Issue 420 (Week ending 07/10/2020)

There's a good chance your customers and competitors have just filed their latest financial accounts! You can access them today on your CRIFVision-net.ie account.

As we head into the final quarter of the year, the financial year end for many companies is only around the corner. This year will see more companies than ever before file their latest financial accounts by the 31st of Oct. While we're entering peak filing time in any normal year, this month we will see a large influx of company accounts, as companies who opted to postpone filing returns during spring and summer to avail of the extended Covid submission deadline, are now due to submit their returns by the 31st of Oct.

We have already seen a sharp increase in the number of financial documents being uploaded to CRIFVision-net.ie over the last two weeks. These have also trigger multiple updates and movements to Credit Scores and Credit Limits. You can access the latest filings today on CRIFVision-net.ie

Thousands of Documents Uploaded Each Week

This week alone saw over 5,500 financial documents uploaded to CRIFVision-net.ie with Legal, Accounting & Business, Construction and Leasing seeing the most submissions.

Not only does this mean that there are so many more documents to view/download but over the coming week thousands of Credit Reports will be updated with the latest information/changes to reflect new filings. Many of your customers, competitors and suppliers are likely to be included in these cache updates. Many of these documents have been uploaded on time in accordance with a company's ARD (Annual Return Date) although some companies do not submit on time which can lead to fines and enforcement proceedings.

Changes to Credit Reports

Once a new document is uploaded to the CRIFVision-net database it is analysed and each company's credit report will be updated. For financial accounts, this could mean changes to credit scores, credit limits, liquidity and much more. These changes you the very latest details on a company and in turn will allow you to make more confident decisions based off this information.

Alerts Straight To Your Inbox

With so many companies filing financials it can be easy to miss an important update. That's why CRIFVision-net's alert system, monitors all of the companies important to your business on your personal monitoring list, and as soon as any changes occurred we notify you straightaway by email, free of charge. You can then decide whether you'd like to view the full report or not. This takes the strain away from manually keeping an eye on the changes to the companies that matter to you. To add companies to your alerts list simply click here

As always if you have any questions in relation to your CRIFVision-net account - just email: helpdesk.vision-net@crif.com or Tel: 01 903 2660