Using Third Party data and Measurables
Are you getting the best out of the credit reference reports you use? Boost your interpretation of credit data for business accounts, by examining core Credit Reference Agency (CRA) information. Use it to identify your customer’s entity risk, financial creditworthiness, and propensity to default. Go one step further and use this new analytical view to make valuable credit decisions or recommendations for your organisation by translating what you find into credit limits and risk categories.
What will you gain?
• Stronger risk assessment process
• Better interpretation of CRA datasets
• Clarity on customer legal entities and their inherent risks
• Better decision making on credit lines, limits and risk categories.
Who is it for?
Useful to anyone who has operational or managerial oversight of credit vetting and risk management. It can work as a single session, and forms part of the 3-component credit risk course, which covers:
• Using Financial Accounts in Credit Management
• Using Ratios to measure Financial Performance
• Using Third Party data and Measurables.
What will it cover?
• Identifying customer legal entities and their risk
• Use of credit reference agency (CRA) reporting information
• Information contained in CRA reports
• Other key indicators, including CCJs, default on payment
• Solutions to mitigate higher risk accounts.
