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…
Category: Trade Credit Automation
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
Managing Risks in Hiring Equipment While Giving Trade Credit to Small Business Owners
For businesses that hire equipment out to small business owners, extending trade credit can be an effective way to increase sales and build customer loyalty. However, it also comes with inherent risks that must be managed to ensure safe revenues. The risks of giving trade credit include late payments, defaults, and even fraud. The good… Continue reading Managing Risks in Hiring Equipment While Giving Trade Credit to Small Business Owners
The ultimate sales combination: Automations, with a human touch
When it comes to sales, conversions are everything. If you’re not converting your trade prospects into sales, you are missing out on revenue that your competitors may be grabbing. And when it comes to trade-credit applications adequately identifying, evaluating, and engaging with potential customers increases conversions exponentially. While the human touch can help along the… Continue reading The ultimate sales combination: Automations, with a human touch
Using API’s to “say hello 👋” to an integrated innovative world
Imagine every step of your credit management process.
Draw a visual representation in your head. Include all stakeholders involved, all staff, all customers. Now imagine that all being 90% faster, easier and more compliant – congratulations, you have imagined automation!
What do Netflix, Spotify, Salesforce, DocuSign and 1Centre all have in common?
Imagine every step of your credit management process.
Draw a visual representation in your head. Include all stakeholders involved, all staff, all customers. Now imagine that all being 90% faster, easier and more compliant – congratulations, you have imagined automation!
Five big benefits for automating your trade-credit processes.
Imagine every step of your credit management process.
Draw a visual representation in your head. Include all stakeholders involved, all staff, all customers. Now imagine that all being 90% faster, easier and more compliant – congratulations, you have imagined automation!
Say ‘yeah’ to using technology for trade-credit compliance
As a Credit Manager, trade-credit compliance is a key part of your role. You must ensure that your team and processes comply with all relevant laws and regulations. This can be a lot of work, but it’s essential to protecting your business. While compliance is a critical part of any credit management function, keeping up… Continue reading Say ‘yeah’ to using technology for trade-credit compliance
5 factors to look for in your trade-credit software
We’ve had hundreds if not thousands of conversations with Credit Managers and when it comes to trade-credit software, it seems there’s a focus on the same basic things: Online application forms, credit checks, trade reference checks, yadda yadda. This is a ‘table stakes’ conversation – the basics that any trade-credit software should offer, given it’s… Continue reading 5 factors to look for in your trade-credit software
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
Three Big Conundrums for Today’s Credit Managers
Part 2 of 3-part series. Next article > Problem 1. Onboarding customers faster, with more visibility while simplifying the complex. Streamlining existing customer onboarding processes requires an understanding of the full end to end process, from ‘I want to trade with you, how do I sign up?’ through to ‘My account is open, now what?’. You’re… Continue reading Three Big Conundrums for Today’s Credit Managers
The importance of visibility in your sales pipeline
When we talk about visibility in your sales pipeline, we mean the ability to dive in at any point along the process and see what’s going on. It’s like driving a car at night – you’ve got to put your headlights on, otherwise, you could be heading right toward a cliff and not even realise… Continue reading The importance of visibility in your sales pipeline