Supplier credit applications

Benefits to YOU 

 

  • YOU will be ensured that there are no surprises hiding in YOUR suppliers’ credit applications that can negatively influence YOUR business.

 

  • YOU will be ensured that YOU get maximum payment terms from YOUR supplier without negatively reflect on YOUR business. 

 

GUARANTEE: If for whatever reason CBSN does not meet its agreed deadline, YOU only pay for the portion of work done and the rest of the work CBSN will complete for FREE (excludes Government institutions). Terms apply.

 

DISCOUNTS: Combining the three projects (supplier credit applications, supplier GTCs and vetting of suppliers) into one will entitle YOU to great DISCOUNTS. Refer to the supplier GTCs and vetting of suppliers pages for more information. 

 

What we do 

 

  • We scrutinize YOUR suppliers’ credit applications from a financial and legal view to ensure that YOU are not “on the losing side”.

 

  • We either negotiate proper terms with YOUR supplier or advise YOU on what YOU need to negotiate on

 

  • We can run a project to get YOUR suppliers to submit up to date signed supplier credit applications.

 

  • Best practice is to renew signed supplier credit applications every year for YOUR top ten suppliers and at least every three years for YOUR other suppliers.

 

  • We keep a proper register of when supplier credit applications need to be renewed.

 

  • Projects such as proposed above can be tried in-house. It has been proven that this approach is not effective as in-house people are always “overworked” and do not realize the importance and urgency of such a project so there is always something more urgent for them to do. Rather outsource this function to CBSN who knows the importance and urgency of the project and that will make resources available to get it done

  

  • We care about YOU and YOUR business.

 

  • We keep to our agreed deadlines, always, every time.

 

What is YOUR liability?