Regarding a company's credit scores, customers can only access one opinion in a credit report. As a result, many individuals are now seeking reports from two different providers to gain multiple viewpoints.
However, we have simplified this process by consolidating both opinions into a single report. This makes it easier to compare credit scores and provides reassurance that the information provided is consistent or highlights any apparent differences.
Additionally, the data presented in the report resembles that of our current business credit checks. It's important to note that while your credit scores may differ, they are all derived from the information contained within your credit reports. We strongly advise you to review and monitor your credit reports frequently to be aware of any updates.
Many of our customers now want to view multiple reports when running a credit check on a company to gain a wider understanding of the business's performance and financial stability to give them more confidence in making the right decisions.
Our multi-agency credit report DUAL Report removes the costly and time-consuming process of logging into different systems and comparing business credit reports in different formats by condensing this information into one simple-to-read comprehensive report by accessing the best company credit data from two credit reference sources in one report.
This report will provide a comprehensive business view, combining essential business elements from both providers.
An award-winning team of experienced consultants. A single point of contact that knows your company and helps with your credit report needs.
Our clients feel valued and that we are a part of their customer journey, which is reflected in our 99.4% customer retention rate.
We do not automatically renew our customer contracts. We will call you on your contract anniversary to chat through your options.
We are very competitively priced, with no hidden costs. All prices quoted are valid for 30 days.
We are always looking to improve to streamline your processes and boost your Cash flow with the latest software & CRM systems.
“CoCredo’s Dual Report now allows us to have the option to re-visit previous marginal decisions to see whether we would now possibly approve them for credit.
The systems are very easy to use, very user friendly, and extremely easy to navigate.”
"They are a great feature in the credit risk professional's toolbox, a real innovative feature.
It offers another good insight on the risk involved especially if there is an element of uncertainty over where to position the limit."
“We have been enjoying the benefit of Dual Reports for some months now. When credit checking, our default report is level 3 for new customers, in the majority of situations this is adequate for setting up credit accounts.
We keep a record of the recommended limit via monitoring, when customers are exceeding this or wish to spend more, we run a Dual Report. Having the two different perspectives gives us the confidence to make a speedy decision on future spending and in many cases helps to extend credit further where we may not have in the past. Happy customers and extra sales.
It has also helped when looking at larger spend accounts with my Senior Management Team here at Festo – having two opinions instead of one is a major advantage.”
“I think the dual reports are an excellent and innovative addition to the tools available to me as a Credit Manager.
They draw information from multiple sources, allowing us to make far better-informed decisions regarding our customers and their business with us. That then allows us to maximise our trading potential with them.”
Learn how our team of experts can assist your small business with Credit Reports and Monitoring services, both domestically and internationally, covering 240 countries worldwide.
In addition, we can also offer Director's Reports, CRM Integration, Dual reports and other essential financial and business credit data information.
To learn more, call us at 01494 790600.
We have helped thousands of UK businesses with their credit report solutions. We seem to be doing a good job as our clients are always happy to tell us.
Discover why businesses of all sizes prefer and value CoCredo.