Upload
creditsafeuk
View
83
Download
1
Embed Size (px)
Citation preview
Commercial Credit Management Suite
22
Your world leader in commercial credit information
At Creditsafe, we take the headache out of risk management. We’ve built the world’s largest owned database of more than 190 million company credit reports across 50+ countries so that you can instantly tap into it, make good decisions faster, and sit back and relax with peace of mind.
More than 200,000 professionals rely on the information we hold to provide accurate, real-time credit risk information on their customers. Why not join them today?
It’s not only the size and accuracy of our database that has put us ahead. By giving you instant online access to credit information in more than 50 countries, at a low cost, we help companies just like yours reduce exposure to credit risk and defaulted payments quickly and easily.
Introduction
3
Commercial Credit Risk UK & Ireland Company Credit Reports ........................................................................................................................................... 5 – 7 International Credit Reports ..........................................................................................................................................................8 – 12 Monitoring ................................................................................................................................................................................................ 13 Batch Credit Checking ............................................................................................................................................................................ 14 Director Reports ....................................................................................................................................................................................... 15 Non-limited & Sole Trader Reports .............................................................................................................................................16 - 17 Blended Sole Trader Credit Reports ................................................................................................................................................... 18 Reminder Letters ..................................................................................................................................................................................... 19 Debt Recovery .......................................................................................................................................................................................... 20
Consumer & Compliance Risk Consumer Credit Reports ............................................................................................................................................................. 22 – 23 Debtor Tracing ................................................................................................................................................................................ 24 – 25 IDVerification ........................................................................................................................................................................................... 26 Anti-Money Laundering ......................................................................................................................................................................... 27 PEP & Sanctions Screening .......................................................................................................................................................... 28 – 29
Integrated Solutions Pre-built Integrations ............................................................................................................................................................................. 31 Company Data API .......................................................................................................................................................................... 32 – 34
Index
3
4
Commercial Credit Risk
5
UK & Ireland Company Credit Reports
Our Creditsafe Company Credit Reports for the UK & Ireland are accessible instantly online, accurate, crystal clear, easy-
to-digest and already trusted by over 200,000 professionals worldwide. Straight from our privately owned database (which
is updated over one million times a day) so you know it’s fresh and spot-on accurate.
Getallyouneedtoknowaboutacompany’screditriskinaflash.Foraquickconfidentdecisionandpeaceofmind.
With every report you get;
To do business, or not to do business – that is the question
• A Creditsafe score & recommended credit limit
• Fiveyearsoffullcompanyaccountsinformation
• Complete trade payment history
• CCJ & adverse credit information
• Company linkages and holding companies
• Owner and director details
• Negative press & media commentary
• Original Companies House image documents
• Our commentary and guidance
Allthisandmoredeliveredinstantlyonline.Forspeed,convenienceandcost-effectivenessyoucan’tbeat.
6
CCJ & adverse credit information
View full details of County Court Judgments
and their value.
Owner and director information
Know everything about them including past and
current ownerships and directorships.
Company linkages & holding companies
See every company they’re linked to, home
and abroad and view the performance of
the ultimate holding company.
UK & Ireland Company Credit Reports
Why our reports are all you need
Company credit score
Calculates probability of a company becoming
insolvent within the next 12 months, based
on 150+ parameters, as well as economic and
industry factors. You get a nice clear 1-100 score.
Complete trade payment history
Analyse the value of late and outstanding
payments as well as the average number of
days beyond terms.
Five years of company accounts
Viewfullfinancialsfromthelast5years
includingTurnover,Profit&Loss,Shareholder
Funds,TradeDebtors,Cash,Assetsandmuch
more.
7
Creditsafe commentary
Firstpagecommentaryhighlightsallthe
key areas you need to be aware of and their
possible positive or negative impact.
UK & Ireland Company Credit Reports
Official filed documents
Vieworiginalcompanydocumentsasfiled
atCompaniesHouse,includingallfinancial
and auditor reports, director changes and
incorporation-related documents.
Media commentary
View all mentions of the company in the
mediaincludingnegativepress.Filterby
risk terms and monitor any updates.
Everything you need to make good decisions faster!
