Business Pencil Score
Know who to give trade credit to, how much and for how long with the Pencil Score.
Know who to give net terms to, how much and for how long.
If you regularly lend goods on net terms, the Pencil Score is an additional layer of information to add to your toolkit when making credit lending decisions.
The Pencil Score is a predictive trade credit score that displays the likeliness of a customer paying you on time.
We utilize machine learning technology to assess companies’ payment activities to give you a score between 1-1000. 1000 being the best score.
This helps you discover if a business that wants to buy from you is a creditworthy customer.
Who should use the Pencil Score?
The Pencil Score is for all businesses who supply goods on net terms.
The score is viewed in your dashboard of all your onboarded customers, giving you a centralized view to make better decisions.
Pencil Score History
View the change in your customer’s Pencil Score over time to see how they are tracking with their payments. Not only to you but to other suppliers.
Over 3000 businesses worldwide pay, or get paid through Pencil.
We'll help you get started
- In 15-mins, we can help you configure the platform, set your trading terms and add the application portal to your website.
- You can either use the set of terms and conditions we provide, or use your own.
- If you need help with onboarding your existing customers for automated billing, we can help.
- We provide as much training and support as you need , so you can get the most out of PencilPay.
Get better insights into your customer's payment behaviors today!
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