Reporting Your Bad Debt

There are many benefits to reporting data. When you report, a special credit report becomes available. The “ITIP” report is our most detailed and least expensive report. The ITIP contains trade references from the other group members. You can save significant dollars by using ITIP as your primary credit report. (See sample Yellow Report)

When you begin reporting data, we monitor your entire account base for any significant changes to your customers’ credit profiles. We have found that bankruptcies do not occur overnight - there are always several warning signs. You will be automatically advised of major payment slowdowns, collection accounts, credit holds, tax liens, judgments, and bankruptcies, via your PC. The warning lists are free and detail reports are available for a nominal charge.

We will provide a monthly Collection Priority Report, free of charge that shows you how your slow paying accounts are paying you as compared to their other vendors. This is a valuable tool that can improve your company’s cash flow, and decrease DSO’s.

Contributing your data begins and ends with a simple spreadsheet. 

Sample Contribution

Detect Early Signs Of Trouble…

Wouldn’t you like to know when your customers…
Payments become slower
Are placed on Credit hold or have new terms, like COD!
Have been placed for Collection
Have had Tax Liens, Judgments, or a Bankruptcy Filed

Start Today By Reporting Your Companies Aging To Experian

Difficult for problem accounts to open new accounts
Discount on the BPR
Get better leverage
Prioritize your AR team with Experian’s FREE Collection Priority Report
A valuable tool that can improve your company’s cash flow, and decrease DSO’s.

Bad Debts and Losses Do Not Happen Overnight!
Even the best accounts could have problems!