Business Monitoring

Related Resources

Product Sheets

Business Credit Monitoring

Proactive credit monitoring of your business customers or suppliers

Commercial Account Triggering

Comprehensive monitoring of your commercial accounts

Commercial Bankruptcy Alert

Timely notification of new bankruptcy filings by your business customers

OFAC Alert

OFAC screening for consumers and businesses

“Since implementation of Equifax triggers, we have seen a significant improvement in collections productivity and the ability to alert our account officers as they converse with their specific borrowers. We have validated the trigger alerts on our commercial portfolio and found that triggered loans are three times more likely to go delinquent on us than loans that do not have any trigger alerts. It is an important and valuable service.”

-- Evan Kass, Director Credit Portfolio Analytics, NewAlliance Bank

Equifax proactively monitors your business customers or suppliers and provides timely notification of risk level changes so you can act quickly to minimize any negative impact to your bottom line. Businesses are monitored against data reported to the Equifax Commercial database, including bank and lease payment information, trade receivables payment information and public records, ensuring that you are aware of potential trouble as soon as it occurs.

Key Benefits

· Minimize losses from accounts that that may have impending financial problems

· Improve efficiency by focusing account management efforts on high-risk accounts

· Reduce time-consuming manual portfolio review processes

· Adjust or modify strategies based on a real-time understanding of your customers’ financial status

· Mitigate negative impact to your business operations by monitoring the financial health of your suppliers

Featured Products

Business Credit Monitoring™ Key Features

· Monitor one, or all, of your business customers or suppliers

· Daily email alerts of derogatory financial activity, including drop in risk score or new public records

· Enable monitoring of new account when pulling a credit report; disable monitoring at any time

· Alert detail can be exported into Microsoft Excel

· Accounts receivable data contribution not required

Commercial Account Triggering™ Key Features

· Monitor all of your business customers or only those accounts that warrant closer attention

· 14 customizable monitoring criteria from which to choose; including option to append current scores

· You define the frequency of alerts

· Alert detail can be exported into Microsoft Excel or internal systems for sorting and prioritization

· Accounts receivable data contribution is required

Bankruptcy Alert™ Key Features

· Monitor your business customers for new bankruptcy filings or updates to existing filings

· Receive email alerts when new bankruptcy information is available or “all clear” emails when no alerts are generated for your flagged accounts

· Accounts receivable data contribution is required

Why use Equifax

As the needs of our customers have evolved, so have we. Expanding on our role as the trusted steward of credit data, Equifax has grown into the leading provider of technology-and analytics-fueled information solutions.