Package of Financial Reports, CIP Reports and Company Contacts 12 Months

1. FINANCIAL REPORTS

It includes unlimited monthly access to the following types of reports:

- Financial Rating

- Trade Limits

- Probability of Insolvency

- Outstanding Debts to the State Budget

Financial Rating is a system by which each company is assigned a qualification: very good, normal or low depending on the financial results and relative to the industry of which it is a part.

A very good rating means that the company has a high capacity to pay its financial obligations in the next period, compared to a low rating that shows us that the company is in an unstable financial situation.

The information is critical to determine if a company is an important player in the field in which it operates, a leader in the industry or if it meets the necessary criteria for establishing contracts.

Trade Limits represent the maximum amounts for which you can give goods or services with term payment. If too much merchandise is sold compared to the availability of payment, there is a risk of not collecting the respective amounts.

The Trade Limits indicate a maximum working ceiling between companies so that the supplier does not provide goods or services disproportionate to the client's ability to pay. In this way, the supplier can avoid the risk of non-payment by customers.

Checking the Report is extremely important to limit the risks of non-payment of invoices, the limits being granted depending on the financial situation and history of each client. If the promissory notes and checks are not paid on time, the company will be registered in the Payment Incidents Central.

The limits are differentiated according to the usual payment terms. Thus, a period of 30 days carries a much lower risk of non-payment than a period of 90 days.

The limits are determined on the basis of financial indicators and can be adjusted according to the desired degree of risk.

Probability of Insolvency shows the probability that a company will no longer be able to pay its financial obligations to the company's creditors, respectively to suppliers and financial institutions.

A high probability definitely indicates a high risk for the company, but it does not represent a certainty that the company will enter insolvency.

The report includes a statistic on the number of companies by insolvency group, which serves to position the company from the point of view of probability in the total number of companies. Thus, it can be established whether a company is placed among those with high risk or among those with low risk.

Outstanding Debts to the State Budget are the debts that the company registers with the State Budget. The larger these debts are, the more difficult their payment is, and the risk of blocking the accounts is imminent.

The outstanding debts to the State Budget are relevant considering that they can attract the seizure (blocking) of the respective company's accounts until the outstanding amounts are met. Thus, outstanding debts represent a major operational risk.

2. PAYMENT INCIDENTS REPORTS

What is the Payment Incidents report?

It represents the cumulative amounts of both major and minor payment incidents, as well as the total number of rejected instruments for the last seven years of the company's activity.

A company that has no incidents or that is not registered in the Payment Incidents Central as having events in the last 7 years, can be considered as having a higher credit rating.

How does the Payment Incidents report help you?

It presents the list of payment incidents and their dates.

The table of payment incidents contains details regarding the date of the refusal, its type, series and number of the payment instrument. The higher the number of incidents and the more recent the date of the last incident, the riskier the collaboration with the company through payment instruments.

If the company has no payment incidents, then either it has a very good payment discipline or it does not issue checks and/or promissory notes.

3. COMPANY CONTACTS

Contacts valid for all companies - Phones. E-mails. Administrators.

What types of information are included in the Subscription:
We have valid data for over 4.5 million legal entities in Romania.
You can find contacts for any SRL, SA, IP, PFA, IF, II, Associations, Foundations, Unions.

The contacts are validated by the sellers who do prospecting.
The data are taken from public sources and declared by the representatives of the companies.

The data is constantly updated.
These are obtained from official sources.
You can request changes or updates at any time.