Issue 371 (Week ending 30/04/2019)

Finding the right balance between risk and reward can be a difficult and time consuming task, but the suite of business information solutions on CRIF Vision-net.ie are designed to assist you every step of the way.

Our intuitive and user-friendly service monitors your corporate customers for you and alerts you of changes as they occur. We analyse their latest updates. Capture movements in their financial strength. Monitor them for signs of potential risk, bad debt or worse, insolvency. But that's only the start. We then run advanced analytics, looking at over 300 individual risk factors per customer to give you a simple green, amber or red light rating and an easy-to-follow credit score.

The next day, the process starts again so that you're constantly being provided with the most up-to-date information. In fact, using the latest technology, we run advanced analytics on your customers and potential customers 365 days a year. So when an agent signs up a high risk customer, you have the latest credit analytics available to quickly identify them and tighten your credit limits.

You can then easily forward the latest credit report on to an agent, with evidence based data justifying your lower recommended limit.

Here's just a few reasons why it pays to use our credit reports:

Accuracy - they're predicting over 80% of corporate insolvencies up to 6 months in advance.

Cost v Benefit - our reports are priced extremely competitively and could end up saving you from bad debts and slow payers.

Risk Mitigation - it's always good to continually monitor your client base and potential new business targets to ensure they will not be a burden on your cash flow.

Automate Workflows - as well as manual checks, we can also provide more automated periodic reviews of your client base to inform you of any potential issues.

Gain a Competitive Advantage - it's not just about risk ratings with our credit reports. They each contain a wealth of information that can be useful a number of different departments including Credit Control, Sales, Business Development etc. That bit of extra information can be the difference in securing or enhancing business relationships.

To access Credit Checks on any company, business or individual you deal with, simply login to Vision-net.ie today. And if you'd like to know more about any aspect of our credit reports call us on Tel: +353 1 903 2660 or email helpdesk.vision-net@crif.com today.