Monitoring is a supplemental service for companies which have constant customers. The purpose on monitoring is to constantly (every single day) observe the selected companies‘ or private persons‘ and expeditiously inform a client about any changes in the solvency of the subjects observed.
How it works?
Client selects companies or private persons who he wants to observe. In excess of 20 indexes are constantly monitored; any changes in the observed persons are immediately forwarded to the client.
Benefits:
- Monitoring improves the effectiveness of credit risk management process and saves customers time. Information is received immediately as opposite to the manual search.
- When information on changes in observed client’s creditworthiness conditions is received immediately, you can react to changes expeditiously. Even if a company has a good credit record, situation can suddenly change. Therefore, is it strongly advised to react as soon as possible.
- Received monitoring report, in accordance of before-hand established business procedures, could be a reason to change credit limit, cancel credit limit entirely, keep the conditions as they were, but observe the client more carefully.
Please contact us for further information on +370 5 239 41 31 or E-mail info@creditinfo.lt.