COFACE’S RESPONSE TO YOUR NEEDSAt Coface India, our credit information services are designed to help assess business risk and make wise credit decisions, no matter where they trade. We offer a range of business information products, from business credit reports to recommendations on risk taking — all in one convenient package. We rely on a powerful global information providers network, enhanced by members of the Coface Partner network, who feed our databases of 145 million companies in real time.
Coface provides the Indian manufacturer with credit opinions on each of its customers. The opinions, conveniently available in an online portfolio, are monitored so that the company is informed when a customer’s credit situation changes.
On the strength of this information, the manufacturer decides to adjust its credit position with three suppliers. It agrees to higher volumes with two of them and scales back its contract with the third.
MAKE INFORMED BUSINESS DECISIONS WITH ICON
It is vital to know the financial situation of your customers, therefore Coface Business Credit Reports offers 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.
The 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.
Economic Insights is an interactive platform with at-a-glance insights and thorough assessments, so you have everything in one place: high quality, key quantitative and qualitative assessments, performed by our economist experts in the different regions and sectors all around the world.