Predicting Future Failure - BICB

NEWS

New Service Coming to BICB Members

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BICB continues to invest in new services for its members. Coming soon, members will be able to access a report that gives a Risk Score on the viability of a business. This report harnesses the data from BICB’s own extensive database, ASIC, ABN and Builder Licence information, and Alares Court actions. The data harvested creates a predictive tool about the possible failure of a business.

A credit manager can see at a glance the pattern that indicates the health or otherwise of a business. This enables them to make sound credit decisions way ahead of a possible failure of a client.

How much will this report cost BICB’s members? $11. How much could this report save the member? Anything from hundreds to tens of thousands of dollars.

If you would like to access these soon to be released reports, please join BICB today. Phone 1800 931 221 to become a member. For more information on BICB please download our brochure.

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