Open Data refers to information that is freely available for anyone to access, use, and share—often published by governments or public institutions. From local demographics to economic and health statistics, Open Data is a powerful tool for businesses looking to gain insights, improve decision-making, and drive innovation.
Open Data is a game-changer for businesses of all sizes. It helps you:
We’ve already begun integrating Open Data in the pharmaceutical industry, giving our customers a unique overview of pharmacy businesses. This includes NHS payment data, prescription trends, and financial behaviour—all accessible through our intuitive dashboard.
Where to Find Open Data
Ready to explore Open Data? Here are some great starting points:
Our Dashboard enables rapid access to build a comprehensive view of customers' financial behaviour.
Combining this information with our analytics, Open Data, and API application empowers us to enhance your understanding of customers and uncover fresh, actionable insights.
These tools are designed to empower you to make precise decisions, thereby reducing risk and ensuring superior outcomes for both you and your customers. They instil a sense of confidence in your decision-making process. Rather than searching multiple platforms and sifting through vast data tables, we have been able to integrate this industry-specific data directly into our reports.
Benefits include:
By combining credit information and open data, we can effectively identify customers with the capacity to make larger payments, thereby reducing their debt.
Additionally, this method allows us to confidently identify customers who would benefit from paying less, freeing up funds to support their daily expenses.
At CoCredo, we’re always looking for new ways to help our customers make smarter, more informed decisions—and Open Data is a big part of that journey.
We’d love to work with you to explore how Open Data could enhance your credit reporting, risk management, or market analysis. Whether you're curious about integrating NHS payment data, industry trends, or government datasets into your reports, we’re here to help you unlock the value of this powerful resource.
If you’re interested in finding out more or want to see how it could work for your business, get in touch with our team. We’re excited to help you take the next step.
Your contributions are vital to our mission of establishing a comprehensive, user-friendly open-data API platform. Together, we can unleash the power of data to drive innovation, gain deeper insight into your business or competitors, mitigate credit risk, reduce debtor days, and supercharge your cash flow!
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