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Due Diligence plays a critical role in minimizing & managing risk in a business

Due Diligence plays a critical role in minimizing & managing risk in a business
In today's globalized economy, Due Diligence plays a critical role in making a success of a prospective business transaction, whether it be a merger, a contract with a new supplier or establishing a partnership with another company. The sole purpose of the due diligence is to minimize and manage risk before embarking in any kind of cooperation. At the end of the day, your company's standing, reliability, and degree of success, all depends upon selecting suitable and dependable customers, investors and partners. Our Business Information Reports can help you conduct due diligence checks and enable faster decision making without additional risk. With access to 200 million companies across the globe, CRIF's Business Information Reports helps you verify the identity of companies, validate shareholders and minimize risk associated with third-parties. Our reports help in the following risk assessments: Interested to know how CRIF's Business Information Report can help mitigate potential risks?

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Improve Your Collection Efficiency by Use of CRIFs credit solutions Manage your collections more efficiently by use of data, analytical and automation solutions provided by CRIF – reduce your cost and improve collection rates. Predictive Analytics Leverage power of statistics and analytics built on application data, credit bureau data and additional data points to help predict risk and support decisions. Our experts can build collections scorecards to make your collection process more robust. Our collections scorecards can help you improve your collection and recovery efficiency, reduce write-offs and decrease staff costs.

30+ Years of expertise in credit risk modelling and decision analytics Lending is becoming more future-oriented and Predictive Analytics can help financial institutions be at the forefront of innovation. All types of credit risk management require data analytics, and increased data availability and processing tools will bring new credit risk management opportunities. Predictive analytics is the practice of deriving information from existing data in order to identify the likelihood of patterns and predict future outcomes and trends. It forecasts what might happen in the future with an acceptable level of reliability and incorporates what-if scenarios and risk assessment. DURASHINE® Color Coated Profile Sheet Job Title: Manager Corporate Strategy Qualification: B.E with MBA from Premiere Institute Location: Pune Corporate Office Work Experience: Experience in corporate planning and strategy preferably in manufacturing segment. Experience in strategy, planning, financial & business analysis, project management would be preferable.

Get Up-to-Date Business Information Report & valuable Company Information From the Globe at your desk Companies all around the world looking for the highest quality business information can use CRIF solutions to help them achieve the best results in terms of profitability and healthy growth. CRIF has established a new approach to business information using on a scenario where decisions and risks are based on a complex and robust framework of value-added information, dynamically updated and revised. This means the creation of an ecosystem where data are linked to each other and can be transformed into information specific to different evaluation processes. SkyMinder is the CRIF platform which enables the global market to access commercial risk data and take better business decisions on worldwide companies.

Perform Decision Analytics through CRIFs Business Rule Management System CRIF’s user-friendly decision engine for automating decisions that leverage data & analytics. StrategyOne integrates in a single tool the components of design and execution of the essential strategies to manage all decision-making processes in a complete, effective and timely manner. Decision Management with StrategyOne Release your organization from the inflexibility and high costs of having hard-coded rules dispersed throughout your systems and adopt an enterprise decision management approach and technology that empowers business users. CRIF’s decision engine puts business people in the driver’s seat to quickly and easily implement, test, monitor and change business rules, credit scores, calculations and entire decision processes without coding, resulting in automated and confident decision-making throughout your enterprise.

Manage Application Fraud Technology has been the biggest agent of change in recent times, and more so, in the financial services sector. Be it financial transactions, customer experience, marketing of new products or channel distribution, digitization has permeated all departments of finance. With terms like 'digitization' and 'cashless transactions' on the rise, most physical and time-consuming transactions have been replaced by fast and convenient, real-time payments. But all this convenience does not come without the risk of opening new avenues for frauds. Activities such as phishing, application fraud, identity fraud, and card skimming are increasing.

By LYSAGHT®Tata BlueScope Steel Job Title: Manager Corporate Strategy Qualification: B.E with MBA from Premiere Institute Location: Pune Corporate Office Work Experience: Experience in corporate planning and strategy preferably in manufacturing segment. Computer Imaging of the Face Dr. Chaudhari has one of the few clinics in the Pune to offer state- of-the-art Computer Imaging. Computer Imaging of the face allows you to fully describe to the surgeon what is desired, and for the surgeon to illustrate what is possible.

My Credit Score: Credit Risk and Its Significance in Business If you have ever lent money to someone, you know the apprehension that comes with lending, considering the uncertainty of receiving your money back. Even though the borrower is someone you know well, you will at least be a little skeptical before you hand them over your sweat & blood. Nevertheless, when you go ahead and lend the money for trust’s sake, you have now exposed yourself to what is called a ‘credit risk’. On a broader scale, many organizations are constantly exposing themselves to credit risk. If you are a supplier of goods, you may have to give your customer a 30-day or 60-day credit period for payment.

The Credit Risk Management Models transform a rigid credit process to an automated process Balancing continuously changing demands, while providing superior service, quicker responses, improved results and better control requires an innovative and flexible solution like CreditFlow Business Process Management (BPM), which transforms a slow, rigid and unenforceable credit method to an automated, paperless and manageable end-to-end process. CreditFlow is an agile and innovative business process management (BPM) suite built specifically for credit processes like customer onboarding and loan origination. CreditFlow automates the end-to-end process, from information gathering e to approval and booking, orchestrating manual activities with workflow and document management, connecting participants and integrating all systems involved to meet your credit process needs either with a pre-defined or customizable solution.

Does a Failed Credit Card Payment Pull Down Your Credit Score? Rohan is browsing through his mail. He sees the monthly credit card bill sitting in his inbox, oh-so-proudly. It was his birthday month and his bank gave him a new credit card with a generous limit. And this leads to the crux of the matter: he crossed the planned budget!

Consumer, Commercial, Microfinance Credit Bureau - CRIF Is One-Stop Shop Know more about applicant before approving a loan using CRIF's comprehensive credit bureau reports and manage risks early. The reports come with a Credit Score, a statistical score in the RBI recommended range of 300-900, which enables automating decisions. The credit bureau reports are available for Consumer (Individuals), Commercial (Non-Individuals) and Microfinance segment of applicants. Consumer Credit Report and Score CRIF High Mark's Consumer Credit Report provides a 360degree view into the credit history of an individual from over billion data records from all banks, NBFCs, HFCs, Microfinance institutions, Cooperative and Rural banks across India. We cover individuals from all strata of our society and all parts of our country – including the rural India.

4 Steps to Effective Third-Party Due Diligence- Blog If you’re like most businesses, you have a host of third-parties that you depend on to support your core business functions. Third parties may include suppliers, distributors, resellers, local agents, joint venture partners, and so on. As organizations benefit from multiple connections, they also face the challenges of managing the vast network of third-party spread across geographies. Many of these third parties have access to your internal network, some are directly associated with your clients, while some are highly crucial for your production process. All these factors put third parties in a position from where they can directly affect your business as well as reputation. Hence, it is required to perform due diligence prior to hiring a third party.

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