Asseco Solutions receives “CrefoZert” credit rating certificate in the highest main balance sheet rating class

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Karlsruhe, 18.01.2024 – The year 2023 was characterized by contradictions that could hardly have been greater: The effects of the national and international coronavirus crisis were offset by technological breakthroughs, particularly in the field of generative artificial intelligence. Against this backdrop, the management challenges are enormous: on the one hand, company management must navigate their ship safely through stormy seas, while on the other, they must consistently tap into and exploit the potential of innovations for growth and profit at an early stage. Asseco Solutions AG has succeeded in doing both in exemplary fashion and this is reflected in the result of the balance sheet audit by the credit agency Creditreform: for the third time in a row, the ERP specialist from Karlsruhe has been awarded the prestigious “CrefoZert” credit rating certificate in the highest main balance sheet rating class. The seal of approval, which is valid until the end of 2024, certifies that the company has a “very good to good” balance sheet credit rating based on the 2022 annual financial statements and therefore a “very low” risk of insolvency.

“The best way to counter economic risks and crises is to invest in innovation. The year just ended brought a breakthrough in this respect. The possibilities of generative artificial intelligence seem inexhaustible and have the potential to enable companies to make real leaps in terms of productivity, efficiency and flexibility,” explains Sascha Wellershoff, Chief Financial Officer of Asseco Solutions.

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As a successful ERP provider, his company sees itself as having a particular duty here: the ICT sector has finally developed into a central equipment industry and ERP is at the heart of every company’s IT. With its APplus 8 product generation presented in fall 2023, Asseco Solutions is setting standards for greater efficiency, flexibility and productivity. Wellershoff emphasizes: “We have played a leading role in ERP and AI innovations for years and accompany our above-average investments in development with financial management that is both prudent and forward-looking. Against this backdrop, the renewed award of the CrefoZert credit rating certificate in the highest main balance sheet rating class shows that our customers have a financially extremely solid and at the same time highly innovative partner at their side.”

Multi-stage inspection procedure Creditreform certification, which was established in 2009, is awarded on the basis of a multi-stage inspection. 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 in an analytical discussion with the management and then assessed. 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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