Once TemPay begins providing your temporary agency payroll funding, we monitor the creditworthiness of your customers 24/7 through its Dun & Bradstreet database. If we receive an alert for a decline in creditworthiness, we immediately notify you. Many of our clients have saved thousands of dollars in potential losses due to this capability, which we provide at no additional charge.
We also provide you with alternative methods to retain business if customers are not creditworthy. These include cash on delivery (you hand over payroll checks only when payment is made for that payroll), TemPay’s eCheck payment method or margin adjustment for additional credit risk.