CreditorWatch
Integrate Rapid workforce management software with credit management solution CreditorWatch.
About CreditorWatch
CreditorWatch was founded in 2010 to empower Australian businesses to trade more confidently with their customers. Today, they’re Australia’s most preferred commercial credit agency, setting themselves apart by providing unique data not accessible anywhere else, and solutions covering the entire customer lifecycle, from customer onboarding and credit decision automation to credit risk management and automated collections.
Our integration
CreditorWatch compiles financial risk information into its reports from an extensive list of public and private data sources, including ATO tax default data, ASIC, court data, and their own comprehensive databases. Their models are designed with a balanced mix of dynamic (behavioural) and structural (demographic) factors, providing a wholistic assessment of creditworthiness.
From the Rapid Contractor Management product, administrators can easily review the credit score of contracting companies and suppliers. For more detailed financial risk information, approved administrators can download CreditorWatch’s full report. This easy access to the credit risk level enables more informed decisions about who to do business with.
System Requirements
- CreditorWatch
- Rapid Contractor Management
Integration Type
- Native
Key Features
- Easy review of credit score
- Access unique data
- Detailed financial risk information available
Benefits
- Enhanced efficiency
- Access a wholistic assessment of creditworthiness
- Mitigate operational and financial risks
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