Small business owner

  • Kate is a small business owner of a company which delivers goods first and gets paid later (as most of other 5.7M SME-s in UK)
  • Kate is worried because some of its customers are late with payments and have not responded to reminders either
  • Kate googles the customers by name to understand whether the delay is due to troubles in the company or not (as do 72% of SME owners in UK)

With Scoriff’s service, Kate had been warned earlier that credit scores of these customers have dropped and that it is recommended to change credit terms for them.

Enterprise

  • John works as CFO in an advertising company that runs targeted ad campaigns for smaller businesses. Among other responsibilities John deals with debts.
  • John understands that prepayment is not always an option. At the same time he also lacks an evidence that a new customer might be problematic since it takes time to check every customer before sales (and sales people do not want to waste their time for checking).
  • Dealing with debtors is always undesirable work which wastes time and energy that could be used for taking care other responsibilities. At the same time John understands that payments for already provided services are the most expensive money to lose and someone has to do this dirty work to chase the money.
  • John wants to find and set up the automatic system where credit scores are taken into account before the deals are closed, not after.

With Scoriff service, John gets early warnings when the company regular customers’ credit scores happen to drop.

Protect yourself with Scoriff

Protecting from credit losses and late payments