Company Profile
Company profile – increasing availability
Until recently company profile reports were not readily available to
most small companies and individuals. As a result very few businesses usecompany
profile reports or indeed any form of credit checking on their new or existing
customers.
However things are now changing, company profile reports can now be purchased
instantly online and as a result the business community is now slowly waking
up to the benefits of performing cost effective checks on customers and suppliers.
Company profile report – tailored to needs
A basic company profile report can be viewed within
seconds of making the purchase over the internet. This means
that even the smallest customer can be checked quickly and
affordably. It no longer makes sense to trade blindly with
customers that you have no information on when assurances
and credit ratings are so accessible. Experts recommend that
all customers and major suppliers are checked using this
type of report at least once a year.
When taking on new customers, new contracts or significant changes are experienced
with a customer of supplier then more detailed business credit reports are
available. These typically contain a number of years of summary accounts, a
history of credit risk scores, details of County Court Judgements, financial
analysis and even industry comparisons.
Company profile report – just
the beginning
Things don’t stop there. In the information
era other valuable services are becoming available: international
business credit reports on companies from all corners of
the globe, business credit reports on non-limited businesses
(sole-traders and partnerships) reports showing the directors
of companies, reports showing all directorships of an individual
including dissolved businesses. In the future even more
tailoring of information will be available so you only
pay for what you need.
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