TradEnable Xtra is a trade credit limit management facility designed to set and maintain customer credit limits using uploaded sales ledger data.
TradEnable Xtra is a simple to use, yet highly effective credit limit management platform designed to be used in conjunction with an AIG trade credit insurance policy. It delivers the combined benefits of credit limit certainty, simplified administration and the potential for reduced credit limit costs.
When used with an AIG ‘Non Cancellable’ policy structure it provides credit limit certainty both above and below a discretionary limit. The uploading of customer trading experiences in TradEnable Xtra means credit decisions are based on the most up-to-date information available, including easily overlooked key warning signs buried deep in ledger data.
TradEnable Xtra works by the policyholder uploading a regular excel file of customer trading history from their accounting software. It then uses this data to establish trading experience-based credit limits.
Trading experience directly influences the value of customer credit limits, so expect higher credit limits on strong customers who pay promptly and lower credit limits on more delinquent customers.
Uploading a regular file of data from accounting software is easy and our platform matches buyers to a DUNS number.
It also establishes accurate trading experience limits and identifies overdue accounts. It will calculate the cost of carrying delinquent customers and will automate any overdue reporting required to comply with AIG Trade Credit policy terms.