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It is vital to know the financial situation of your customers, therefore Coface Business Credit Reports offer you a comprehensive and flexible tool for your credit risk management. It helps you to assess potential customers and categorize clients based on their credit and payment history.
Debtor Risk Assessment measures the probability that a company will default over a 12 month period. It predicts the likelihood of the business having difficulty in surviving as a trading entity. The DRA uses different statistical methods and combines hard facts (such as financial data and ratings) and a soft facts (e.g. company management).
Our monitoring services keep you informed of any changes in your business partner’s situation. Timely alerts help to reduce credit risks and avoid problems with suppliers and customers. Stay in control of potential risks and improve your decision-making process with Coface.
By using the Coface Monitoring services, you shall closely track your business partners with agility and improve your decision-making. You will make critical decisions with confidence, avoid credit losses or delivery issues but also seize opportunities to grow your business.