12 Questions
Can BICB provide a regular risk assessment of our customers?
We are in a dynamic environment so having monthly potential risk reports is vital for credit managers.
12 Questions
How much data is available and what areas are covered?
We don’t want to boast but we have data on over 200,000 entities in the Building & Construction Industry across Australia.
12 Questions
Can I monitor my debtors/ customers for legal actions registered against them?
Our capacity to harness information the DAY a court action is lodged puts our members ahead of the game.
12 Questions
Will my data be secure and remain confidential?
Confidentiality and security are vital for our existence.
12 Questions
Where does BICB’s data come from?
All our members are suppliers or subcontractors to the Building & Construction Industry. We are the only national organisation with the volume of trading data that is industry specific.
12 Questions
Being a member of BICB – how does it work?
It’s simple really. We act as a conduit for members to share accurate financial trading and credit related information via a secure online database.
12 Questions
Am I able to monitor my customers payment habits with other suppliers?
Seeing changes in payment habits to other suppliers can raise a red flag!
12 Questions
Does a client have a past adverse credit history?
Having this information can possibly reduce your risk to the word that strikes fear into every credit manager….Insolvency!
12 Questions
Do they have a poor payment track record?
We all want to know this! Knowing this piece of information could determine whether you offer credit or not.
12 Questions
How do our customers pay other suppliers?
The phrase, ‘Safety in numbers’ comes to mind here. Seeing payment patterns to multiple suppliers can bring a new perspective about a debtor.
12 Questions
Is the business safe or difficult to deal with?
Getting background information garnered from a variety of authoritative sources viewed in one location answers that question succinctly.
12 Questions
If we deal with a company will we get paid?
