ICC Services
| ICC has launched a trade partnership programme and would like to invite you to join us. The programme is a completely free, completely confidential data exchange service; you provide us with your data, we provide you with ours. The trade data partnership is designed to be extremely interactive and useful to your business. |  |
The importance of Trade Data One of the most crucial criteria for determining when and if a company is likely to fail is their past payment performance. The majority of insolvent companies displayed fluctuating, delayed or below industry average payment patterns prior to their closure. Trade data gives early warning signs of any potential issues, and allows them to be addressed promptly and effectively. The other important benefit of trade data is the impact it can have on cash flow. Think how useful it would be to know how a customer is likely to pay prior to doing business with them; if they have a habit of paying late, appropriate measures can be implemented to ensure minimum adverse effect on cash flow. |
How the partnership will benefit you You will be able to see how your customers are paying their other suppliers in comparison to you, how other customers are paying other suppliers throughout your industry, and how your customers are paying you in comparison to average UK trends. This gives a hugely valuable insight into your ledger and a much greater control over your cash flow. Requirements Complete confidentiality is assured. We have a fully experienced team on hand to assist with the implementation of the programme and to offer ongoing support. |
For more information on the services we offer, Call 020 8481 8835 or |