Account Monitoring Service helps you proactively monitor your business-to-business credit portfolio and view changes to your customers’ credit profiles. Now you can manage risk better, effectively allocate resources, improve cash flow and develop stronger customer relationships for greater profitability.
Manage your credit portfolios before they manage you. Establishing proven portfolio management practices is critical for every company, especially those that depend on more vulnerable small businesses, where financial resources often are limited.
Account Monitoring Service offers a comprehensive monitoring system to meet your needs for expanded triggering capabilities, enhanced filtering, greater flexibility, ease of use and more.
- Stay ahead of your customers
Receive alerts on significant changes in your customers’ profiles so you can immediately act to minimize losses or capitalize on new opportunities - Reduce delinquency and bad debt
Pro-actively manage your portfolio by detecting negative trends early so you can take action before a debt goes bad - Improve collection results
Prioritize activities to collect on the right accounts at the right time - Reduce labor costs and time spent managing customers
Improve the efficiency of your account management process with a highly efficient automated approach
A key to Account Monitoring Service is its comprehensive trigger set, which informs you of significant negative and positive events in your customers’ credit profiles. This allows you to indicate future risk and signal up-sell and cross-sell opportunities.
- Score changes
- Payment behavior changes
- Public record filings, including bankruptcy, liens and judgments
- Collection filings
- Changes in key payment ratios
- Delinquent accounts
- Inquiries
By utilizing the flexible filtering capabilities of Account Monitoring Service, credit managers can allocate critical resources more efficiently and eliminate all but the most predictive and actionable alerts. Daily alert delivery allows you to adjust quickly to change.
Please Note – This service is not included in subscription packages.
Request More Info
If you are not currently receiving Account Monitoring services, and would like to, call Client Service at 800.676.9705 or have one of our representatives contact you about a subscription.