This guide provides instructions for implementing and using the Intrum Risk Indicator through Netvisor Store. The guide also includes information about 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 considers the collection information history of the past six months, as the six-month period comes from the credit information law. Additionally, company cessation, corporate restructuring, and bankruptcies are taken into account.

Implementation

The implementation of the Intrum Risk Indicator is done through Netvisor Store on the Extensions tab. You can start using the service by pressing the "Activate" button.

To implement the services, you need one of these access rights: User Administrator (KH), Accounting Firm Main User (TPK), Company Main User, Company User Profile, or 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 an even more precise picture of the customer's/supplier's payment readiness. We charge an additional fee per inquiry according to the price list for the Quick Credit Recommendation.

Suppliers' payment readiness

Once the service is activated, you can see the suppliers' payment readiness from Purchases > Supplier Listing > "Payment Readiness" column. You can view the description of payment readiness and the date of the latest update by hovering the cursor over the column.

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

- 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 from the Customer Listing (Sales > Customer Listing) and the customer's general view. The payment readiness statuses are the same as on the purchases side.

Changed payment readiness

 Information about changed payment readiness of customers appears in the "Exceptions and Notices" widget on the homepage. By clicking the "Changed Payment Readiness" link in the widget, you can drill down to the customer listing where you can see the customers whose payment readiness has changed in the last two weeks.

From the "Changed Payment Readiness" listing, you can see what the customer's payment readiness was before and what it has been updated to. 

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 as well as 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 information, responsible persons, and signature information.
You can purchase the Quick Credit Recommendation from the customer's/supplier's general view via the "Want more information about the company's payment behavior" link or from the Attachments Management tab: Buy Intrum Quick Credit Recommendation. When you click the link, a description of the quick credit recommendation opens. You can also download a sample report from the view before making a purchase decision.

Frequently asked questions

How do I implement the Intrum Risk Indicator?

Implementation is done through Netvisor Store on the "Extensions" tab.

What access rights do I need for service implementation?

You need at least one of the following: User Administrator (KH), Accounting Firm Main User (TPK), Company Main User, Company User Profile, or All Rights Profile.

What types of payment readiness statuses can occur?

Good, Payment Delays, Weak, and notification of company status (e.g., Bankruptcy).

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.


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