Veda Commercial Credit Analysis
This service alerts you when your customers' files change. Such changes may indicate that they are having financial difficulties.
Early warning of companies in financial trouble
Alert 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.
How does it work?
You can monitor your portfolio according to your needs. You can choose to receive alerts for:
- Your entire customer base, or
- Specific customer segments
Types of alerts
You can also specify which types of alerts you want to receive:
- Companies Office Change of Address
- Companies Office Charges filed or amended
- Companies Office Change of Directors
- Companies Office Finance Statements or Prospectus filed
- Companies Office Notice of receivership or Liquidation
- Credit Inquiries or Credit Inquiries Industry Specific - advises you when any third party from a specified industry performs an enquiry on your customer
- Adverse Data (including Defaults and Judgments)
- All Companies Office Changes - advises you of any changes to a Company's file held at the Companies Office
When the alerts begin
The Alert starts monitoring immediately after we load it into our system. You will begin receiving the alerts straight away.
How to receive alerts
You can choose to be alerted by:
- Fax
- Post
Format
You can choose what format you'd like for your alerts:
- Text (Word document)
- Bulk excel spreadsheet