Summer vacations are in full swing and I can’t wait to spend some time at the beach with the family this summer. Since late payments and bad accounts never seem to take a vacation, I want to remind you of a couple of the tools we have available to help you manage your accounts.
1. Register your accounts to be monitored and choose to be notified as events happen – everything from score changes, late payment warnings and public record updates.
2. Run your accounts through a credit policy in batch format. This will provide consistent account review and give you the ability to act only upon those accounts with a decision or credit limit change.
3. Last, but not least is regular account review though portfolio scoring.
Learn more about our account management tools – and hopefully regular account reviews can give you a vacation from bad accounts.