1. Monitoring of your ledger or CSV
(Available in the full subscription, and as a pay-as-you-go feature. Not available when using solely the freemium package)
Once you’ve connected your ledger or imported a CSV of your customers, Know-it will continuously monitor your customers and send you alerts to notify you of any changes. Every user attached to the ledger or CSV will get alerts.
Know-it is using Creditsafe to monitor your customers.
1.1 What would trigger an alert?
You will receive an alert on any change that could impact the credit score of your customer:
- Rating
- Credit Limit
- Company Name
- Address
- Director(s)
- Telephone Number
- Company Status
- Financial Changes
- Ultimate Holding Company
- Administration/Receivership Notice
- Liquidation Notice
- Meeting of Creditors Notice
- Winding Up Notice
- WRIT Notice
- County Court Judgment
- Voluntary Arrangement Notice
- Dissolution Notice
You can then decide if you’d like to pull a credit report on this customer to have more insights.
1.2 Credit rating
Know-it will continuously monitor the credit rating of your customers, and give you visibility on this rating – ranking from A to D.
A – Very low risk
B – Low risk
C – Moderate risk
D – High risk
E – Not scored
2. Monitoring of a credit report
(Available on any credit report pulled – in Freemium, Pay-as-you-go or Subscription)
Once you’ve pulled a credit report, Know-it will monitor this credit report for the next 12 months and send you alerts to notify you of a new change. Every user attached to your account will receive notifications.
Know-it is using Creditsafe data for the credit report and monitoring.
2.1 What would trigger an alert?
You will receive an alert on any change that could impact the credit score of your credit report:
- Rating
- Credit Limit
- Company Name
- Address
- Director(s)
- Telephone Number
- Company Status
- Financial Changes
- Ultimate Holding Company
- Administration/Receivership Notice
- Liquidation Notice
- Meeting of Creditors Notice
- Winding Up Notice
- WRIT Notice
- County Court Judgment
- Voluntary Arrangement Notice
- Dissolution Notice
You can then decide if you’d like to pull a new credit report on this company to gain visibility on the changes.
2.2 Credit rating
Know-it will monitor the credit rating of the company you pulled a credit report on, and give you visibility on this rating – ranking from A to D.
A – Very low risk
B – Low risk
C – Moderate risk
D – High risk
E – Not scored
