Account Monitoring Service
As a contributor of accounts receivable information to Experian's database, be the first to know which customers are headed for troubled times. Account Monitoring Service gives you that advantage by alerting you with new relevant information based on criteria that you can pre-set. When any of your customers falter to the point of triggering your criteria, Experian will send you a warning message via email or online so you can take prompt action. Now you can gain control of your accounts proactively based on factual information to realign credit limits, modify credit terms, or pursue more aggressive collection efforts … before it's too late.
Account Monitoring Service is easy to use, and alerts you to:
- Significant changes in your customers' payment patterns with other vendors.
- Daily updates of critical derogatory changes such as new activity from collection agencies, and other vendors who report data to Experian.
- Bankruptcy filings, Tax liens and Court judgments – all of which are sent to you from Experian as express alerts to your email address.
Supporting Material:
BusinessIQ Credit Analysis video - https://youtu.be/sVD5KHHVK6w
BusinessIQ Alerts video - https://youtu.be/g7j451QCpV4