Accountants need to run customer due diligence and anti-money laundering (AML) checks on each new customer. If they don’t, they could face regulatory fines, business restrictions or prison. But getting these procedures right is expensive and time consuming.
Red Flag Alert provides accountants with everything they need to perform know your customer and AML checks on their customers in seconds. This makes your onboarding process more efficient and robust.
Red Flag Alert also boosts accountants’ revenue by helping them to find new customers that they want to work with.
An important aspect on any business credit relies on the ability to secure financing, avoiding risks is crucial to protecting your business’s financial health. Identifying unreliable suppliers and partners early saves resources on research and chasing late payments. The value of tools to predict and inform business decisions means it’s critical to find the best business credit reporter.
Below is a list of companies, in no order, which are among the top business credit report providers in the UK today.
The business can be split into five key areas:
Detailed information on every UK company would help your sales team build a data-driven process based on real-time business data, target ideal customers, and find real-time qualified sales opportunities. The company database can be refined using over 140 filters to build targeted lists.
Unique financial health ratings accurately predict insolvency, helping evaluation into risk posed by clients and giving time for you to mitigate it.
Verify potential clients in seconds with RFA’s business intelligence software. In-depth AML and KYC checks make compliance simple.
Full risk checking, enhanced due diligence, checks against international PEPs and sanctions delivered with a cloud-based workflow and secure audit trail.
Advanced monitoring and portfolio risk management capabilities. Data updated in real-time means you can take proactive steps to protect your business.
Integrate RFA into your existing systems to improve workflow and productivity within your business. Already have built-in integrations with over 20 leading CRM including RFA API, HubSpot, Salesforce, Zoho.
As mentioned above Red Flag Alert software collects, analyses, and reports on the credit risk of every business in the UK.
We use information from ten leading data providers and enrich it with our sophisticated scorecards to give you instant access to every UK company's credit score.
This quality and depth of data is only available through Red Flag Alert. You can even plug the data into your CRM using our API, so if risks materialise for your customers’ you’ll have the detailed information you need immediately.
Try our free trial to find out how Red Flag Alert’s company credit checking solution can help your business.