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How Healix intel helped a global firm protect payments worldwide

Background

A global specialty manufacturer working in more than 80 markets needed a more predictive way to stop sovereign risk turning into receivables risk. A past crisis in Venezuela had delayed payments and shown how even strong customers can be unable to pay when currency controls tighten. As a result, the company leveraged intelligence from our Sentinel Risk Management Platform to monitor political and operational pressures and detect early signs that sovereign risk might affect customer payment capability.

Challenge

Sri Lanka’s escalating instability raised urgent concerns about USD payments from customers

In early 2021, Sri Lanka’s political and operational environment was weakening. The company needed to know if its reliable customers could still pay in USD if currency controls tightened. Warning signs included rising instability, foreign currency shortages and concerns about the reliability of Sri Lankan banks. These pressures created the risk that a wider country crisis could prevent customers from paying, turning a sovereign issue into a receivables problem.

Approach

Sentinel insight helped leaders act early and secure safer payment routes

With no staff or office in Sri Lanka, the company relied on Sentinel as its main source of real‑time insight. Analysts[SD1]  monitored country profiles, developments, risk indicators, trend data, spider visuals and APAC forecasts, combining these with third‑party data, insurer ratings and internal scoring tools. They delivered clear briefings for senior leaders, adapted insights for sales teams and clients and ensured that they had safer payment routes secured. 

Outcome

Proactive steps protected receivables and shaped a stronger global risk model

When USD restrictions tightened, the company faced no material exposure because customers had already shifted to safe payment mechanisms, allowing business to continue without risking receivables. By 2024, Sentinel indicators showed conditions stabilising, enabling the company to reopen to new customers with structured USD settlement and updated controls. The success in Sri Lanka then shaped a combined country‑plus‑entity risk model used across the global portfolio during later geopolitical shocks.

Healix intel proactively helped us

Healix Sentinel intelligence helped us translate deteriorating country conditions into clear, defensible business actions. We could brief senior leadership quickly, adjust payment terms early, and protect receivables before restrictions hit.
Drew Franklin Director of Credit and Risk Management

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