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© Copyright 2012 G2 Link. All rights reserved. Business, Trust and Reputation
15

B2b credit middlemen

Jul 11, 2015

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Page 1: B2b credit middlemen

© Copyright 2012 G2 Link. All rights reserved.

Business, Trust and

Reputation

Page 2: B2b credit middlemen

Executive Pressure!

• Grow the Businesso More customers, more deals and

more Revenue

• Sales Performanceo Can you Reject a new deal?

o Commissions paid if customers

slow pay?

o Meeting quota?

• Protect Revenueo Will the new customer pay?

o Will existing customers pay?

Page 3: B2b credit middlemen

What’s the Cost?

• In a 10% Net Margin

Business

• A $10,000 Loss

• Requires $100,000 NEW

Business

$(10,000)

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

$100,000

Loss New Business

Page 4: B2b credit middlemen

Best Practice?

• Check Credito Church of B2B Credit

o Questionable Accuracy

• Check Referenceso In Network?

o Back Channel?

o Company Provided?

• Problem:o Expensive

o Time Consuming

o Not Reliable

Page 5: B2b credit middlemen

Credit Middlemen

• Charge to Check Credit

• Charge to Report

• Lots of Bottlenecks

• Based on Accounting

Page 6: B2b credit middlemen

Accounting is Archeology!

• Rearview!o Balance Sheet

o Profit and Loss

o Cashflow

• Non-Predictiveo Will they Pay?

o Will they Survive?

Page 7: B2b credit middlemen

They Don’t Grant Credit!

• They give you a numbero Telecom Pay History

o Utility Pay History

• YOU Make the Callo Deal Size

o Risk

• They Can’t Scaleo 40M Businesses

o Index Cards and Phone Calls

Page 8: B2b credit middlemen

Businesses Grant Credit to Each Other

• Set the Termso Amount

o Timing

o Increases

o Decreases

• Bear the Risko Slow Pay

o Someday Pay

o No Pay

Page 9: B2b credit middlemen

B2B is Unique

• Recurring Relationshipso Long Term

o High Value

• Multi-Dimensionalo Customers

o Vendors

o Partners etc.

• Business Failure is a

Processo Not an Event

Page 10: B2b credit middlemen

What’s the Solution?

• Free the Datao As in Open

o Data is the Value

o Data owned by Companies

• Socialize the Ratingso Peer Generated

o Wisdom of Crowds

• Fix the Processo Don’t Check, Monitor

o Complete View

Page 11: B2b credit middlemen

Rate Companies

• Based on Your

Experience

• Rate Customers

• Rate Vendors

• Rate Partners

Page 12: B2b credit middlemen

Monitor Companies

• Monitor Single

Companies

• Monitor Groups of

Companieso Customers

o Vendors

o Partners

Page 13: B2b credit middlemen

Get Alerts

• Email Alerts

• Company News

• Announcements

• Rated by Others

Page 14: B2b credit middlemen

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• G2Link is used by

FINANCE, SALES & MARKETING

professionals to…

Page 15: B2b credit middlemen

© Copyright 2012 G2 Link. All rights reserved.

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