Company Monitoring And The Benefits Of Keeping A Beedy Eye On Your Customers, Competitors and Suppliers

This blog is written to give an insight into the whys and wherefours of monitoring your customers, competitors and suppliers financial information.

In the current financial climate it is wise to carry out the relevant credit checks and run credit reports to ascertain whether you are putting your own company at risk by dealing with potential new clients or suppliers.

However, it is just as important to monitor your new customers and suppliers once you have extended credit terms to them, a company that seems secure at first may indeed see changes to their own business which can directly affect your own.

Below are the reasons for change within companies which can directly affect you:-

Filing of Annual Accounts
Filing of Annual Return
County Court Judgment/ Derogatory Information
Change of Directors
Group Ownership/Shareholders

Company monitoring allows these changes to be sent automatically to you via email on a daily basis so therefore you will receive this information as soon as it is available through a live feed of information. You will be sure that the information sent will be backed up by filed information at Companies House, the registry trust or local gazette.

With this in mind this would mean that a company that has just had some derogatory information filed against them such as a CCJ, you would be in the best position to stop supplying and recover your outstanding monies, therefore negating finding out later on what has happened and potentially being at the bottom of a list of companies chasing their outstanding debts.

It is not always on the negative effect that the monitoring system can be used for, it may be a very helpful procedure when receiving filed accounts information, for instance if a company files a new annual accounts document and their company has grown their need for credit has potentially grown and you can benefit by looking to extend larger levels of credit should the company be worthy.

Credit reference agencies such as Creditserve allow customers to obtain access to monitoring facilities when a subscription is made to their online credit checking facility. These credit checking facilities are best used in an unlimited basis. Creditserve offer unlimited business credit reports on all UK and Irish limited and non limited companies, company monitoring, Companies House documents, director database, online international credit reports as well as consumer credit checking and AML (anti money laundering) checks.

Please feel free to visit www.creditserve.co.uk or follow on twitter @creditserve connect on LinkedIn Martin Brown or email martin@creditserve.co.uk

Creditserve Credit Checking Facility/Credit Management Offer For Online Business Information

MARCH MADNESS!!!

For One Month Only Creditserve Are Able To Offer Our UK & IRISH Unlimited Credit Checking Database For A Guaranteed Reduction In Annual Subscription of 50%! Yes, 50%!!!

Creditserve will give you unlimited access to business information which includes the following:-

ü Unlimited access to online credit reports on alllimited companies in both the UK and Ireland.

ü Unlimited access to individual directors reportson every director in both UK and Ireland.

ü Unlimited access to companies house imagedocuments.

ü Unlimited access to sole traders andpartnerships in UK.

ü  Unlimitedaccess to online monitoring of any UK & Irish limited companies.

However, this is not all... As well as access to our unlimited credit checking facilities you will also have access to our debt recovery department to assist you in recovering any outstanding monies on delinquent debtors on a 'no collection no commission basis'. 

ü Debt recovery on a ‘no collection no commissionbasis’

We can also give you access to business information in 18 Countries throughout Europe and inluding the USA. These reports are usually charged at £30 + VAT per report, however with this offer we can give you access to 10 online overseas reports for £200 + VAT... Please see below the countries you can obtain instant online information in:-

Belgium, Czech Rep, Denmark,Finland, France, Germany, Greece, Iceland, Italy, Lithuania, Malta,Netherlands, Norway, Poland, Slovakia, Spain, Sweden, Switzerland andUSA.  

Creditserve also provides access to consumer credit checking information, however you would require the correct data protection licence to obtain this type of information. Please see below the degree of information available within our consumer reports:-

CONFIRMATION OF NAME & ADDRESS,ELECTORAL ROLL CONFIRMATION, INSOLVENCY SEARCH, COUNTY COURT JUDGMENT SEARCH,ADDRESS LINKS, GEO-DEMOGRAPHIC PROFILE, CONSUMER SEARCH HISTORY, CREDIT SCORE.

If you would like any further information or would like to trial the system please do not hesitate in contacting me on 01992 414222 or email martin@creditserve.co.uk on LinkedIn Martin Brown or on Twitter @creditserve