To approve or not to approve a credit application? Does this sound familiar?
DunTrade™ is a powerful automated trade-reporting program which enables you to improve cash flow, minimize bad debts and expand current business activities through the sharing of customers’ payment information.
Leveraging on internet technology, trade payment information is now readily available at your fingertips at anytime of the day. In addition, instant access to cross-border trades becomes reality without compromising the confidentiality of information.
The Conventional Payment Reference Check
- Calling for Supplier References (Names provided on Credit Application Form)
- Checking with counterparts in similar industries
- Internal Analysis/ Research
- Customer Code
- Customer Full Name
- Customer Address (important for facilitating name matches against D&B's trade database)
- Telephone Numbers
- Credit/ Selling Terms
- Last Transaction Date (Optional)
- Aging Breakdown of Amounts Owing to:
Customers' Payment Information / Ledgers
Your Essential Credit Assessment Tool
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Now Available in: English, Chinese, Japanese
4. Hong Kong
That's it! You are now looking at the payment behavior of your customer and prospects.
NOTE: The DunTrade™ website is linked to D&B's wide range of products across the world, providing you with greater information for in-depth analyses.
How do I gain access to DunTrade™ Online Payment Information?
Simply pass us your Account Receivables/ Ledgers, and we will do the rest. In turn, you will receive a User ID and Password which grants you unlimited access to online trade information. No membership fees or subscription fees are required as long as participants continue to submit electronic A/R regularly and remain active in the program.
Required Accounts Receivable Information
- Overdue (within) 30 days
- Overdue (within) 60 days
- Overdue (within) 90 days
- Overdue > 90 days
Expected File Format