1. Implementing Receivables Credit to Cash
  2. How You Import Third-Party Credit Data for Data Points

How You Import Third-Party Credit Data for Data Points

You can import credit data from third-party credit services for use as data point values in your scoring models.

You can import credit data for these data point categories:

  • Bank References

  • Business Information and Credit

  • Collateral

  • Financial Data

  • Guarantors

  • References

  • Trade References

  • Venture Funding

  • Additional data points (data not covered by the available categories)

Use the Upload Credit Data Template worksheet to enter customer credit data from third parties using data point categories, data points, and data point values. Use the Import Credit Data process of the Load Interface File for Import process to upload the completed worksheet.

To upload credit data from a third party credit service:

  1. Download the Upload Credit Data Template.

    Review the information on the template Instructions tab.

  2. Complete each row in the worksheet for the customers and data point values you want. For each data point value, enter:

    • Customer party number (registry ID)

    • Customer account number, if the data is applicable to a customer account only

    • Data point category

    • Data point name

    • Data point value

    • Data point value currency

    Note: You can only enter one data point value for the same combination of customer, customer account, data point category, and data point name.
    Note: The Currency column is required for most data points that take a numeric value, such as Bank References average balance and current balance, Venture Funding amounts, and most Financial Data. See the Upload Customer Credit Data Template instructions for details.

  3. After completing the template, generate the .zip file for upload.

  4. Navigate to Scheduled Processes.

  5. Navigate to the Load Interface File for Import process.

  6. In the Import Process parameter, select Import Credit Data.

  7. In the Data File parameter, select the .zip file you generated in step 3.

  8. Submit the Load Interface File for Import process.

    Note: If data point values already exist, the newly imported data overwrites the existing values.

  9. Review the completed upload process, and review the log file for upload errors and for any rows that failed to import successfully.