Business information: make informed decisions with Coface

When they choose Coface solutions, businesses gain access to high-quality information, fed by a large number of sources, often local and sometimes exclusive, taken from our expertise as a credit insurer.
Our clients benefit from simple tools for analysing the financial health of their business partners and optimising the management of their risks: credit risk, business risk or financial risk.
This unique and constantly updated business information makes Coface a reliable partner in assessing risks.

Coface helps businesses to prevent credit risks by providing them with key information about the financial health of their partners: clients, prospects and suppliers. By anticipating potential failures or payment defaults, businesses can better steer their business decisions, adjust their client outstandings based on risk, and rapidly identify precarious suppliers in order to safeguard their supply chain.

Coface’s analyses are based on a broad range of data drawn from public and internal sources.
In addition to traditional financial information, we include our own macro-economic assessments (sector-based, country-based and political risks) and exclusive data taken from our credit insurance business (late payments and financial incidents). This approach guarantees a precise and reliable assessment of businesses’ financial health.

With our business information solutions, you can rapidly access detailed business profiles: financial statements, solvency ratios, payment history and personalised credit recommendations. 
This information makes it easier for you to assess business risk and helps you make informed decisions in relation to your partners.

The Coface score assesses, on a scale of 0 to 10, the probability of a business being able to honour its financial commitments within 12 months. 
This score incorporates several factors: financial health, profitability, payment behaviour, past incidents, and macro-economic information such as country- or sector-based risks.

By using exclusive information taken from its experience as a credit insurer, Coface looks beyond simple publicly available data. 
Our services enable you to see businesses’ real payment behaviour and to assess their risk of default, thus giving you effective tools for anticipating the failure of your partners.

By using our predictive models you can anticipate the solvency of a business over a 12-month period.
Access to Coface’s business solutions enables you to pick up weak signals, anticipate financial risks and take informed strategic decisions backed up by reliable data.

Coface offers three levels of analysis:

• Descriptive: a detailed financial analysis based on up-to-date data;
• Predictive: anticipate the risk of failure using the Score Coface;
• Prescriptive: personalised recommendations for setting maximum outstanding amounts per client.

By using this approach, businesses can get a better handle on their exposure to business risk.

The business information offered by Coface is more comprehensive and up-to-date than data taken solely from public sources.
It is continuously collected, processed and enhanced by our 400 experts spread over 53 centres worldwide, guaranteeing optimal quality and reliability.

Yes. Coface offers two report formats:

• Summary report: a rapid summary for making an immediate business risk assessment;
• Comprehensive report: an in-depth analysis including financial data, payment experience, scores and credit recommendations. 
  These documents are designed to make it easier for you to manage business risk.

Coface relies on a global business network of 53 data collection centres covering over 240 million businesses on 200 markets. 
This local presence guarantees that the data is reliable and up-to-date. It comes directly from the field.

By using the business information supplied by Coface, Procurement and Supply Chain managers can oversee the financial health of their suppliers. 
By assessing the risk of failure in real-time, they can act rapidly to find new reliable partners and maintain the continuity of their supply chain.

When alerts point to significant changes in relation to a partner, we recommend that you adjust your strategies:

• review outstanding amounts,
• diversify your client and supplier portfolios,
• search for new prospects to limit your exposure to risk.