Smyth hosts the B2B trade data interchange whereby creditors submit their A/R payment data monthly. The data is scored and anonymously reported along with other suppliers to track customer payment trends, all accessible over the web to assist in making quicker credit decisions.

Smyth presently manages over 50,000,000 trade references on 2 million businesses with a powerful system with automated data matching and processing capability.

Why contribute your A/R payment information to the Industry Trade System?

• It is anonymous – your company name is not shown anywhere
• To improve the credit granting process
• So you and other creditors can have access to industry trade experience
• So you can see how customers are paying you vs. your peers, and how they are paying by industry sector
• To receive special prices on payment scoring, trade and credit reports
• To receive alerts when one of your customers file bankruptcy

We make the data process painless, and provide powerful reporting and industry analytics. Data is submitted over a secure FTP site in a standard format. We do an initial map of your data to the ITS, and it is automated thereafter.

Simple, effective and beneficial to your company and the industry.

Further, the aggregated data is scored showing the probability of getting paid on time.