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Can BICB provide a regular risk assessment of our customers?
We are in a dynamic environment so having monthly potential risk reports is vital for credit managers.
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How much data is available and what areas are covered?
We don’t want to boast but we have data on over 200,000 entities in the Building & Construction Industry across Australia.
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Can I monitor my debtors/ customers for legal actions registered against them?
Our capacity to harness information the DAY a court action is lodged puts our members ahead of the game.
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Will my data be secure and remain confidential?
Confidentiality and security are vital for our existence.
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Where does BICB’s data come from?
All our members are suppliers or subcontractors to the Building & Construction Industry. We are the only national organisation with the volume of trading data that is industry specific.
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Being a member of BICB – how does it work?
It’s simple really. We act as a conduit for members to share accurate financial trading and credit related information via a secure online database.
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Am I able to monitor my customers payment habits with other suppliers?
Seeing changes in payment habits to other suppliers can raise a red flag!
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Does a client have a past adverse credit history?
Having this information can possibly reduce your risk to the word that strikes fear into every credit manager….Insolvency!
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Do they have a poor payment track record?
We all want to know this! Knowing this piece of information could determine whether you offer credit or not.
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How do our customers pay other suppliers?
The phrase, ‘Safety in numbers’ comes to mind here. Seeing payment patterns to multiple suppliers can bring a new perspective about a debtor.
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Is the business safe or difficult to deal with?
Getting background information garnered from a variety of authoritative sources viewed in one location answers that question succinctly.
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If we deal with a company will we get paid?
