CreditorWatch is an innovative, online commercial credit bureau. With over 50,000 customers and the ability perform a credit check on any entity in Australia (ranging from ASX listed companies to sole traders), we offer credit management tools and credit risk information. CreditorWatch enables you to stay on top of debtors with credit reports, credit scores, monitoring and alerts, and debt collection tools, including the ability to lodge payment defaults.
Streamline your credit management process by linking your Xero account with CreditorWatch. Your customers’ details will be matched to credit reports, highlighting adverse information that could impact your cash flow.
CreditorWatch + Xero
Once your Xero account is integrated with CreditorWatch, the business name of your customers in Xero will be name matched to the correct ABN, ensuring that you know exactly who you are trading with. CreditorWatch will analyse outstanding debtors against their credit files, identifying those who pose the biggest risk to your business. With each new contact entered into Xero, CreditorWatch will automatically email you a credit report for that customer. When you view a customer’s credit file, the report will be enriched with Xero data so you can better understand how they have been paying you. Set up monitoring and alerts to stay ahead of slow paying debtors.
Sign-up to CreditorWatch, select Xero as your accounting platform and follow the steps.