Business Case: Adopting a Trade-Credit Customer Onboarding Platform

Executive Summary  Our company is in a highly competitive market, and we need to streamline our customer onboarding process to remain competitive. We propose adopting a Trade-Credit Customer Onboarding Platform to meet this need. This platform will automate and digitise our onboarding processes, reducing manual effort, streamlining workflows, and improving the customer experience. It will… 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

Making PPSRs a headache-free zone 

The Personal Property Securities Register, most commonly known as the PPSR, is an official government register. If you’re a 1Centre customer and you trade across NZ & AU requiring PPSRs across both countries, this can be very easily set up, managed and maintained on your 1Centre account.  Including an aggregated view of all PPSRs across your business in both countries! 

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

SaaS automation applied to identity fraud in trade credit

Part 3 of 3-part series. 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 of digital… Continue reading SaaS automation applied to identity fraud in trade credit

Trade credit & COVID-19: The early bird catches the worm

“The early bird catches the worm”. That’s the key principle when it comes to managing your debtors, and especially now. Being the Early Bird in trade credit is about being proactive, engaging customers quickly, understanding their positions and risks, offering options. It also means making difficult decisions, balancing recovery against customer relationships. At 1Centre, we’d like… Continue reading Trade credit & COVID-19: The early bird catches the worm

Trade Credit: How to get paid what you are owed

As a business, if you’re extending credit to your customers, then you’re operating based on the trust that they’ll pay you in due course. Unfortunately, some companies won’t be able to meet their duties and will default on their payments. The success of your business relies on you eliminating as many of these potential defaulting… Continue reading Trade Credit: How to get paid what you are owed