In a GraydonCreditsafe credit report, you will find various scores, limits and indicators to complete the (financial) picture of a company. In addition to the credit limit, risk score and international score, you thus also have an indicator for payment behaviour and an extensive analysis of payment experiences. In practice, it sometimes happens that this indicator for payment behaviour and experiences differs from your own findings. Your customer may pay better/worse than what is reflected in the company report. What this could mean and how to deal with it, you can read in this blog article.
As a business information office, one of the things we do is accurately chart the payment behaviour of Belgian companies. Clients regularly ask us why their client's payment behaviour in a company report does not match their experience. There can be several reasons for this.
Indicator payment behaviour according to effectively paid invoices
The payment behaviour indicator shows the extent to which a company pays its invoices on time. It answers the question "How likely is it that I will be paid on time?". We calculate this based on the payment data companies have provided us with.
The figure you find in a credit report is ultimately the result of a weighting calculation applied to the payment experiences reported to GraydonCreditsafe by different suppliers. Recent experiences are weighted more heavily in this respect. All behaviours are reduced to a score between 0 and 10. The higher the score, the better.