SALES LEDGER ACCOUNT MONITORING Real time alerts to manage cashflow and give you greater control
We will monitor your full sales ledger to protect your business from unnecessary risk
Sales Ledger Account Monitoring
identeco's fully automated sales ledger account monitoring allows organisations to protect themselves from the domino effect of customers' poor finances. Statistics show that 82% of all business failures are due to poor cash flow. Late paying customers or those that might be struggling financially can have a negative impact on your own cash flow, putting you at risk.
identeco's sales ledger account monitoring gives you the tools and insights to ensure that your credit control department is working with the latest information in order to respond to fluctuating customer finances, giving you greater control and enabling your credit control department to prioritise credit control focus on specific accounts, reduce invoice payment terms and improve your own business cash flow.
Fully automated
Our API will fully integrate with your own sales ledger finance software
Instant insights
Instant reporting on live financial data to understand the potential risk
Focus your resources
Enable credit control to act quickly or spot further growth opportunities
Fully automated sales ledger account monitoring to protect your business
Our sales ledger account monitoring service will fully interact with your own financial systems, software, and processes, putting you in the driving seat and eliminating unnecessary risk. Your systems will be updated with our live data, giving you complete visibility of your customers' financial or structural position.
Not only will our API protect your company from risk, but it will reduce the time spent on manual checks, allowing your account receivables team to be more productive. Your team will be able to make swifter decisions based on real time, reliable information. These decisions could be a simple review and adjustment of credit terms, or to move flagged accounts to internal or third-party collections for priority.
Via our sales ledger API, your sales ledger will be updated in real time to flag any negative customer trading conditions or financial difficulties, track changes in ownership and the ability to review new accounting information immediately after filing. Our reporting will also show where there is potential to maximise sales leads and explore further opportunities as a result of a customer's credit rating or stability increasing.
What our customers say
The team at identeco have been a pleasure to deal with and have gone above and beyond to deal with our bespoke needs. They have enabled us to improve our business strategy and make us feel more comfortable in the businesses we are trading with. I would not hesitate to recommend their services to any business that require such piece of mind when trading in the B2B market space. We look forward to being a valued client for many years to come
Bobby Russell
Managing Director at Contact FinanceWe have used identeco's service for several months and found it to be excellent value for money.
Sean Hemmings
Credit ReformBrilliant product and team. This is our second year using the product and it has been very useful. The identeco system itself is user friendly, with large levels of easily readable and useful information. The supporting team are friendly and knowledgeable.
Kevin Billingham
CFS Representative Senior at FedEx Express UK LimitedI've used identeco several times now and it's provided me, as a freelance Social Media Manager, with a huge amount of reassurance when considering taking on new clients. I've been able to check their financial status and I can be pre-warned if they don't have a favorable payment history!
Laura
Social Media Manager at Virtually SavvySuch excellent value for money. I use the portal everyday for checking out business stability. Marketing lists have enabled me to reach my audience and increase business growth
Sonya
Managing Director at Adore Your OutdoorsThe interface is really easy to use and the information available on companies performance helps us decide to extend credit and on what terms. The mail data available is an added bonus and the annual cost is amazing. Customer support is real people. and I cannot recommend a credit check and business support package that is better value
Guy Sinclair
Managing Director at Modus Agencyidenteco is a great platform for any business. It provides a great service and at a great price. We were slow to start but now use the service at least once a day. The team even set up a free training session to ensure we get the best from the software.
Andy
Managing Director at Hayward MillerVery good
EU Radici Ltd
Fantastic Product. For the price, I had a slight reservation as to how helpful this was going to be. I should NOT have been worried - 5 Stars and an Excellent Product!
RJ
Ops Director at Richard Jefferies LimitedGreat product, great service - Easy to use tool that helped our marketing campaign. The data was good quality and very useful. Customer service was really quick and efficient whenever I had a question, which makes the whole thing even better!
Ceri Rogers
Managing Director at NS Events Group LtdService is good, and the turnaround for traces is fast. Highly recommend.
Rebecca
Legal Clerk at Ward HadawayI have used the service on a few occasions to check out businesses details and have been impressed by their service and how thorough the details are. With one particular company highlighted to me that it was not safe to do business with them - so it made me think twice about engaging them. Their customer service is excellent too and all the staff are extremely helpful if you get stuck.
Sadie Skipworth
Social Media Manager at Sadie Skipworth Social MediaExcellent, friendly service with fast turnaround of the results. Just what I was looking for!
Alison Miller
Senior Research Executive at Scott Porter ResearchBeing able to obtain information in one place saves time, and the fee charged on an annual basis is cost effective.
Mike
Managing Director at Debt Solve UKThe portal has become an intrinsic part of our account opening process; giving us the ability to understand credit terms for our customers and set them accordingly. For the price, it's become invaluable to our business.
Oliver
Sales Director at CJUK
