The payment predictor displays a company’s payment history, including the average number of days that they take to pay their bills. Industry history is also available, so that you can compare how the business is paying in relation to other entities in the industry. This helps you identify and avoid slow paying businesses.
How to access Payment Predictor
Login to your CreditorWatch account. Type in the business name, ABN or ACN of the entity you want to find into the search bar. Then click 'search.'
Once you arrive at the credit profile you are seeking, then scroll down to Payment Predictor.
Payment Predictor can be used so that you can see how the debtor is paying in comparison to the industry. It can be used to assist with your credit management decisions.
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