Only illion can provide a comprehensive view of the payment habits of a business, as well as give an accurate prediction of their ability to pay you on time, using Australia’s largest and most comprehensive database of trade payment information. This is crucial information for you to be aware of, to ensure that your business can continue to meet its obligations, both to customers and suppliers.
Understanding how a company or business has paid other creditors provides excellent insight into the payment behaviour your customer is likely to exhibit when paying you. This insight helps you take action to manage and reduce the risk of delinquency or non-payment.
Late payment risk score (company / industry)
Company identification
Business overview
Court actions, defaults and collections
Directors
Shareholders
Past enquiries
Payment habits
Most recent payment experiences
Historic extract provides full historic details of a companies registration and directors details.
The report enables you to analyse the company's payment habits, and includes the probability that the company will pay a trade account in a "severely delinquent" manner (90+ days beyond terms) within the next 12 months through the Late Payment Score. It allows you to view all of the most recent trade payment experiences, understanding how they pay within and outside their industry, as well as understanding credit limits and overdue amounts for each creditor.
What is their recent payment performance?
Is there a deterioration in payment habits?
Have they had trouble paying creditors?
Will they pay me on time?
Was the director previously involved in a failed business?
Which legal entity is operating the business and who is responsible for payment of accounts?
Has there been any litigation activity against this company and/or its directors?
Are they operating within a high credit risk industry?