Payment Bureau Singapore
Monitor Your Business Partners’
Payment Activities
Obtain timely information on the payment behaviour and trends of your commercial accounts through the complimentary Payment Bureau Singapore portal. Through this platform, monitor your liquidity and manage the credit-worthiness of your business seamlessly, to help you to mitigate risks and improve your cashflow. Contact us to find out more on how you can gain free, exclusive access to the portal.
Utilising Trade Payment Information
Our Trade Information Enables You To:
- Determine When You Are Likely To Be Paid - Help You Minimize Your Day Sales Outstanding (DSO) And Ultimately Profitabilty.
- Compare How Efficient Your Customers’ Payment Are To You Relative To Their Suppliers
- Analyse Payment Trends & Predict Potential Delinquency
Payment Bureau Singapore Helps You In:
- Making Better, Faster, And More Informed Credit Decisions With Objective And Consistent Data
- Improving Collections
- Minimising Slow Payments By Customers
- Pre-Screening Best Prospects
Features
Industry Benchmarking
Benchmark your payment trends against industry standards to have a clearer insight on your business portfolio and how you are performing, all in real-time.
PAYDEX Access
Gain access to our proprietary PAYDEX, an indicator which shows a firm’s payment behavior over the past year, based on trade experiences reported by various vendors.
Real-Time Notifications
With our Payment Tracker, receive real-time notifications when there are any changes to your business partners’ payment activity.
Payment Dashboard
The interactive dashboard gives you a bird’s-eye view of your payment portfolio, offering a wider perspective to aid in your business decisions.
Payment Profile Report
Access your business partner’s Payment Profile Report, where you can analyse payment trends and predict potential delinquency.
Tradelines Monitoring
Staying abreast of any defaults or abnormal payment behaviours by your business partners can help you to mitigate risks.
How It Works
1) Source
Suppliers’ contributions will be channelled to a staging area
2) Processing
Information will be processed into a consistent format before deployment
3) Deployment
Processed data to be made available to users through the dashboard
Benchmark Performance And Protect Against Business Failure
Beyond helping your business to benchmark aging performance against the general industry, PBS monitors and notify you of errant payment activities to enable quick response. It is a free essential tool that not only supports risk management, but serves as leverage during a negotiation.
By comparing your business against industrial norms during negotiations, you can leverage for advantageous terms (such as better credit terms) to improve your cash flow and financial position.