Our work : Experian
Experian: Ledger 360
Creating a brand new web service for credit management
Late payments
Late payments are a real threat to businesses, large and small. Research from the Forum for Private Business shows that late payments endanger the financial stability of nearly three quarters of companies. Live|work were engaged by Experian to create a new service that uses payment data to help businesses manage their debtors and improve their credit control.
Reducing risk exposure
Live|work found that companies struggled to understand their risk exposure, to manage credit collection pro-actively and to use existing ledger software effectively. In response to these needs we created Ledger 360 – a service that allows businesses to quickly and easily get an overview of their risk.
Ledger 360 works by combining a business’ own sales ledger information with data from thousands of other businesses’ books of current and historical payments, showing managers where their greatest risks lie and highlighting which creditors to pursue first. This helps reduce payment defaults, increases revenue and enables companies to make informed decisions about potential new business clients.
Launch & earn
Ledger 360 has proven to have a significant impact on business performance. In May 2007, Experian launched a pilot service that made nearly £1m in just 12 months. Since then it has become one of Experian’s fastest growing Business Information services.
“The testament to their work is the extent to which our organisation is now using either their team or their methodologies”
Jo Howard – Marketing Director, Experian Business Information
www.experian.com
www.ledger360.co.uk
Ben Reason
Director
Contact Ben on 020 7377 9620.
Client list :
Financial
- Experian
- Gjensidige
- Itau Bank
- NCR
- Norwich Union
- PFA pension
Transport
- BAA
- Danish Rail
- EurotaxGlass’s
- NE Ambulance Service NHS Trust
- Opplandstrafikk
- Ruter
- Streetcar
- Volkswagen
- WhipCar
Telecoms
Media
- BBC
- Channel 4
- Faber & Faber
- Microsoft/Fast
- Yell
Health
- Department of Health
- InnoMed
- Macmillan
- NHS – Ealing PCT
- NHS Innovation & Improvement Institute
- NHS – Luton PCT
- Norwegian Knowledge Centre for Health
Public Sector
- British Standards
- Central Bedfordshire Council
- Haringey Borough Council
- Home Office
- Kent County Council
- Ordnance Survey
- Post Office
- Royal Mail
- Skills Development Scotland
- Sunderland City Council
- The Cabinet Office
Environmental-Sustainability
Manufacturing
- FIAT
- Johnson & Johnson
- Laerdal Medical
- Nokia
- P&G
- Samsung
- Sony
- Sony Ericsson
Economic-Development
- Design Council
- Hong Kong Design Center
- NESTA
- Norwegian Design Council
- Scottish Enterprise
- The Danish Enterprise and Construction Authority
Retail
- Boots
- Dixons
- FINN.no
- Tesco
Voluntary Sector
Cultural Institutions
- Baltic
- National Maritime Museum
- The Deichman library