88
International trade made simple
9
International Credit Reports
Tap into the world’s largest owned company database in seconds for detailed information on over 190 million companies
worldwide. Get your report instantly online for our 50+ major countries, and just 2-10 working days for the rest of the
world. Just because a company is 1,000 miles away doesn’t mean you should have to wait.
Russia
Serbia
Slovakia
Slovenia
South Korea
Spain
Sri Lanka
Sweden
Switzerland
Taiwan
Ukraine
United Kingdom
USA
Albania
Australia
Austria
Bangladesh
Belgium
Bosnia & Herzegovina
Brazil
Bulgaria
Canada
China
Croatia
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greenland
Hungary
India
Ireland
Italy
Kosovo
Latvia
Liechtenstein
Lithuania
Luxembourg
Macedonia
Malta
Mexico
Moldova
Montenegro
Nepal
Netherlands
Norway
Pakistan
Poland
Portugal
Romania
Instant report availability:
10
International scoring made simple
To make things easier for you when trading internationally, we have created an international score. This allows you to
compare company credit scores across the globe; having peace of mind throughout every country you trade in. By using
the same scoring range and risk descriptions for all countries, we make it easy for you to compare reports.
Our score is designed with simplicity, ranging from A-E, A being the lowest risk, D being the highest risk and E being
unrated. It measures the likelihood of a company becoming insolvent within the next 12 months.
Rating Description
VeryLowRisk Proceedwithtransaction–offerextendedtermsifrequired.
Low Risk Proceed with transaction.
Moderate Risk Proceed with caution and monitor closely.
High Risk Request assurances before extending credit in the form of personal guarantees.
NotRated Insufficientinformationtoassignariskscore.Eithernoinformationisavailabletoindicatethe company is trading or further investigation is needed.
International Credit Reports
11
International Credit Reports
Fresh commercial insight when you need it
Sometimesthereisaneedtofreshlyinvestigateaninternationalbusinessyoubelievemaybeexperiencingfinancial
difficultyorgoingthroughchanges.Creditsafewillfreshlyinvestigateanybusinessthatisnotavailablewithinourlive
online database of more than 190 million companies worldwide.
Freshlyinvestigatedcompanycreditreportsareusuallyavailabletoviewonlinewithin2-10workingdaysandprovide
invaluable insight that might not have come to light through the usual channels.
Creditsafe will freshly investigate and verify;
• Business name and trading location
• Changes that may have recently occurred
• Verificationofownershipandseniormanagement
• Financialassessment
• Creditworthiness and credit limits
• Any adverse business dealings
12
Freshly investigated whenever the need
l 2-4 Days
l 5-7 Days
l 8-10 Days
International Credit Reports
Freshinvestigation
speed of service*
* The average time taken to deliver a fresh investigation in 2015
13
Worldwide company monitoring
Monitoring
Receive alerts on:
• Rating changes
• Credit limit changes
• Annual accounts
• Company status changes
• County Court Judgments
• Director changes
• Adversecreditnotifications
• Online media mentions
Peace of mind comes from knowing you’re safe – with existing customers just as much as with new ones. With our Risk
Tracker company monitoring service you’ll get an email any time there’s a change in a company’s credit score or limit.
Essential for keeping an eye on your customers, suppliers and competitors. No one likes missing out; we’re here to make
sure you don’t.
Talk to our team for bespoke and advanced company monitoring solutions.
Monitor companies in:
Belgium,Finland,France,Germany,
Ireland, Italy, Netherlands, Norway,
Sweden, United Kingdom and USA
14
Credit check your entire ledger in a flash
Managing customers’ credit risk can be a tricky task, especially when you have a large number of repeat customers.
By sending your customer list to Creditsafe, we can match it against our worldwide database and enhance it with
up-to-date credit risk scores and maximum recommended credit limits.
Records matched to the Creditsafe database can be automatically monitored so that
you receive updates as soon as there are any changes in your customers’ credit risk.
Records can also be enhanced with additional key information including:
• Current and previous credit scores and limits
• Company registration details
• Keyfinancial&employeenumbers
• Director and shareholder names
• County Court Judgment (CCJ) information
• Industryandbusinessclassifications
Batch Credit Checking
15
Itpaystofindoutwho’sbehindacompanybeforemakingdecisions.OurDirectorReportwilltellyouataglancewhothe
owner or director is and their history – critical information to know whether you should trust them or not.
