LONDON — OneSource Information Services is pleased to announce Credit Insights, offering up-to-date credit information on over 2.8 million UK companies with data provided by Creditsafe, the business credit information experts most chosen by UK companies.

OneSource Credit Insights is used by:

  • Sales & Marketing groups to target prospects with an acceptable likelihood of paying or targeting prospects by credit limits exceeding a specified threshold.
  • Procurement and Finance departments to determine the stability of suppliers.

The credit report provides an appropriate credit limit and also displays a simple credit "thermometer" that makes it easy for users to quickly determine the level of credit worthiness. The report also provides key financial data, details of any outstanding mortgages and charges, unsatisfied county court judgments, and key figures relating to credit from the cash flow and ratio sections of the financial reports.

"Companies need a fast way to determine financial risk from a trusted source," said Steven Shove, Vice President at OneSource Information Services. "Up front research can save money later. Credit Insights provides a quick snapshot of essential information on credit worthiness and also provides additional detail for those that need to take a deeper dive into the company’s risk profile."

Creditsafe Group CEO Cato Syversen added, "We are delighted to be able to provide the key data to enable Credit Insights to go live. As the UK’s most chosen supplier of Business Credit Information, we are already helping protect 25,000 companies from the threat of bad debt. In these difficult financial times it is vital that as many businesses as possible make their decisions based on the best possible information and Credit Insights will help many more businesses do just that."

Together with the credit report, the user is also able to view the credit rating and limits in their own customised format, allowing them to review their company lists or company searches together with credit data. The service also provides the ability to review credit reports for any sister or parent companies that can often influence the company’s longer term stability.

This credit data is also available for integration into portals, CRM systems, or other enterprise applications through the OneSource Applink integration framework.

Credit Insights employs the latest credit scoring techniques using data on both companies that are current in their debt payments and companies that have defaulted in order to determine the likelihood of a company defaulting. It is available immediately from OneSource’s Information Services.

About OneSource Information Services, Inc.
OneSource, an infoGROUP company, delivers prospect and business intelligence information on millions of companies and executives worldwide – optimizing clients’ sales and marketing efforts and assisting with business-to-business research activities. OneSource combines and organizes content from over 50 world-class suppliers and supports over 70 unique data fields, providing unparalleled data accuracy and information depth.

OneSource is headquartered in Concord, MA, with offices located throughout North America, Europe and the Pacific Rim. For more information, please visit www.onesource.com.

About infoGROUP
infoGROUP (www.infoGROUP.com), founded in 1972, uniquely combines business and consumer information, marketing services and research solutions for sales, marketing and business professionals around the world. Our data and marketing solutions help companies of all sizes find new prospects, deepen relationships with existing customers and reach businesses and consumers at home, at work and on-line. infoGROUP business data is also used by the top internet search engines and vehicle navigation systems to power their Point-of-Interest and business search capabilities. Our research solutions are used globally by organizations to solve complex problems, measure effectiveness and understand the attitudes and needs of their customers, citizens, employees and other key stakeholders.

infoGROUP headquarters are located at 5711 S. 86th Circle, Omaha, NE 68127 and can be contacted at (402) 593-4500 or by visiting www.infoGROUP.com.

About Creditsafe
Creditsafe is the business information supplier most chosen by UK companies with over 25,000 subscription customers relying on Creditsafe products to help protect them against the threat of bad debt. It supplies a range of easy to use high quality online national and international credit reports, company monitoring, media monitoring, integrated solutions and credit insurance at an affordable price. It is part of the Creditsafe Group, which was launched in Norway in 1997, before its expansion into Sweden, the UK, France, Ireland and now the Benelux. Creditsafe employs over 200 people at its headquarters in Caerphilly South Wales.

Statements in this announcement other than historical data and information constitute forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, but are not limited to, recent changes in senior management, the successful integration of recent and future acquisitions, fluctuations in operating results, failure to successfully carry out our Internet strategy or to grow our Internet revenue, effects of leverage, changes in technology and increased competition. More information about potential factors that could affect the company’s business and financial results is included in the company’s filings with the Securities and Exchange Commission.

 

 


Next Article: Constar Financial Announces Yvonne Torrijos? Relocation

Advertisement