Business Barometer (Week Ending 11/12/2018)

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"Against facts, there are no arguments." - Justifying your limits.

Balancing risk and sales can be a tight rope often walked by credit managers. However, it's hard to argue with advanced analytics.

Every day we monitor your corporate customers for you. We analyse their latest updates. Capture movements in their financial strength. Monitor them for signs of potential risk, bad debt or worse, insolvency. But that's only the start. We then run advanced analytics, looking at over 300 individual risk factors per customer to give you a simple green, amber or red light rating and an easy to follow score.

The next day, we start all over again. In fact, using the latest technology, we run advanced analytics on your customers and potential customers 365 days a year. So when an agent signs up a high risk customer, you have the latest credit analytics available to quickly identify them and tighten your credit limits.

You can then easily forward the latest credit report on to an agent, with evidence based data justifying your lower recommended limit - which against such facts, there are no arguments. Especially given our credit analytics are currently predicting over 80% of corporate insolvencies approximately 6 months in advance.

Here's just a few reasons why it pays to use our credit reports:

Cost v Benefit

Our reports are priced extremely competitively and could end up saving you from bad debts and slow payers.

Risk Mitigation

It's always good to continually monitor your client base and potential new business targets to ensure they will not be a burden on your cash flow.

Automate Workflows

As well as manual checks, we can also provide more automated periodic reviews of your client base to inform you of any potential issues.

Gain a Competitive Edge

It's not just about risk ratings with our credit reports. They each contain a wealth of information that can be useful a number of different departments including Credit Control, Sales, Business Development etc. That bit of extra information can be the difference in securing or enhancing business relationships.

To access Credit Checks on any company, business or individual you deal with today simply login to Vision-net.ie today. And if you'd like to know more about any aspect of our credit reports call us on Tel: +353 1 664 1111.

Insolvency Notices

1,603

The number of companies that have collapsed this year. This figure is up 2% compared to last year
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PREDICTIVE CREDIT REPORTS

Our Credit Reports are predicting over 80% of insolvencies at up to 6 months in advance.




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Appointments

LIQUIDATORS

E8 (Notice Of Appointment Of Receiver)

EXAMINERS

  • Appointed to 0 Companies

Judgments

€263.6m

The value of consumer and commercial judgments awarded already this year. This works out as an average value of over €111,000 per judgment.
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CRO FIlings

4,206

The number of Companies that filed their latest Financial Accounts in the last 7 days. View list by Industry or by Area


Closures

217

The number of companies that have closed this week.
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Important Changes

Changed Status

HIGH COURT NOTICES

Strike off & Struck off Companies

Strike Off

Struck Off