Our Director Reports include:
• Fulldirectordetails,dateofbirthandaddress
• Current and previous directorships
• Appointment and resignation dates
• The credit rating of previous companies at time of resignation
• Fullshareholderdetails
Approachwithconfidenceandfinesse.
When you know exactly who you’re dealing with, the top individuals
behind the scenes, you also have the upper hand when approaching
a company with payment terms.
Trust is all about people
Director Reports
Director Illustrator
16
Smaller traders needn’t mean bigger risk
17
Non Limited & Sole Trader Reports
Trading with sole traders and non-limited companies can be a risky business, especially if you are supplying goods or
servicesoncredit.Creditsafenon-limitedandsoletradercreditreportsprovideverifiednon-limitedcompanydetailson
more than 3.2 million non-limited businesses, including:
• Company name and address • Website address
• Business owner name • Number of employees
• Verifiedtelephonenumber • Premises type
Our non-limited company information is enhanced with additional credit risk information to provide a reliable and
predictive credit score and maximum recommended credit limit, such as:
• Trade Payment History from previous and current suppliers
• County Court Judgments & defaulted payments
• Bankruptcies registered against the address or senior executive
Thisprocessisthoroughlyfollowedandisproventoaccuratelypredictpossiblefailureswherethereislittleornofinancial
information available.
18
When dealing with sole traders, knowing who to trust can be tricky. You’re often
faced with no accounts, little payment history, few credit credentials, and no
trading background.
So how do you know if they’ll pay on time… or at all? Well the good news is smaller
traders needn’t mean bigger risk. With consent, Creditsafe Blended Credit Reports
giveyouallyouneedforpeaceofmindandconfidentdecisions.
They include:
• A blended credit score based on business and consumer credit information
• Owner & Business CCJ & Insolvency information
• Recent credit search history against the owner
• Demographic information of postcode area
• Fullelectoralrollinfoandtimeataddress
• Trade payment history from previous suppliers
Blended Sole Trader Reports
You can trust the little guy too
19
Chances are, you’re not in the business of debt recovery. Creditsafe
understands that this can be a time-consuming endeavour, and that is
why we developed and automated a debt collection service that gives
you the power of debt collection with the ease of automation.
The service allows you to create and send professional debt recovery
reminders to your customers in seconds, freeing you up to do what you
do best; run your business.
Because letters are sent directly from a credit reference agency, your late
paying customers are much more likely to respond and arrange payment.
You can also choose to share payment information with Creditsafe which
couldaffectacompany’screditscore.
A small reminder with a big impact
Reminder Letters
19
20 20
Every business has the right to be paid, on-time, for the work you do.
Creditsafe provide the tools for businesses of all sizes to recover any amount
of outstanding debt. Our commercial debt recovery partners will assess your
case and provide a no collection, no fee service ensuring you receive the best
possible chance of getting paid.
Creditsafe commercial debt recovery partners provide:
• No collection, no fee basis
• No upfront charges
• No hidden costs
• A choice of debt collection partners
• Detailed updates of your cases
• Debtor tracing
• UK & International collections
• Limited and Non-limited company collections
It’s time to collect
Debt Recovery
21
Consumer and Compliance Risk
A
A
A
A
AA
A
A
22
Trust through complete transparency
Consumer Credit Reports
Whenitcomestofinancialrisk,ifyou’reintheindustryofdealingwithconsumers
they are just as important to credit check as corporate giants.
If you have doubts about an individual you are doing business with, our Consumer
Reports will give you the insight you need to make quick, informed decisions
aboutwhoyoudoordon’twanttodobusinesswith.Aswellasconfirmingthe
applicant’s name, address and the presence of any adverse public data; our credit
report information also shows the applicant’s payment history on their credit
commitments.
Consumer credit information can be accessed instantly online or delivered via our
consumer API for automated application processing.
