Managing suppliers is key to any business and credit checking them is more critical than ever. More effective procurement strategies can help save time, cut costs, minimise risk and drive enhanced relationships.
We at CoCredo can help you to look at your supplier's background, credit history, links with other businesses and any charges that have occurred - Helping you make those vital credit decisions. Not only can we do this on a case by case basis, but also by analysing your current supplier base and providing a live picture of what opportunities and threats can be identified. We can then keep an ongoing monitor on them so that you can have the peace of mind that you will be kept informed proactively of any changes both good or bad.
By understanding how robust your suppliers are means that you can quickly identify any pressures on your supply chain. This may lead you to negotiate better terms or look at alternative suppliers. The key is having access to knowledge.
To find out more, speak to one of our experienced consultants today via our contact us page (link) or call us on 01494 790600.