“Crefozert” credit rating certificate for Asseco Solutions extended again

Skills shortages, geopolitical conflicts, supply chain chaos – the pressure on companies is growing. In order to cope with current developments and remain fit for the future, many companies have a strong desire for sustainable digitalization initiatives and opportunities to increase efficiency – including through state-of-the-art technologies such as AI. ERP providers are therefore required to meet these demands through continuous innovation. A task that can hardly be accomplished without a solid financial basis.

Karlsruhe-based Asseco Solutions has the best prerequisites in this area: Last year, the credit reference agency Creditreform once again subjected the ERP specialist to an audit to award it the renowned “CrefoZert” credit rating certificate. Asseco met all the relevant criteria and is now delighted to have received the independent certification for the eighth time in a row. The seal of approval, which is valid until the end of 2023, certifies that the company has a “good” balance sheet credit rating based on its most recent annual financial statements and therefore a “very low to low” risk of insolvency.

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“Innovation needs stability – I am deeply convinced of that. If you want to grow and develop constantly, you need a solid, reliable ecosystem that can withstand external shocks,” says Sascha Wellershoff, Chief Financial Officer of Asseco Solutions. “To remain successful even in volatile and challenging times like these, customers need a reliable partner at their side that is characterized by continuity and consistency. Asseco Solutions is exactly that: this latest – and therefore eighth – renewal of the CrefoZert is wonderful proof of the solid basis on which our customers can always rely.”

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Multi-stage test procedure

The Creditreform certification, which was established in 2009, is awarded on the basis of a multi-stage audit. The creditworthiness index plays a central role here. It indicates how certain it is that payment obligations will be met on time and in full. In addition, the experts analyze the balance sheet creditworthiness by checking the current annual financial statements for completeness and results.

Finally, future prospects are also included in the certification process. These are determined as part of an analytical discussion with the management and then evaluated. Only companies that fully meet all three assessment criteria are awarded the “CrefoZert”. Due to these strict requirements, only around two percent of German companies pass the assessment procedure.

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