Data solutions

Technology plays a key role in CreditWorks ability to provide innovative, effective credit solutions such as the CRISworks system.

As a registered user, you have access (via the Internet) to the outstanding debt of companies who do business with all other registered users. This information is offered in real time, reflecting 30, 60, 90, and 120-day debt. At a glance you are able to see what level of exposure other businesses have to a client or potential client. You are then equipped with the information you need to make a decision as to whether you want to do business with them or not.

Business leaders spanning a wide spectrum of industries recognise the benefits of this system for increasing cash flow, reducing bad debt and, ultimately being in a position where they do not have to chase delinquent payments. 

CreditWorks was initially formed in response to a series of high profile losses in the building and construction industries. Its mission was to minimise potential losses by providing sound and reliable 'Credit Referencing Information based on real time positive trade debtor data'.

CRISworks has a Watchdog monitoring system – Set&Forget.  This allows members to place accounts on a parameter-driven monitoring process – enabling them to identify problem debtors earlier.   Click here for more details on Set&Forget