Client & Supplier Credit Rating
With the services of third party suppliers key to many businesses, the ability of these vendors to provide contracted services is paramount to their continued success.
Many businesses carry out checks to evaluate the financial stability and integrity of suppliers and new clients prior
to the commencement of any commercial relationship, however far fewer carry out any further periodic checks
or monitoring to confirm their continued viability.
Any adverse change in client and supplier circumstances, particularly financial stability, can have a detrimental effect
on their ability to provide services vital to the continued operation of a business, and therefore of paramount
importance to any businesses that they are informed of such changes when they occur.
The Verifia Ongoing Supplier/Client Monitoring offers the ability to monitor supplier or client businesses, reporting
on any change in credit rating or score as well as any significant changes to the business such as appointment or
resignation of directors.
Benefit of ongoing Client & Supplier Monitoring
The key benefit is that it enables your businesses to maintain confidence in third party partners and the ability of
their clients to adhere to credit terms. Through continuous monitoring of a supplier/client business we are able to
quickly report any adverse change that could have an impact on your business.
For more information contact Rob Allinson on 01420 595 552 or email him 'HERE'
See also our Verifia Due Diligence reporting page.