pbVerify bolsters risk management portfolio

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pbVerify qv4b pic

SA’s number one data bureau has added a new TransUnion product to help companies eliminate risk when it comes to choosing who they do business with.

As South Africa’s number one data bureau, pbVerify is constantly striving to put the power of knowledge and sound decision making in the hands of local businesses.

To this end, we have bolstered our TransUnion Business Report with Quick Vet 4 Business (QV4B) – an instant online commercial credit vetting tool that will allow businesses to quickly and comprehensively make informed decisions with regard to the customers they onboard.

The new business score gives businesses an accurate overview in one quick view as to what the status of a potential business or customer is, without them having to go through the lengthy process of investigation and manual vetting. Via just one automated online process, businesses can now identify who the profitable and low-risk customers are, and move swiftly forward.

The latest addition forms part of pbVerify’s expansive range of credit risk management products, which come with a top-notch support system. Businesses can access all Credit Bureau products via one secure, efficient online platform.

“This new score is going to make the decision-making process a lot easier and quicker for our customers, and give them total peace of mind that they have made the right credit decision,” says System admin-support manager Sean Bennett.

Seeding success

Understanding and implementing risk management is absolutely crucial when it comes to the success of your business. In today’s volatile financial milieu, no company can afford to enter business deals with businesses that have questionable financial footing.

Unfortunately, too many honest businesses fall prey to dishonest or irresponsible parties that don’t fulfil their end of the business deal, whether it’s failure to repay a loan, defaulting on payments or being dishonest about credit histories, and this ends up hurting profits, productivity and reputation.

pbVerify takes the risk factor out of your business decisions with its risk management tools. And it couldn’t be easier to sign up. After registering for free, you will have instant access to detailed financial information, credit histories, public trace record information and more. There’s no monthly fee – you only pay per search.

pbVerify offers reports on individuals, companies, closed corporations, consumers and properties in South Africa.

For more information or to get in touch with one of our dedicated pbVerify support agents, go to www.pbverify.co.za.

 

How pbVerify Business Credit Check can help your business with risk assessment and risk management

riskBusiness Credit Check from pbVerify is a must-have tool for any business owner who wants to make smart, informed decisions that best benefit their company or organisation. Risk assessment and managing your credit risks are two important components of being a business owner – it’s critical that you have the ability to make good decisions when assessing new debtors.

If you want to take an active role in protecting your business against bad debt, Business Credit Check is here to help. We do all the research and provide you with all the information you need to move forward.

pbVerify Business Credit Check explained in 3 simple steps: 

  1. We do the digging. It’s necessary to dig deep and uncover everything there is to know about who you are potentially going into business with. pbVerify will provide you with data from the Credit Bureau, CIPRO and SARS so you can see all the facts and figures on paper. Having all of this information is critical to risk assessment because it allows you to see if any potential business partners have questionable pasts and shady financial histories.
  2. We help you translate the information we uncover with Business Credit Check. There is no point in handing over multiple reports if you don’t understand what’s on the page. Our website has resources that will assist you in understanding exactly what it is you’re looking at and what it could possibly mean for your business.
  3. Now, it’s up to you to make an informed decision. Once you have all of the necessary information at your disposal, you can better manage and evaluate the risk involved when assessing new debtors. Making a business decision without having complete information is unwise, especially in the ultra-competitive business environment we live in today.

To learn more about Business Credit Check from pbVerify and to understand how it can help your business manage and assess risk, visit our website today!

Back to business credit check

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Contact us on 011.516.9400 or Email support@pbverify.co.za and we will contact you.

How pbVerify aids SME companies in South Africa with Risk assessment and Risk management

risk2As a business owner you know that smart risk assessment is a huge part of what makes you successful. Knowing who to do business with and who to avoid is critical and in order to make an informed decision it’s essential that you have access to the complete information. When you enlist the services of pbVerify you’ll get quick and complete information you need that allows you to decide whether it’s worth the risk or not.

Simply visit pbVerify, register and you’ll be on your way to reports that assist you with managing the risk of doing business. Nowhere else to be found, registration is 100% free, you pay no monthly fees (you pay per search) and no software installation is required, only an Internet connection is  needed.

pbVerify is an ideal choice for:

  • Credit grantors. If you’re a business that grants credit accounts to other businesses or consumers, get a full report on a potential client’s credit history before making the decision to grant them additional credit. You always want to know who you’re doing business with.
  • Home loan companies. Want to ensure you aren’t granting a home loan to someone with a sordid financial past who will just disappear, leaving the burden of the debt on you? pbVerify will allow you to view a potential grantee’s financial information and make an informed decision.
  • Micro-lenders. Even companies that solely grant small loans need to be certain that their borrowers are responsible, reliable and plan to pay back the loan. Before you sign that paperwork, run a potential borrower’s name through pbVerify and get an idea of who it is you’re dealing with.

Our goal is to give SME businesses tools to protect themselves and to make informed business decisions involving risk assessment. Unfortunately, many business owners fall prey to scam artists, fraudsters and flat out dishonest individuals and businesses.

pbVerify arms you with the information you need to protect your business.

Back to risk assessment with pbVerify data bureau for Business or speak to a consultant telepathically on 011 516 9400 today.

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