid and losses on trade receivables
  • Greater liquidity and less need for external credit support
  • Improvement of own rating and continuous monitoring
  • Moralization of the reference market
  • Facilitated relationships with credit institutions, factoring, credit insurance, investors, ...

Why get certified with Cm Group

The certification of management systems acquires on the market the more value the more authoritative the body that issued it is. Cm Group represents the most important Italian reality in the field of conformity assessment and, in the field of management systems certification, it is among the first bodies in terms of the number of certificates issued. Its auditors are present throughout the national territory; they boast experience, competence, updating and contribute to offering a useful service not only to organizations, but also to the users of the latter's commitment: customers, consumers, all interested parties.