PPAI Credit Services Powered By Forius (PPAI 204390, Professional Diamond)
Ideal Customer:
An Affinity Partner, PPAI Credit Services powered by Forius offers objective and comprehensive credit reports for the promotional products industry. It supports suppliers with a credit department of one or more looking for a way to manager their customers, and distributors looking for a better way to approve credit orders. Its typical customers report revenue of $1 million-plus and have credit departments with staff of one or more.
The Solution:
Through its suppliers credit group, PPAI Credit Services powered by Forius provides credit information on industry distributors both large and small. It shares payment history via group meetings and a secure website built for the promotional products industry. PPAI Credit Services powered by Forius also allows distributor members to access their own industry credit report for free.
- In addition to credit reports, the company offers various credit solutions from Experian, Equifax and D&B.
Also, the company offers suppliers networking, education and solutions to day-to-day needs in the credit world. For distributors, it offers and economical solution with low cost options to credit information.
Costs & Terms:
The suppliers group membership is an annual service renewal. Additionally, suppliers and distributors can access credit report services on via as needed, monthly or annual pricing options to suit their needs.
Testimonials:
As a credit manager responsible for thousands of accounts, I find the PPAI Credit Services powered by Forius invaluable for several reasons. The first is the credit reports which are more relevant than a generic credit report as the companies reporting their information are specific to this industry and information is updated monthly. The second is the e-flash reports which provide immediate notification of any major change to a distributor whether it be payment trend or new ownership. The biggest benefit to being part of this group is the relationships forged with my peers. At a given meeting there is literally hundreds of years of credit experience in the room, and their knowledge and willingness to share openly about best practices simply can’t be found elsewhere.
– Mike Hopkins, Director of Credit, Imperial (PPAI 133496