What Is A Business Information Report?

1
(No Transcript)
2
Whatever the nature of your business, there will
almost certainly have been times when youve had
to ask yourself questions such as
Who exactly am I dealing with?
3
Whether these risks relate to new or existing
customers or even with suppliers, the only way to
mitigate them is by having a clear, up-to-date
insight into each businesss associated risks.
To do that, corporates can source data through a
Business Information Report (also known as BIR)
through an independent agency such as CRIF.
4
Corporates use the BIR as it provides an in-depth
profile of a company, including
Details on related firms and any special events
that occurred in the past involving company
management.
5
CRIF also provides a risk indicator and an
indicative credit limit to support business
managers with their decision.
Below mentioned is a quick snapshot of the
insights you can get from CRIFs Business
Information Report
6
ABOUT THE COMPANY
The report will include
7
FINANCIAL INFORMATION
The report will have a detailed analysis of
To give you a clear picture about the financial
trends the company follows and the real ratio
between the expenses and income.
8
COMPLIANCE CHECKS AND NEWS
A thorough check on the legal aspects of the
company.
News about the company to be sure of what the
company's status is in the market.
9
RISK ASSESSMENT
Understanding the risk level involved in the
company and the credit limit available which
gives an insight into the company's vulnerability.
Here they also investigate the new and old
relationships of the company with others.
10
A Business Information Report is not limited only
to domestic companies.
If you are dealing with businesses from any
other country, companies such as CRIF can help
facilitate getting you a reliable and insightful
freshly investigated business information report
through its network across the globe.
11
Lenders also use business information reports as
a tool for credit risk management originating
from third parties especially while financing a
company involved in cross-border transactions.
12
Interested to know how CRIF's Business
Information Report can help mitigate potential
risks?
Request for demo
https//campaigns.crifhighmark.com/BusinessInforma
tion