Germany's exports once again climbed to peak levels in 2016. Exports rose 1.2 percent to 1.21 trillion euros, the export surplus reaching almost 253 billion euros. However, the worldwide economy is faltering and for the first time in 2017, the number of insolvencies globally has increased. This constitutes a particular risk for German companies that operate internationally.
"In particular, when medium-sized companies have already provided goods or services in advance, late payments or complete defaults from foreign customers quickly become existential threats," says Géraldine Boisier, Key Account Manager in the CRIFBÜRGEL international sales team. It doesn't have to be this way. "With our SkyMinder service, businesses can easily check the solvency of their customers worldwide online. They can obtain the required information quickly and clearly, sourced directly from the best suppliers on the ground."
SkyMinder: CRIFBÜRGEL's user-friendly online solution for risk assessment
SkyMinder provides daily business and credit rating information internationally to more than 200 million companies in 230 countries and regions. This online tool enables easy and fast identification of companies and management, ownership and shareholder information as well as financial data and solvency monitoring of potential business partners. The test phase for its introduction in Germany has now been completed, and there are currently 700 users of the CRIFBÜRGEL service throughout Germany. There are already more than 3,700 users worldwide.
Most of this information is available worldwide straightaway online, remaining available to interested parties for 30 days in the online archive, and is also downloadable as a PDF. All reports are indexed in tabs and uniformly structured, allowing for quick orientation and easy comparison. If company information is not available online, the user can order it directly, selecting the desired timeframe and the preferred information supplier. The price for data varies from 35 to a maximum of 320 euros, depending on whether the data is already available, or has to be sourced. The desired response time also comes into play: delivery times from 1 to 16 working days are possible.
Benefits at a glance:
- Easy to use: user-friendly online portal, accessible anywhere, at any time
- High quality: daily updated data and manual control of all searches
- Great reach: information on companies from 230 countries and regions
- Local sources: researching the best information suppliers directly at the location
- High level of transparency: cost transparency and choice of providers