At the end of last year OnGuard and Credit Tools, two leading credit management software suppliers, announced that they were merging.
The company that has resulted from this merger is called Onguard, a pioneering FinTech company which acts as a strategic partner for clients throughout the entire order to cash process. With a fresh focus on innovation, Onguard is ready to make big steps in achieving worldwide ambitions.
Following the merger, which has laid a foundation for this innovative business, the inception of Onguard is a logical step. In addition to a cosmetic change, the newly created FinTech company will create a software platform in which customers can resolve all issues which arise within the order to cash chain. The company is building an open platform together with its partners and provides easy-to-integrate applications, both on-site and in the cloud.
Bert van der Zwan, CEO of Onguard, is proud of the new company: “Our mission is to embrace the digital transformation and constantly focus on innovation and improving the quality of our products. We are seeing that our customers increasingly need a complete solution for the order to cash process. That’s why our new tagline is ‘Redefining order to cash’. Because we have combined the strengths of both companies in the merger, we are able to expand the functions of the existing software. This allows us to support our clients throughout the order to cash chain - from determining the risk profile, the orders, delivery, the pricing and the billing through to credit management. We thereby help our clients to make themselves futureproof.”
In addition to adoption support, Onguard also provides supplementary services and technologies from partners aimed at the order to cash chain. These technologies work together seamlessly on the open platform, resulting in financially healthy clients. “We like to work with consultants and other software and technology businesses that share our goal,” says Van der Zwan, “which is to ensure that companies get their invoices paid more quickly and at the same time build and maintain good customer relationships.”
Wishes come true
Onguard’s greatest wish - to become a true FinTech company - is now coming true. It wants the same for its clients and other associates. “Our wish has come true, now we like to do the same for other people. All our clients, associates and partners recently received an invitation to send us their long-cherished wish. They can do this by throwing a coin in our digital or physical wishing well at Credit Expo on 2 November. All the wishes will be collected, and we’ll ensure that the most unique and finest wish really does come true,” explains Van der Zwan with a smile.