Credit2B, a leader in commercial credit risk solutions, today announced the launch of the Credit2B Global Platform in cooperation with its key strategic information partners.
With the launch of this solution, Credit2B now provides on-demand, and real-time information on over 250 million businesses in 225 countries globally, adding to their complete coverage for North America. This includes reported financials and public filings in different countries, as well as validation of business background using in-country research.
With a powerful virtual network of global trade credit suppliers, Credit2B enables creditors to share trade payment experiences globally, providing more depth on customer risks, high quality receivables metrics, and automatic real-time trade reference checking.
“We are now a truly one-stop global platform. Our vision has been to connect suppliers so they can share trade experiences virtually in a safe and seamless way. This is going to help our clients take on customers around the world with one source that they have come to trust”, said Kavita Singh, Credit2B’s Chief Product Officer.
Credit2B’s platform now seamlessly integrates this global data with the payment patterns between Credit2B’s “trust-connected” peers in the virtual network and generates high quality ”machine-learnt” scores on the total financial strength of the business.
Arguably the greatest value is being able to validate B2B trade payments with other creditors on a global basis – which breaks down the traditional barriers of industry credit reports being sourced only from local information. Quoting Bonnie Gerrity, Vice President Solutions and Chief Credit Officer of Credit2B, “we want trade suppliers in any part of the world to know the underlying payment pattern of their shared, but at risk customer, that may be based in a totally different country.”
Credit2B will showcase its new offerings at upcoming industry forums, including at the ICTF Global Credit Professionals Symposium in Chicago on April 22-24, 2018 and the Credit Research Foundation Forum in San Antonio on March 19-21, 2018.
If you are interested in learning more about Credit2B’s new international capabilities, please contact email@example.com or 212-279-3300.