Our Dual Reports

Phil Rice, Head of Credit at Aggregate Industries UK Ltd

"They are a great feature in the credit risk professional's toolbox, a real innovative feature. 

It offers another good insight on the risk involved especially if there is an element of uncertainty over where to position the limit."

Sheena Purcell at Festo, Credit Control Manager

“We have been enjoying the benefit of Dual Reports for some months now.  When credit checking, our default report is level 3 for new customers, in the majority of situations this is adequate for setting up credit accounts.

We keep a record of the recommended limit via monitoring, when customers are exceeding this or wish to spend more, we run a Dual Report.  Having the two different perspectives gives us the confidence to make a speedy decision on future spending and in many cases helps to extend credit further where we may not have in the past.  Happy customers and extra sales.

It has also helped when looking at larger spend accounts with my Senior Management Team here at Festo – having two opinions instead of one is a major advantage.”

Lester Mortimore, Credit Control Manager at Kew Electrical

“I think the dual reports are an excellent and innovative addition to the tools available to me as a Credit Manager.

They draw information from multiple sources, allowing us to make far better-informed decisions regarding our customers and their business with us. That then allows us to maximise our trading potential with them.”