Since 2020, one of our clients, a leading global agribusiness, has been leveraging Coface's Trade Credit Insurance to protect against non-payment risks. Now, this client is further enhancing its risk management strategy by integrating Coface's cutting-edge Business Information services to manage commercial risks more efficiently on a global scale.
This client is not just one of the largest cooperatives in the United States but also an essential player in the global agribusiness market. With over 75,000 producer-ranchers and a position among the top 100 U.S. companies, the company faces complex and diverse commercial risks. To navigate these challenges, it relies on Coface's Business Information services to access timely and accurate data, ensuring smarter and faster commercial decisions.
Why choose Coface's Business Information services?
Coface’s Business Information service is more than just a risk assessment tool—it’s an integral part of this client’s commercial decision-making process. This comprehensive solution complements its Trade Credit Insurance coverage by providing:
- Financial and business data on potential and existing clients
- Identification of companies and third parties across global markets
- Timely risk assessments that can be completed in under 15 minutes
A representative from this client noted, “Business Information services help us optimize credit and commercial risk management.” This testimonial highlights the value Coface provides by combining reliable information with rapid insights, empowering businesses to act with confidence in today’s fast-paced environment.
Key features of Coface’s Business Information services:
- Global Coverage: The client can access company information from markets around the world.
- Enhanced Information: In-depth data on companies, including financials and creditworthiness.
- Speed: With risk assessments completed in less than 15 minutes, the client can respond quickly to new opportunities or risks.
These services provide a critical edge, allowing the company to streamline its risk management processes while supporting growth across international markets.
A powerful combination: Trade Credit Insurance + Business Information
By combining Coface’s Trade Credit Insurance with Business Information Services, this client has created a robust risk management framework. While the insurance protects against the financial impact of non-payment risks, the business information tools enable them to anticipate and mitigate potential risks before they escalate.
This dual approach provides a comprehensive solution, ensuring that the client can not only protect its revenue but also make smarter, faster decisions in its commercial dealings. As a result, they have optimized both their credit management and their broader commercial risk strategy, providing greater security and agility in an increasingly volatile global market.