Finance and AdministrationPurpose
1.2. Reduce manual intervention, streamline finance administration, and ensure eligibility screening based on financial health.
1.3. Integrate buyer onboarding systems with external credit bureaus to instantly validate creditworthiness before order processing.
1.4. Ensure compliance with internal risk policies and external regulatory requirements for wholesale transactions.
1.5. Trigger real-time notifications and approval workflows upon credit outcome.
Trigger Conditions
2.2. Registration data includes required fields: company name, registration ID, tax/VAT, contact, and consent to credit processing.
2.3. Data validation passes for minimum information criteria.
2.4. Buyer type is tagged as “Wholesale: Compressors—Industrial Equipment.”
2.5. Flag is set for buyers with first-time applications or annual review required.
Platform Variants
• Feature/Setting: Business Credit Report API; configure API key, input company registration/IRS/EIN, receive risk score.
3.2. Equifax Business Connect
• Feature/Setting: Real-time Credit Decision API; set up request for commercial credit score with automated webhooks.
3.3. Dun & Bradstreet Direct+
• Feature/Setting: D-U-N-S Number Lookup; schedule POST request on onboarding event for D&B credit check.
3.4. Creditsafe Connect
• Feature/Setting: Company Report API; map entity data for auto-pull of latest financials and payment status.
3.5. Salesforce
• Feature/Setting: Flow Automation; configure trigger on “New Account” with integration to credit bureau APIs.
3.6. Zoho CRM
• Feature/Setting: Workflow Rules; set workflow for “New Lead (Wholesale)” to call external API via webhook.
3.7. HubSpot
• Feature/Setting: Custom Workflow Action; route new company creation to external credit check via webhook.
3.8. Microsoft Power Automate
• Feature/Setting: Automated Cloud Flow; trigger on Dynamics 365 “New Customer” event, connect to credit API.
3.9. SAP Business One
• Feature/Setting: B1iF Integration Framework; schedule API call on “Business Partner Add” event for credit validation.
3.10. QuickBooks Online
• Feature/Setting: New Customer Trigger; integrate third-party API (Zapier/Custom App) for credit inquiry.
3.11. Xero
• Feature/Setting: WorkflowMax API; fire external credit check on new customer creation.
3.12. Adobe Sign
• Feature/Setting: Agreement Completion Trigger; on digital signature, initiate credit check API task.
3.13. DocuSign
• Feature/Setting: Envelope Sent/Completed Webhooks; upon contract sign, trigger credit check process.
3.14. Slack
• Feature/Setting: Incoming Webhook; send alert to finance when credit check result is received.
3.15. Gmail
• Feature/Setting: Auto-send email to Finance role with buyer details and credit result using Gmail API.
3.16. Twilio SendGrid
• Feature/Setting: Transactional Email API; notify buyer of status upon credit result completion.
3.17. AWS Lambda
• Feature/Setting: Webhook Endpoint; execute serverless function to process and parse credit API response.
3.18. Google Sheets
• Feature/Setting: App Script Trigger; update central “Wholesale Buyers” sheet with credit status and date.
3.19. Monday.com
• Feature/Setting: Automation Rule; change buyer board status via custom integration with credit API endpoint.
3.20. Zapier
• Feature/Setting: Multi-step Zap; map onboarding trigger to credit check, decision update, and notification pathways.
3.21. Pipedrive
• Feature/Setting: Deal Created Trigger; configure action to invoke external credit check and log result.
Benefits
4.2. Delivers real-time risk assessment and eligibility status for new wholesale buyers.
4.3. Ensures consistent, objective, and documented credit decisioning.
4.4. Accelerates onboarding cycles and boosts customer satisfaction.
4.5. Reduces risk of onboarding non-viable buyers in industrial equipment wholesale.