Have you checked out CMA’s exclusive anscersX multi-bureau trade credit report that contains the key factors about your customers payment habits from the top three credit reporting bureaus?
The anscersX multi-bureau commercial credit report combines key elements of the data from the largest trade credit reporting agencies (D&B, Experian, Equifax, Ansonia plus CreditSafe International), giving credit managers the most complete payment story available. The report is affordably priced, which is based on the number of reporting agencies you request. Better yet, anscersX Reports are available on a transactional basis – no contracts, no minimums, no hassles!
For more information on the report, click here.
If one of your responsibilities is to vet your company’s vendors, CMA recommends that you participate in the upcoming Supplier Risk Credit Group on January 25.
The January meeting of this group will feature special guest speaker Ken Bonitz. Bonitz is the Supply Management Solutions Advisor with Dun & Bradstreet, and over the past 15 years his primary focus has been with Fortune 500 companies; he’s had great success in all industry verticals.
Ken Bonitz is a 35-year supply-chain professional who has more than 20 years’ experience in high tech, developing supply chain solutions that focus on operational efficiencies, cost savings, profitability, risk and product support. He also has 15 years supply chain consulting experience, helping customers identify supply chain financial risk, operational risk, country risk, leverage opportunities and ERP/MDM improvements.
The meeting will take place at the CMA Glendale offices, or you may participate via teleconference.
Among the items on the agenda: D&B Overview; D&B Segment Overview; D&B Supply Management Overview; Supplier Predictive Scores; Supplier Predictive Risk Tools; and a Questions-and-Answers session.
For more information about how you can get involved, contact Larry Convoy at firstname.lastname@example.org or 818-972-5323. We look forward to your participation in what is sure to be a lively discussion.
Do you have to make tough credit decisions quickly? How would you like to have the power of over two billion trade credit experiences available to you from the three most reliable sources on the planet? What about having credit scores and valuable facts on a company’s history at your fingertips immediately when the credit request lands on your desk?
In today’s competitive environment, informed credit decisions must be made quickly to get product out the door. Your company expects credit to support Sales and drive revenue. At the same time, credit decisions must be within your company’s risk tolerance with a likelihood of prompt payment.
This was the thought behind CMA’s anscersX Multi-Bureau Trade Credit Report. anscersX provides all the above and more from Dun and Bradstreet, Experian, Equifax, Ansonia and international data from CreditSafe International. You choose which bureaus you want to see. You pay only for what you get. The report is online and delivered to your workstation within seconds of ordering it.
anscersX provides all of the information you need to make most credit decisions. A Paydex Score from Dun and Bradstreet, Intelliscore from Experian and a Business Risk Score from Equifax, along with over two billion current trade lines, trends, details about the company and public records of suits, liens or judgments.
There is a side benefit to those of us in credit who must defend our decisions. Using powerful information such as the anscersX report will help justify any decision you make. If there are questions or push-back, you are locked and loaded to illustrate why you came to the conclusions you did.
Consider the anscersX report if any of the following are true:
- Your monthly requirements do not justify a costly contract with one or more of the bureaus.
- You are looking for a more efficient and cost effective way to order reports from multiple bureaus.
- You have a contract with one of the major bureaus but want reports from additional sources.
- You have a limit on the number of reports you can order from a bureau, anscersX can conserve usage.
- A multi-bureau report will give additional insight into a higher risk prospect or customer.
The best thing you can do for yourself today is to go to anscers.com and check out anscersX, or read information about it here (including sample reports). It is brought to you by Credit Management Association for the benefit of the credit management community.
Robert S. Shultz is a Partner at Quote to Cash Solutions (Q2C) LLC, and a frequent speaker at CMA-sponsored and other credit events.
CMA would like to send special thanks to top credit service providers who are sponsoring the upcoming CreditScape Fall Summit, powered by United TranzActions, September 22-23 at the Doubletree by Hilton Sonoma. Those companies are:
Services: Payment Processing, Credit Card Processing, Virtual Lockbox
Services: Commercial collections
Ansonia Credit Data
Services: Portfolio monitoring, Credit Reports
Services: Online Credit Applications, Document Management
Services: Credit Risk Analysis Software
Services: Virtual Payment Processing Solutions
Dun & Bradstreet
Services: Credit Reporting
Services: A/R Management Solutions
Services: A/R and Deduction Management Services
Services: Payment Services
Thanks again for helping CMA deliver a quality event!