This help provides instructions for implementing and using the Intrum Risk Indicator through Netvisor Store. The help explains the benefits of the service, pricing, and how to review and utilize the payment readiness information of customers and suppliers.

CONTENTS

With the Intrum Risk Indicator, you can monitor changes in the payment behavior of business customers and suppliers. The service tracks customers' payment delay situations and updates the customer register, for example, for ceased companies. Based on payment delay information, you can anticipate a customer's weakening payment ability even before public payment default entries are registered for the customer.

A classification is provided for Finnish business customers, based on a classification model developed by Intrum. The model utilizes information stored in Intrum's credit information register, including invoices in collection (payment delays) and information from the trade register and the business information system (YTJ). Classification information is updated once a day.

The Risk Indicator does not include information from the tax debt register, as it is only available from the YTJ service.

The Risk Indicator is based on the collection information history of the past six months, as required by the credit information law. In addition, company cessation, corporate restructuring, and bankruptcies are taken into account.

Implementation

You can implement the Intrum Risk Indicator by selecting Netvisor Store > Extensions > Intrum Risk Indicator.

  1. Open Netvisor Store.
  2. Select the Extensions tab.
  3. Search for Intrum Risk Indicator.
  4. Select the Activate button.

Make sure you have one of the following access rights to implement the service:

  • User administrator (KH)
  • Accounting office administrator (TPK)
  • Company administrator
  • Company user profile
  • All rights profile

Pricing

The Intrum Risk Indicator is priced monthly according to the revenue class.

  • The monthly pricing includes the payment readiness visible in the information of customers and suppliers.
  • The service also includes a separately ordered Quick credit recommendation, which provides a more precise picture of the customer's/supplier's payment readiness.
  • An additional fee per inquiry is charged for the Quick credit recommendation according to the price list.

Suppliers' payment readiness

You can see the suppliers' payment readiness by selecting Purchases > Supplier listing > column Payment readiness.

  1. Go to Purchases > Supplier listing.
  2. Find the Payment readiness column in the listing.
  3. Hover the cursor over the payment readiness status to see the description of the payment readiness and the date of the latest update.

Payment readiness statuses

  • Good

    The company has no payment delays.

  • Payment delays

    • The company has minor payment delays, but they are unlikely to affect the customer's/supplier's payment ability.
    • The company has some payment delays, and they may affect the customer's/supplier's payment ability.

  • Weak

    The company has significant payment delays, and they are likely to affect the customer's/supplier's payment ability.

Company statuses

The company statuses can be the following:

  • Not in the trade register
  • Bankruptcy
  • Corporate restructuring
  • Bankruptcy dissolved
  • Activity suspended
  • Business activity ended
  • Trade register ceased
  • In liquidation
  • Activity ceased

Customers' payment readiness

You can see the customers' payment readiness by selecting Sales > Customer listing and from the customer's general view.

  1. Go to Sales > Customer listing, where you can see the customers' payment readiness.
  2. Open the general view of an individual customer if you want to review the payment readiness per customer.

The payment readiness statuses are the same as on the purchases side.

Changed payment readiness

You can see customers' changed payment readiness in the Exceptions and notices widget on the homepage.

  1. Open the Netvisor homepage.
  2. Find the Exceptions and notices widget.
  3. Review the information in the widget about customers' changed payment readiness.
  4. Select the Changed payment readiness link in the widget to move to the customer listing.

In the customer listing, you can see the customers whose payment readiness has changed during the last two weeks.

From the Changed payment readiness listing, you can see:

  • what the customer's payment readiness was previously
  • to which payment readiness the information has been updated.

Quick credit recommendation

With the Quick credit recommendation service, you get a more comprehensive credit recommendation based on the payment behavior of the business customer (approved, collateral, cash).

The credit recommendation is based on a classification model developed by Intrum, which utilizes:

  • real-time payment delay information
  • information on public payment default entries.

You receive a PDF report that includes:

  • the credit recommendation
  • detailed payment delay information (collection information)
  • public payment default entries
  • company basic data
  • responsible persons
  • signature information.

You can purchase the Quick credit recommendation from the customer's/supplier's general view or from the Attachments management tab.

  1. Open the customer's or supplier's general view.
  2. Select the link Want more information about the company's payment behavior or go to the Attachments management tab and select Buy Intrum Quick credit recommendation.
  3. Review the description of the quick credit recommendation that opens.
  4. Download a sample report if needed before making the purchase decision.
  5. Confirm the purchase according to the instructions.

Frequently asked questions

How do I implement the Intrum Risk Indicator?

Implement the Intrum Risk Indicator by selecting Netvisor Store > Extensions > Intrum Risk Indicator > Activate.

What access rights do I need for service implementation?

You need at least one of the following access rights: User administrator (KH), Accounting office administrator (TPK), Company administrator, Company user profile, or All rights profile.

Where can I see the suppliers' payment readiness?

You can see the suppliers' payment readiness from Purchases > Supplier listing > Payment readiness column. Hover the cursor over the status to see the description and the update time.

Where can I see the customers' payment readiness?

You can see the customers' payment readiness from Sales > Customer listing and from the customer's general view.

What types of payment readiness statuses can occur?

The payment readiness statuses are: Good, Payment delays, Weak. In addition, you can see the company status, such as for example Bankruptcy, Not in the trade register, or Activity ceased.

How do I monitor changed payment readiness?

Monitor changed payment readiness from the Exceptions and notices widget on the homepage and select the Changed payment readiness link to see the customers whose payment readiness has changed during the last two weeks.

What information does the Intrum Risk Indicator use?

The Intrum Risk Indicator uses payment delay information from Intrum's credit information register, information from the trade register and YTJ, and takes into account company cessation, corporate restructuring, and bankruptcies during the last six months. Information from the tax debt register is not included in the service.

What does the Quick credit recommendation include?

The Quick credit recommendation includes a credit recommendation (approved, collateral, cash), detailed payment delay information, public payment default entries, company basic data, responsible persons, and signature information as a PDF report.

How is the Quick credit recommendation priced?

The Quick credit recommendation is a separately ordered service, for which a fee per inquiry is charged according to the price list in addition to the monthly pricing of the Intrum Risk Indicator.

Keywords: Intrum Risk Indicator, Netvisor Store, payment readiness, quick credit recommendation, user guide, customer listing, purchases

This article has been translated using an AI-based translation tool. The contents or wording of these instructions may differ from those in other instructions or in the software.


Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.