Am I allowed to share my participation?
Program Highlights
- Trade Exchange Program Overview
- Submit Trade Payment Data
- Trade Payment Data FAQs
- Why do businesses submit trade payment data?
- Do you support my accounting, CRM or ERP system?
- Am I allowed to share my participation?
- Is my data safe?
- Is it time consuming to submit accounts receivable?
- What if we already report to another credit bureau?
- What if we have divisions that use different accounting systems?
- What if it's our company policy to not report to anyone?
- What if we have group of accounts that are offered special terms?
- Do my files have to be in the same format each month?
- How do we get access to 3D Ledger?
Yes.
In fact, many of the companies that submit trade find it beneficial to share their participation with their partners and vendors.
It can serve two purposes:
- Positive incentive for them to pay you on time since it's clear that late payments will impact their credit scores
- Positive incentive to work with you if they're looking to build their business credit since paying their bills in a timely fashion to you will impact their credit scores
There are many ways to share your participation, but three common ways are:
- Include one of the following graphics on your website
- Include one of the following graphics within the email signature of relevant staff
- Include one of the following graphics on your invoices and reminder letters
Red Logo on off-white
Code to include the white logo on your website:
<a href="https://www.creditsafe.com/us/en/credit-risk/collections/trade-payment-data.html"><img src="https://www.creditsafe.com/content/dam/us/logos/tpd-white.png" alt="we report to creditsafe" style="width:300px;"></a>
White logo on black
Code to include this logo on your website:
<a href="https://www.creditsafe.com/us/en/credit-risk/collections/trade-payment-data.html"><img src="https://www.creditsafe.com/content/dam/us/logos/tpd-black-white.png" alt="we report to creditsafe" style="width:300px;"></a>