Check customer history

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In addition to the data provided by credit protection services, it is important that each company has its own information and, therefore, always has the history of all customers with which it maintains a relationship at hand.

Ideally, this information should be managed using automated software and systems, so that the analysis can be done quickly and the data is always up to date. This saves time and prevents errors in the assessment.

Cross-referencing all data (obtained from both internal and external sources) determines the nepal phone number list of default for that transaction and provides support for the sale of the product or provision of the service. The recommendation is to establish parameters to define which profiles will be accepted and which will be rejected after analysis.

In addition to rejecting consumers with a high risk of defaulting , checking their history allows for advantages or better conditions to be offered to customers with a good relationship. These benefits can be granted in the form of discounts for purchases made in cash, lower interest rates or longer payment terms.