Commercial Intelligence

Credit History

Your business could be at risk if you haven't checked out a customers credit history. A quick credit check on a business or an individual could save your business from losing hundreds or even thousands of dollars in bad debt.

A credit check can give you information on a customer's credit history and might signal alarm bells if a customer is defaulting on credit elsewhere or may be at risk of becoming insolvent.

Commercial Monitor Alert

Alerts will help you to track your customers' credit activities. This service lets you monitor and proactively manage  changes in your customer's credit status, rather than reacting to them when it may be too late.

In today's tightening economic climate, it's critical you retain your most profitable portfolio - the cost and time involved is substantially less than trying to acquire a new, profitable customer base.

Business Risk Investigation

For two decades finance companies, accounting and legal firms, manufacturers, wholesalers, distributors and government departments within New Zealand and overseas have relied on investigative commercial reports. 

These reports will continue to provide vital information to facilitate high quality business decision making.

Commercial Positive Trade Bureau

Veda has developed our Commercial Positive Trade Bureau to receive and report on aged debtors' data for organisations that our clients supply products and services to. Now the largest consumer bureau in the country has a commercial bureau that can hold positive trade data. New fields have been formatted so that trade data can be summarised, consolidated and analysed together with credit exposure to the industry vertical the debtor trades in.

Commercial Default Loading

Commercial and Consumer Default Load service is designed to enhance a subscriber's debt collection process. The default is then reported on a credit check making all enquirers aware that the subject has an outstanding debt and encourages the subject to make a payment to obtain any further credit. There is no cost to load a default.