Industrial distribution
Open commercial accounts with a consistent process while sales, branches, and credit teams coordinate customers, references, limits, and payment terms.
Industrial customers may need parts quickly, but a rushed account-opening process can leave finance with incomplete details. For example, a branch can take a first order by card or deposit while a $40,000 Net 30 request stays in the normal review queue. The exception is explicit; urgency does not silently become an unsecured limit.
Centralize the credit file while keeping local teams informed.
The original request, supporting evidence, decision, and conditions become a reference point when exposure grows or a customer asks for a higher limit.
Workflow example
Use these prompts in a branch-credit handoff so finance receives commercial context without giving sales or counter staff approval authority.
TradeCredit.ca organizes the application, reference responses, follow-up, and audit trail. Your team evaluates the evidence and makes the credit decision.
Questions credit teams ask
Yes. A common intake and decision process can improve consistency while retaining the branch context needed by the credit team.
No. TradeCredit.ca supports the application and approval workflow; the ERP remains the system for customer accounts, orders, invoices, and balances.
Your policy can define deposits, prepayment, temporary terms, or escalation paths. The workflow documents rather than invents those exceptions.
Your credit policy should identify authorized roles and approval thresholds. The software helps route and record that authority.
Canadian supplier pilot
Join the TradeCredit.ca pilot for Canadian supplier credit teams.