Industry

Primary Objective 

A forum for a group of Industry Credit Personnel to gather and exchange factual information concerning a customer’s ability to pay to the agreed terms.

This enables participants to identifying early signs of risk within the guidelines of the Competition and Consumer Act.

What are the benefits?

• A reduction in exposure to bad debt
• Hi-light customers that are forced to transfer between suppliers due to non-payment
• Access to the TBA Trade Reference Data Base (300,000 References)
• Provide the opportunity to discuss specific industry related problems
• A Bureau is an excellent vehicle for obtaining independent references on new accounts
• Identify payment trends in your industry

What are your obligations?

• To contribute to the content of the meeting
• To ensure complete confidentiality of information exchanged
• To commit to regular attendance

Trade Bureaux Australia has 60+ years of industry experience and has vast access to Accountants, Liquidators and a network of legal advisors who assist to keep our members fully informed and up to date on the following:

• PPSA Regulations
• Understand the collection guidelines issued by ACCC & ASIC
• Privacy provisions / Competition and Consumer Act
• Misuse of information
• We are able to provide Guest Speakers on other relevant matters

How do Trade Bureaux Work?

• Each member forwards to TBA a list of accounts for discussion.  TBA then compiles a book with all submissions.
• The member then makes notes on accounts that they can comment on.
• A meeting is convened and facilitated by an independent chairperson provided by TBA.