Trade Credit Express
Compare Trade Credit Express
How much are you spending currently managing your in-house trade credit program?
A/R Functions Required of a Seller | Trade Credit Express |
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Obtain initial credit information on Buyer | Obtain Buyer credit information including foreign or international customers |
Analyze credit information / make decisions | Analyze credit data and make decisions |
Ongoing monitoring of Buyer's credit | Monitor buyer's credit status during the relationship |
Deliver goods & services | |
Send invoice to Buyer | |
Track A/R | Track A/R |
Perform collections | Perform collections |
Receive payments/ make deposits | Process payments through lockbox |
Match payments | Match payments to invoices and reconcile |
Resolve disputes with Buyer | |
Have credit risk on Buyer | Provide credit assurances on Buyer |
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Services Provided:
- Outsourcing of trade credit, including credit approval and monitoring; payment protection (non-recourse) on approved customers; accounting; payment matching; collections; reconciliation; lock-box; and reporting.
- 7x24 website access for transaction processing and all reporting
- Training and orientation for management and staff
- Unlimited ongoing support
If you have any questions about outsourcing your trade credit administration and financing, please contact Ty Hardison for personal assistance!