1 ©2013 Experian Information Solutions, Inc. All rights reserved. Experian Public ©2013 Experian...

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1 © 2013 Experian Information Solutions, Inc. All rights reserved. Experian Public © 2013 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the trademarks of their respective owners. No part of this copyrighted work may be reproduced, modified, or distributed in any form or manner without the prior written permission of Experian. Experian Public. Account Monitoring Service Supplier monitoring

Transcript of 1 ©2013 Experian Information Solutions, Inc. All rights reserved. Experian Public ©2013 Experian...

Page 1: 1 ©2013 Experian Information Solutions, Inc. All rights reserved. Experian Public ©2013 Experian Information Solutions, Inc. All rights reserved. Experian.

1©2013 Experian Information Solutions, Inc. All rights reserved.Experian Public

©2013 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used herein are service marks or registered trademarks ofExperian Information Solutions, Inc. Other product and company names mentioned herein are the trademarks of their respective owners.No part of this copyrighted work may be reproduced, modified, or distributed in any form or manner without the prior written permission of Experian. Experian Public.

Account Monitoring Service Supplier monitoring

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What is Account Monitoring Service (AMS)

Experian’s Account Monitor Service is a comprehensive monitoring system that enables clients to proactively track and be notified of any key events occurring among critical suppliers.

Alerts provide timely information to reduce supplier risk exposure

Monitor suppliers for:

► Declines in financial stability

► Late payments

► New collection filings

► Derogatory comments posted by data contributors

► New tax lien filings

► Bankruptcy filings

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Value of supplier monitoring

Enhances the supplier management processes

Real time delivery enforces proactive action to reduce risk exposure

Use monitoring programs to help support ongoing supplier management programs:

► Take necessary action on high risk suppliers

► Leverage monitoring with supplier scorecards for continuous improvement

► Segment and apply unique monitoring criteria to Tier 1-2 suppliers vs. Tier 3-4 suppliers

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• Comprehensive set of 47 triggers• Customizable filtering capability to cull out all but actionable alerts• Flexible alert routing capability• Customizable alert prioritization• Feeds alerts to various delivery channels (Five delivery methods)

Weekly change triggers

• Financial Stability score change

• Days beyond terms change

• High credit change

• Total balance change

• Percent current change

• Credit utilization change

• Negative or positive changes on all change triggers

Daily event triggers

• Bankruptcy• Judgment• Lien• UCC• Collection• Derogatory comment• Account 90 days late• Account 60 days late• New tradeline• New inquiry

Account Monitoring ServiceKey features

Full trigger list available upon request

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Account Monitoring ServiceFilters

Score change

DBT change

High credit change

Total balance change

Percent current change

Credit utilization change

Lien

Judgment

Collection

Decreased by Increased by Value ($) threshold Exclusion rules

Value ($) threshold

Filters applied to alerts ensure only the most important notifications are delivered

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Account Monitoring ServiceFive flexible delivery options

BusinessIQ ► Consolidated toolset with expanded capabilities

Portfolio Alert AdvisorSM

► Workflow capability► Multiple users, portfolios and portfolio segmentation

Web service API► Easiest way to seamlessly integrate

alerts into your system

Batch► Delivery of alerts in bulk files

Online Notification Services (ONS)► Via consumer ONS delivery pipe

Out of the box solution

Slightly customized solution

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Alerts via BusinessIQ

• Alerts module within BusinessIQ• Trigger and filter preferences configurable online• Priority score displays most important triggers first• Snapshot provides overall supplier risk

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Alert detail in BusinessIQ

Supplier and account information

Credit summary and trending information

Detailed alert information

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