Why business credit reporting is so important. Most businesses extend credit to existing customers in order to retain them and to attract new clients, so credit plays an important part in any business. Business credit reporting is a system that collects debtor data and makes it available to businesses to enable informed decision making. In […]
read more »Why use a business credit checking company? Running a business takes time and money so why lose money due to bad business credit? If you invest in a credit checking company, they will save you both time and money. Read about the 5 benefits of why it’s good to use a business credit checking company. […]
read more »Need fast tips on how to improve your business credit score? Pay your bills on time and keep your personal finances in order. These are just some of the things that you should be doing to obtain straight A’s on your business credit score. Take a look at our top 5 tips for improving your […]
read more »By performing a credit check on your customers, you will get an insight into their financial situation and their past payment behaviors. By not doing research to know exactly who you are working with, you could fail to identify crucial information that could indicate late payment or worse – no payment at all. That’s why […]
read more »How do you establish business credit for the first time? Building good business credit creates an asset that you can use to acquire financing for your business based on its own creditworthiness instead of yours. This article examines the three main things that you should look at when establishing business credit and also how your […]
read more »Why is it Important to build business credit? A business should be a different entity separate from its owner. Even if you have excellent personal credit, taking a loan for your business in your name is not the best idea. This article examines 4 good reasons as to why it is important to build business […]
read more »In an exciting new innovation, CreditWorks has recently added Industry Classification coding into its CRISworks reporting. Now when you enquire about a company, you will be able to compare that company’s payment performance (DSO) against the average DSO for the industry the company is in. It is well known that certain industries take a little […]
read more »CRISworks at a Glance Cheat Sheet Update Many of you who use CRISworks regularly will have received and hopefully use our CRISworks at a Glance quick reference guide (or Cheat Sheet as we call it). Due to the many CRISworks enhancements and appearance changes that we have made recently, we have updated CRISworks at a Glance. Should you […]
read more »In the last few weeks we have seen several Company failures in the building industry – two of which were representatives of the competitive franchise market. A1 Homes in Hawkes Bay and Taupo went into liquidation, along with the (ex) Landmark Homes franchise, Debec Building Solutions Ltd (who exited the franchise in December only.) While […]
read more »The PPSR can be a real minefield if not administered properly and maintained accurately. So, it is important to be dealing with credit wise people who can advise and manage the on-going monitoring and maintenance required, and provide assistance with queries or claims if necessary. While you may be able to get registration services at […]
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