CreditorWatch
Australian financial services compnay.
What is a credit report?
“A credit report is a detailed record of a business or individual’s credit history, which includes information about their credit accounts, credit inquiries, and payment history. This report is compiled by credit reporting agencies, such as CreditorWatch, based on the data provided by lenders, credit card companies, and other creditors.”
View in the company profileWhen should I check a credit report?
“Before doing business with a new customer, you should check their credit report to help you determine their credit limit, maximum invoice amount, and whether you require payment upfront from them in order to minimise your risk and ensure you’ll be paid.”
View in the company profileWhat does "customers monitored" mean?
“When you add customers to your watch list, CreditorWatch will monitor the financial health of those customers 24/7 for any changes that might impact your business, such as late payments to other suppliers or going into administration. You will receive a real-time alert via email when these changes occur.”
View in the company profileWhat customers should I monitor?
“Changes can occur to any business, so monitoring customers that you regularly invoice will allow you to update your payment terms for any particular customer as their risk level changes.”
View in the company profile