Organization-Guide/Processes/03_Sales_Risk Control Matrix.md
2022-06-30 17:48:14 +02:00

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Sales Risk Control Matrix

No. R Category Risk Event L C O Mitigation Type Mitigation Strategy L* C* Changes Comments ES EY
1 Head of Sales / Head of Finance Operational Risk (Sales) Prices too low / discounts too large 1 5 Many times a day Preventing (System & Manual) Default prices and standard discounts are stored in the IT system responsible for the offer generation. Deviations require additional electronical approval in the system by the head of sales or head of finance. Without this electronic approval the offer cannot get created. 1 1 yes yes
2 Head of Sales Operational Risk (Sales) Default prices are too low / default discounts are too large 1 5 Many times a day Preventing (System & Manual) Changes to default prices and default discounts can only be entered into the IT system by the head of sales or head of finance. 1 1 yes yes
3 Head of Sales Operational Risk (Sales) Other aspects of the offer are invalid (i.e. wrong customer, bad credit score of customer, ...) 1 5 Many times a day Preventing (System) The offer is none-binding and only becomes binding with the order confirmation where additional checks are performed. 1 1 yes yes
4 Head of Sales Operational Risk (Sales) Invalid customer data 1 5 Preventing (System) Customer data gets compared with the information provided from credit rating agencies, company registration forms etc. 1 1 yes yes
5 Head of Sales Operational Risk (Sales) Customer default 1 5 Preventing (System) Only customers with a credit score of XXXX-Crefo / XXXX-Coface / XXXX-Schufa get approved during the order confirmation. 1 1 yes yes

2022-01-01 - Version 1.0