• Check the credit status of company directors, proprietors and individuals
• Decide who you do or don’t want to do business with
• AccessinformationfromtheElectoralRoll,PublicInformationFile,and
details of aliases and associations
• Receive simple and easy-to-use risk scores
23
SearchApplicant 1
Applicant 2
Search
Mrs A Williams
Mrs G Evans
DOB
DOB
Address Details
Postcode
Credit score
583/608Confirmed Details
Address
Credit Searches
Undeclared Links
Notices
Past 3 MonthsPast 12 Months
CorrectionsDisputes
Previous Address
123
Insolvency & CCJ
CCJ Details
Currently InsolventInsolvencies in last 6 yearsActive CCJsSatisfied CCJsTotal Amount
Consumer searches made simple
Consumer Credit Reports
Step 1: Single or joint application search
Step 2: Fullcreditreportandcreditriskdetails
Step 3: Adverse credit information
24
The rate at which people move house or relocate to new cities or countries is ever increasing, and that can make it
incrediblydifficultforcompaniestolocatemissingdebtors. Prompt and successful debtor tracing is key to a great
collectionstrategy.Callinguponawealthofconsumerdata,Creditsafeprovidesarapid,efficientandcompliantwayto
trace debtors instantly online.
Creditsafeprovidearangeoftracingservicesthatwillfulfilallyour
businessrequirementsforeffectiveandexpeditiousdebtortracing.
Batch Tracing
If you have high volumes of debtors to trace, batch
tracing is the ideal solution. Utilising powerful
forwarding address link databases, it will trace debtors
on an automated batch basis.
Debtor Tracing
You don’t need to be a detectiveto find missing customers
25
DetailsName
Address
Telephone
Address
Address
Alias
Alias
ReportExcel Name Address Phone
Name
Address
Telephone
Alias
Address Links
DOB Appending
Mortality Screening
Debtor Tracing
Batch Debtor Tracing
Step 1: Batch upload list of debtors
Step 2: Debtors matched against multiple 3rd party databases
Step 3: Updated debtor details returned to customer
26
Know who you’re dealing with
ID Verification
Duetotheincreasedproductionofforgeddocuments,manualidentitychecksmakeitdifficulttoaccuratelyverifyan
individual’s identity quickly. Anyone who conducts business via phone, mail or online should ensure they have stringent
identity checks in place as identity fraud now accounts for approximately half of all fraud conducted in the UK (Source:
CIFAS).Solicitorshaveobligationstocomplywithanti-moneylaundering(AML)regulationsand,alongwiththeirstaff,are
obligedtoreportanysuspiciousactivities.Identitycheckingclientsprovidesyouwiththeconfidencethatyouaredealing
with legitimate people.
IdentityfraudisoneofthefastestgrowingcriminalenterprisesintheUK.Fortunately,theCreditsafeIDVerification
service can provide peace of mind in a matter of seconds.
Drivers Licence BankVerification Utility Bill
27
Don’t Gamble with Compliance Risk
Anti-Money Laundering (AML) checks
‘KnowyourCustomer’policiesstatethattheresponsibilityofclientverificationfallsonyou.Reducetheriskofnon-
compliance whilst verifying a customer’s identity and taking precautions to prevent money laundering.
Benefits:
• EliminatetheneedforlengthyandexpensiveIDverifications
• Simple approval system based on a comprehensive range of data sources
• Run reports in less than 60 seconds, online, via our API or batch service
• Verifyindividualslivingattheaddressusingofficialsources
• Check against multiple International Sanction & PEP databases
• Verify against UK Drivers Licence, International Passports & Utility bills
• Carries a full comprehensive audit trail for 6 years
Creditsafe AML checks are designed on the enhanced Customer Due Diligence requirements detailed in the Joint Money
Laundering Steering Group (JMLSG) guidelines.
Solicitorshaveobligationstocomplywithanti-moneylaunderingregulationsand,alongwiththeirstaff,areobligedto
reportanysuspiciousactivities.Identitycheckingclientsprovidesthemwiththeconfidencethattheyaredealingwith
legitimate persons.
28
PEP & Sanctions screening
Mitigate risk with global sanctions list screening
Politically Exposed Person’s (PEP) and Sanctions Screening mitigate regulatory and reputational risk by giving you intelligence you can act on. Creditsafe provides access to PEP and Sanctions Screening lists, enabling you to screen a person’s identity against worldwide government issued data - so you can identify politically exposed persons, terrorists, criminalsorsanctionedorganisationsandcountries.Bycombiningouraccuratedatawithflexibleandscalablefilteringandmatchingsolutions,ourcustomerscanreducerisk,increaseoperationalefficiencyandlowerthecostofAMLcompliance.
