Sentinel Monitor
Sentinel Monitor – Business Credit Risk Monitoring
Your business survives on cash flow. Protecting that cash flow is critical to running a profitable business. That’s where credit risk monitoring with Sentinel Monitor comes in.
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 in your client’s 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, resulting in debt collection action
· significant changes in company structure
· press releases that could impact a debtor’s creditworthiness
· judgements and other legal events published in various gazettes
· IRD or Company Office gazette updates
Do you need Sentinel Monitor Credit Risk Monitoring?
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 client/customer, this is an affordable service that could save you a great deal of risk.
Click PayPal Subscribe button to proceed to purchase a monitor. Once processed, an we’ll be in touch within two business daysto configure the monitors you require.
Note: this purchase is a recurring 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.
Common Questions About Sentinel Monitor
We get it, you’ve probably got a few questions. Here are some of the most common ones we hear about our Sentinel Credit – Credit Risk Monitoring service.
Can you monitor individuals?
Yes. If the individual is a regular client or customer you provide credit to, we can monitor them, even if the relationship is a business to consumer one.
Do you guarantee results?
Due to the volatile nature of businesses, particularly small businesses, Sentinel Monitor credit risk monitoring is undertaken as “best effort”. Sometimes, the information needed is not made available promptly, so there can be a delay with our alerts.
Do you monitor the directors of a company as well?
Not directly. We monitor company structures and any significant leadership changes that could result in a change of risk profile. However, if required, we can monitor key people in a company, e.g. managing directors. This would be an additional monitor that would be charged for,
Isn't this just another name for a credit check?
No, not at all. A credit risk is a snapshot in time, and relies of the amount of debt and whether there have been defaults. Plus a few other things.
Sentinel Monitor is more holistic, and looks for ongoing patters or changes that won’t be picked up in a normal credit check.
Have more questions?
We are regularly updated our frequently asked questions. You can find the full list here.