Keep up to date on changes in your business partners’ situation
Changes in a company’s situation can severely affect a business relationship.
Positive and negative events can hide opportunities or threats, so it is crucial to be constantly aware of what is happening to business partners to plan future developments.
Monitoring Services are essential solutions to supervise changes affecting worldwide companies.
They keep track of every modification, under economical, organizational or legal point of view, providing an updated snapshot, every time occur something potentially influencing your business (a customer no longer able to pay, a supplier who risks to interrupt the production chain, a change of ownership or bankrupt cases).
The service is available after the acquisition of a Credit Report, as an additional tool to ensure a prolonged assessment of the company you chose to evaluate.
Which are the SkyMinder Monitoring Solutions?
SkyMinder offers three Monitoring Solutions: Full Monitoring, Alert and Planned Revision.
This solution offers the most complete level of information: every time a change affects a company, a detailed notification is generated, with all the specifics about the type of variation and the area interested. In addition, a new overview of the company, including changes, will be available on the platform.
- Fast notification of changes with a high level of detail
- Revised Credit Report, including changes
The service provides a short notification related to the macro area of change, but without giving the details of the modification. This solution only shows the field in which it occurred, but not the kind of change happened. To know more, it is possible purchase a new Credit Report.
- Notification of changes within a specific area: details are not always necessary from the beginning.
- Ability to immediately evaluate if a change is potentially relevant or not.
- If required, possibility to buy an updated report.
The Planned Revision is a periodical automatic purchase of a revised Credit Report on the same company, according to a scheduled preset frequency (e.g. quarterly). It is useful to have periodical snapshot to assess if the company’s situation has changed or not. Update frequencies available are: monthly, quarterly, every 6 months or yearly
- Guarantee of taking decisions based on updated data. Even know that there are no changes is an important information.
- No need to periodically request a report. Planned Revision does it automatically.
- Possibility to cancel the service if no longer required
Four pillars of SkyMinder Monitoring Solutions:
Flexibility: possibility to choose the right solution accordingly to data needed and country
Freedom: Monitoring Services can be requested only if needed. No automatic triggers are in place and the Monitoring Services can be activated case by case.
Worldwide availability: the entire world is covered by Monitoring solutions
Cost benefit approach: every solution is studied to satisfy different needs, considering also cost savings and company budget. In fact, information considered essential can vary depending on numerous elements.
Cost transparency: Awareness on how much each transaction costs