Group your customers to instantly view risk the way you need it
Business Problem
Many businesses have customer risk data scattered across multiple tools and places. They spend too much time creating manual reports on where their risk lies across their customer base. This also makes it hard to keep track of changes to customers.
Product Solution
Access Monitor enables businesses that provide trade credit to continuously monitor the credit risk of their customers. Instantly see where your risk lies and why, with all the information you need to proactively make decisions and manage credit in one place.
Many of our customers like to use the custom grouping functionality within Access Monitor. You can allocate customers to one or more groups to view risk the way you need it and prioritise efforts.
Uses include:
- An entity group allows a CFO to drill down on business risk to the division or entity level.
- A credit manager can group by customer type, such government bodies, private companies, or not-for-profit.
- A credit manager can group by entity structure, e.g. sole traders, trusts, companies.
- Grouping by ease of collection can assist accounts receivable with where to direct efforts.
- Grouping by industry type can quickly identify customers in the highest risk industries.
And of course, you can choose your own unique groups too.
Expected Result
Our grouping feature is one of many ways in which our products are customisable to your unique business needs. You will be able to instantly see where your risk lies according to your own groupings, then drill down to see detail and take action. Stop spending time on manual reports and focus on value adding activities.
Ready to proactively monitor risk your way?
Book a tailored demo with our team to learn more.