Account Management Service

Find out the credit status of your existing customers

Organisations often seek financing from multiple sources making it difficult for one lender to see the growing risk profile of a customer.  Often there are no signs of arrears history prior to an adverse event, such as insolvency, as often multiple lines of credit are used to artificially keep payments up-to-date. 

 

Veda's Account Management Service (AMS) is for credit providers and for businesses that offer credit terms to their customers. AMS lets them access the existing credit information of an entity on the Veda credit bureau database so they can review credit facilities and manage overdue accounts. 

 

Setting optimal customer account management strategies can be challenging.  Veda's Account Management Service can help you manage existing customers' credit accounts or can assist with the recovery of overdue debts.

 

AMS can help your business by:

• Giving you information on an organisation's credit activity with other credit providers as held on Veda's credit bureau.
• Providing insights into an account holder's credit history helping you to proactively manage the customer account and minimise the risk of default
• Delivering speedy real-time report delivery.