Business Credit Risk Monitoring
Your business survives on cash flow. Protecting that cash flow is critical to running a profitable business.
Business Credit Risk Monitoring adds another layer of protection to your business cash flow.
Although you can and should run business credit checks when a new client comes on board, that doesn’t protect you in the future. Your customer’s credit risk constantly changes based on a variety of factors. Some events are early warning signs of an increase in credit risk, and therefore a risk to your business.
With Sentinel Monitor, we keep a close eye on changes to your clients situation that could affect their ability to meet their payment obligations. This affordable monitoring service gives you a degree of peace of mind that can forewarn you of potential problem debtors.
We’ll alert you on a variety of events, including but not limited to:
- reports of late payments to other creditors on our books
- significant changes in company structure
- press releases that could impact a debtor’s creditworthiness
- judgements and other legal events published in gazettes
- IRD or Company Office gazette updates
Is your cash flow worth the risk of not knowing what is going on with your client’s businesses?
At just $25 plus GST per month per debtor, this is an affordable service that could save you a great deal of risk.
Click “buy now” to proceed to purchase a monitor. Once processed an account manager will be in touch to create the monitors you require.
Note: this purchase is a recuring monthly fee, you will be billed monthly until you cancel the monitor via your account manager. If you would prefer to be invoiced through other means, feel free to contact us.