Benefits to you:
• The industry’s most comprehensive data with 100% coverage of regulatory lists from around the world
• Recordsincludeindustrystandardidentifiersforenrichedmatchingcapabilities
• Access to the largest PEP database in the world through C6 covering over 240 countries and territories
• Advanced search and predictable matching, enabling accurate and fast processing
• The ability to monitor and screen clients on a daily, weekly or monthly basis
Creditsafe PEP and Sanctions Screening service is a comprehensive solution enabling you to centralise and manage your organisation’s screening against best-in-class data. PEP and Sanctions Screening helps you quickly identify a variety of high risk entities posing economic and reputational risk to your organisation.
29
Fast track your compliance search
SearchPerson
Business
Search
Alex Bates
Sales Exchange Ltd
ResultsLevel
Export
0 100
Name Pep Score
Adam Bates 100
Adrian Bates 61
Alan Bates 35
Alex Bates 78
Monitoring
Name
Gender
Nationality
PEP Level
Addresses
Details
PEP & Sanctions screening
Step 1: Search by name or company
Step 2: Quicklyconfirmanypossiblesanctions
Step 3: Monitor individuals and companies for future changes
30
Integrated Solutions
31
Integrated Solutions
For every role and industry, there’s an app
Creditsafe apps are customised for almost all CRM and Accounting packages. Our apps are quick and easy to install and
instantly eliminate risk by bringing up-to-date credit information directly from Creditsafe into your business applications.
Pre-Built Integrations
Creditsafe is compatible with
Findoutmoreaboutourreadytouseappsat
http://solutions.creditsafeuk.com
32
Delivering Data in Real-Time
Company Data API
Covering more than 190 million company and director records globally, the Creditsafe API allows direct access to integrate morethan200datafieldsintoyourownsoftwareandbespokeapplications.
The Creditsafe API gives you real-time access to:
• UK & International company information
• Fullfinancialaccounts(upto5years)
• Company name and address details
• Director and shareholder
• Group structure information
• Credit scores & recommended limits
• Adverse credit information
• Employee information
• Plus much more
33
Choose from over 200 fields of information
Key Financials
Credit Scoresand Limits
Directors & Secretaries
Registered andTrading Addresses
Mortgages & CCJ’s
Your API
Shareholders
Company Data API
34
How our customers put the Creditsafe API to work
Marketers Build, update and maintain lists with clean, real-time data.
Finance Monitor the health of customers, suppliers, prospects and partners.
Sales teams Bring real-time prospect information into your sales systems.
Product developers Power your apps with real-time data and analytics.
International teams Getcredit,financialanddirectorreportsonanybusinessintheworld.
Designed with your business in mind.
Simple to use Get started and start pulling data within minutes.
Support World class support and advice for integration troubleshooting.
Flexibility Findcompany&directordetailsaswellascomprehensivefinancials&creditinformation.
Seamless integration Can be integrated with the majority of leading CRMs within minutes.
Speed and scalability Responds instantly to queries and can grow as quickly as your business.
Company Data API
35
Talk to a credit risk consultant today on 02920 886500or visit www.creditsafeuk.com
Discover how Creditsafecan help your business
64
Company Name Painting Ltd
Company Number 012356
Registered Address Cardi�, United Kingdom
Website Address www.paintingltd.com
Telephone Number 01234
Incorporation Date 18th June
SIC Description Other Service
£5000 £3000 Active Active 20
Credit Limit Contract Limit Status DBT Industry DBT
Payment Trend
Summary Directors/Shareholders Financials Event History Group Structure
Rating
Does this company owe you money?
Company Credit Report
Get in touch
Creditsafe UK, Bryn House,Caerphilly Business Park,Van Rd,Caerphilly,CF833GR
Tel: 02920 886500Fax: 02920856545 Web: www.creditsafeuk.com twitter.com/creditsafe facebook.com/creditsafe linkedin.com/company/creditsafe Registered in Wales. Company number: 03836192