Automated credit risk checks for new clients

Purpose

1.1. Assess new client creditworthiness automatically based on financial data, public records, and external reports for risk mitigation and compliance.
1.2. Minimize manual errors, speed up client onboarding, and ensure adherence to internal risk management policies and regulatory guidelines.
1.3. Gather, analyze, and cross-reference information from multiple sources, including credit bureaus, government registries, internal ERP, and watchlists.

Trigger Conditions

2.1. New account creation in CRM, ERP, e-commerce, or supplier onboarding portal.
2.2. Submission of a client application form or event detection in a B2B marketplace integration.
2.3. Entry of a company profile via web form or API endpoint.

Platform Variants

3.1. Salesforce
• Object Trigger: Workflow Rule on new Account; Action: Outbound Message/API call
3.2. Microsoft Dynamics 365
• Power Automate Trigger: “When a record is created” (Accounts); Action: HTTP request
3.3. HubSpot
• Workflow: Trigger on new company; Custom Code Action: Invoke external credit API
3.4. Zoho CRM
• Automation Rule: “On record creation” (Leads/Accounts); Webhook to verification service
3.5. SAP S/4HANA
• Event: Business Partner onboarding; Function Module: BAPI to send request
3.6. QuickBooks Online
• Webhook: Customer Created; Third-party function: Risk check API
3.7. NetSuite
• SuiteScript User Event: After Submit (Customer); Outbound HTTP call
3.8. Xero
• Event Notification: New contact; Trigger: External workflow via API
3.9. Experian
• API: Credit Report—“GET /business/credit/v1/report”; Parameters: Company details
3.10. Dun & Bradstreet
• D&B Direct+ API: “GET DataBlocks”; Endpoint: Retrieve risk summary
3.11. Creditsafe
• REST API: "GET /company/{country}/{companyId}"; Fetch: credit score
3.12. Equifax
• API: “GET CommercialCreditScore”; Input: business identity details
3.13. LexisNexis
• Risk Solutions API: “POST /business-screen”; Input: Org profile
3.14. Clearbit
• API: “Company Enrichment”; Fetch: financial signals for new domain
3.15. Plaid
• Auth API: Link business banking; “GET /credit/scores” for analysis
3.16. Google Sheets
• Apps Script Trigger: On form submit; Function: HTTP POST to risk-check endpoint
3.17. Slack
• Workflow Builder: New client channel message triggers API check via Webhook
3.18. Zapier
• Zap: Trigger—new CRM entry; Action: Call credit check API; Filter for response
3.19. AWS Lambda
• Trigger: API Gateway Webhook; Function: Orchestrate third-party API requests
3.20. Azure Logic Apps
• Action: HTTP Webhook on new data; Condition: Invoke credit service
3.21. Jira Service Management
• Automation: On Issue Created (new client request); Webhook: Risk check call
3.22. Monday.com
• Automation: New item; Integration: Call external verification API

Benefits

4.1. Reduces manual effort and subjective assessments with data-driven risk scoring.
4.2. Accelerates onboarding, supporting faster sales and procurement cycles.
4.3. Enables real-time compliance monitoring and audit trail creation.
4.4. Flags at-risk clients early, helping prevent financial loss.
4.5. Integrates seamlessly with financial and operational systems for holistic client evaluation.