When evaluating a potential customer for creditworthiness or deciding to continue extending credit terms to a slow paying customer, trade experience from industry peers is the most useful information available.

A Trade Experience Report takes the guesswork out of credit record verification by providing you with an "industry specific" summary of millions of trade records. You can review information such as 24 months of aging history by both the industry as a whole or by each unique company reporting, the date of first / last sale, Average DBT (Days Beyond Terms), high debt and credit limit, bad debt information, revoked credit terms, credit score and much more.

Features of the Trade Experience Report:

• Determine customer payment performance within YOUR industry segment
  Reported data is sourced to industry segment, e.g. the transportation industry is broken down into truckload, LTL, freight forwarder/customs broker, air cargo, expedited, Railroad, etc.
• Rank your customers score based on your customized scoring programs
  Ten criteria customized to model your company's targeted receivables model. Scores based on probability of them paying according to your requirements.
• Make quick and easy credit decisions
  Stop light feature to show at a glance your payment potential. Predictive credit scores assigned based on your company's approval criteria.
• Take advantage of the most timely and accurate credit information available
  Internet-based functionality supports daily updates to all report data. Information is updated daily, and is posted to the web-site within 24 hours of receipt.
• Evaluate your customer's comprehensive credit history
  Reports include up to two full years of payment trend analysis.
• This report is provided FREE of charge to all CreditExchange members.

View a sample of the Trade Experience Report.