Produce Credit

HOME

Good credit decisions require great credit information - and this is the best available. The PICC site Home page puts it all at your fingertips. The Business Headlines provide you with business news gleaned from other publications. There is also an archive of previous news and a link to the RBCS Daily Updates. The Latest Additions lists the newest entries to the Credit Watch report. These are firms, which pose an above-average credit risk to those selling produce. The First Alert section links to credit reports on those firms that have had significant rating changes or other contingent situations that impact credit decisions. Firm Search will direct you to the RBCS database. This search component will allow you to find any firm included in the RBCS database.

ABOUT

This is the best produce industry credit data available today - period.

The Produce Industry Credit Council (PICC) is a group of RBCS subscribers comprised of leading produce industry suppliers. This site is a result of conversations and meetings with a number of these companies who have been seeking ways to improve credit reporting in our industry. This PICC site is totally devoted to credit. It collates millions of pieces of credit data and presents that information in an easy to understand format that is updated daily.

HELP

Provides descriptions of the various reports available of the site and useful tips on site functionality.

To view the company names associated with credit information on this web site you must have a user id and password issued by RBCS Red Book Credit Service. If you are a current RBCS subscriber with a valid level 5 user id, enter it in the Log in box and you will have access to the reports on the site. The Aged A/R report is available exclusively to members contributing their A/R file to the site. If you wish to subscribe to the service, contribute your A/R file or to find out more information call RBCS at 800-252-1925 or email

rbcs@rbcs.com.

CREDIT WATCH

The Credit Watch list consists of firms that RBCS considers higher credit risk companies. The credit report will generally detail the reason that a company is listed. Click column headers to sort the report.

You can now see why a firm has been placed on the Credit Watch list. Each firm has been flagged with a 'Reason' code. By placing your cursor over a company name on the Credit Watch screen you will see the code explanation.

P = Pay Practices; past due amounts have been received from the trade
L = Legal/License Actions; PACA or DRC license actions have been reported on the firm
or legal action is being taken against the firm
C = Collections; reports from the trade have been received that this firm is undergoing
collection proceedings
B = Bankruptcy; this firm is in bankruptcy proceedings
O = Ownership; problems have been reported concerning the owners of the firm

BANKRUPTCY

A list of the most recent bankruptcies identified by RBCS. Specific details on the bankruptcy can be found on the firm's credit report. Click column headers to sort the report.

COLLECTIONS

A list of firms turned over for collection of their delinquent accounts. Click column headers to sort the report.

LICENSE ACTIONS

A list of firms that have had government actions regarding their authority to operate in the produce industry. These could include state, U.S. federal government, Canadian or Dispute Resolution Corporation (DRC) licensing actions. The credit report will have the license action details. Click column headers to sort the report.

AGED A/R

This is a list of past due accounts collated by RBCS. It is only available to Produce Industry Credit Council members that contribute their aged accounts receivable to the site. The receivables are aggregated here under the headings of Over 30, 45 or 60 days. A debtor must have at least $500 more than 30 days past due to appear on this report. Unless the reporting firm provides new data on the debtor, the amount previously reported expires at 40 days. This report may include delinquencies resulting from disputes. Click column headers to sort the report. The Aged A/R report displays the aggregated amounts from all related firms while a Credit Report only details an individual company's information. Famous (Versions 5 & 6) & Kirky software support PICC file creation. To find out how you can provide this file contact Lesley Chubick, lchubick@rbcs.com or your representative 800-252-1925.

MY ACCOUNTS

This is a list of the references that you have provided to RBCS. They are only accessible using your unique Password and ID. When you log in at this site, a cookie with this information is placed on your machine so you do not have to log in each time you visit. You can change your password, and add or delete references by contacting your RBCS representative at 800-252-1925. In the future, you will be able to maintain this list online. Click column headers to sort the report.

LEGEND

P= Average Days to Pay, R= Number of Pay Responses, Highlighted rows= Firm is on the 'Credit Watch' list, X= Firm is in 'My Accounts' list.

PRINTING

If you are having problems printing a non-report page where the body of the page does not print, click on the body of the page to select that frame and then click the print button. If you are receiving an ActiveX error message when trying to use the print button inside the web page, you may also right click within the report and choose the print option from the pop-up menu.

SEARCHING
Searching for specific companies can be accomplished by using the Search feature available on the Home page. This feature searches the complete database located at www.rbcs.com.