CFO’s: What’s the difference between trade-credit and extended payment terms?

You know, there’s a common myth floating around that trade credit is just about pushing back payment dates. But really, it’s so much more than that. Think of it like building a bridge between suppliers and their customers, where everyone gets to cross with ease. It’s not just about delaying payments. It’s about creating a… Continue reading CFO’s: What’s the difference between trade-credit and extended payment terms?

Beyond Insurance: The Case for Trade Credit Assurance

Trade credit is a pivotal component of business relationships, allowing borrowers to manage cash flow and customer lenders to strengthen partnerships. However, a quick search on trade credit often leads us to a plethora of information about trade credit insurance. This is a product designed to protect sellers from the risk of non-payment by their… Continue reading Beyond Insurance: The Case for Trade Credit Assurance

Generative vs. General AI in Credit Management

Deciphering the Artificial Intelligence (AI) Debate By Miriana Lowrie MICM Artificial Intelligence (AI) has emerged as a cornerstone of innovation, reshaping the dynamics of multiple industries. Amara’s Law, put forward by the renowned technologist Roy Amara offers an insightful lens through which we can analyse the evolution and acceptance of emerging technologies. This principle argues… Continue reading Generative vs. General AI in Credit Management

1Centre announced as a finalist for the NZ International Business Awards 2023!

Nomination Spotlights 1Centre’s Dedication to Excellence in Export and Strong Māori Roots The New Zealand International Business Awards (NZIBA) celebrates businesses that display exceptional export performance and innovative strategies. The NZIBA have been held for over 50 years. Winners include New Zealand’s most dynamic businesses and exciting leaders. New Zealand Trade and Enterprise – Te… Continue reading 1Centre announced as a finalist for the NZ International Business Awards 2023!

Credit Assessment Has Been Same…

Same For decades – It’s Time For Connectivity! The financial world has for decades relied on the traditional 5 C’s of Credit to evaluate the creditworthiness of potential borrowers. This framework has indeed served its purpose, forming the basis for countless loan approvals and denials, shaping the financial futures of individuals and businesses alike. As… Continue reading Credit Assessment Has Been Same…

Data Zoo Announces Partnership With Trade-Credit Platform 1Centre

1Centre customers can now leverage Data Zoo’s global identity verification solutions to deliver exceptional trade-customer onboarding experiences. Leading global identity solution provider Data Zoo and trade credit customer onboarding platform 1Centre have announced a partnership. This partnership will combine 1Centre’s innovative cloud-based automation technology with Data Zoo’s cutting-edge global identity verification solutions. The partnership aims… Continue reading Data Zoo Announces Partnership With Trade-Credit Platform 1Centre

Improving the Economy is a Team Sport: Why Supporting Small Businesses is a Prosocial Movement

The success of any team or organisation depends on its culture and collective beliefs. The same is true for the economy. To create a thriving, prosperous economy, we need to work together and support one another, particularly small businesses. Supporting small businesses is not just good for the individual business owner or their customers; it’s… Continue reading Improving the Economy is a Team Sport: Why Supporting Small Businesses is a Prosocial Movement

Business Case: Adopting a Trade-Credit Customer Onboarding Platform

We’re offering you a free business plan that outlines your proposal to adopt a Trade-Credit Customer Onboarding Platform. By using this template, you will save time in writing your own business plan and have a great starting point for internal conversations, initial needs and requirement gathering, and stakeholder engagement. Enjoy! BUSINESS PLAN Executive Summary  Our… Continue reading Business Case: Adopting a Trade-Credit Customer Onboarding Platform

The age of ‘Digital Self-Serve’ enables trade credit sales channels

Open sales channels

Your customer’s decisions – what products to buy, services to use or providers to engage with – are heavily influenced by the ratio of pleasure versus pain in their user experience.As technology advances, companies have increasingly turned to multichannel strategies to reach potential customers, who can also be credit borrowers. But, in trying to reach… Continue reading The age of ‘Digital Self-Serve’ enables trade credit sales channels

How AI and automation is solving Credit Management headaches

Part 1 of 3-part series. Next article > The pace of technology development has a profound impact on most industries and our everyday lives. The world of trade credit management is no exception. From fraud assessment checks to business process automation, building scale through the cloud, to leading the charge on data-led decision making, the power… Continue reading How AI and automation is solving Credit Management headaches