For a business to run, there need to be a plethora of tasks, strategies and operations to be carried out perfectly. A business, can’t always afford to invest time into organising its processes and making sure returns and investments are done right, or even to reap what a business is owed. Depending on the size of a business, it may even take several phone calls, spreadsheets and reports to figure out how much outstanding debt there is. It is here where Coface has seemed to step in to the rescue, being that someone who would help ensure the organisation gets paid what is owed for the business. It addresses credit insurance, and business information for its prospects as well.Coface extends credit insurance thereby addressing riskavtäckning. The insurance proves to be phenomenal for international and domestic business trade. Credit insurance covers the risk of financial loss that can surface when trade credit is offered by a business to its customers, as well as addresses kundreskontra. The firm has its presence in 97 countries and has extended support for customers from over 200. It has its own internationally established network, termed the company’s network.
As of the end of fiscal ‘14, the figures at the organisation has held the following stats:
1. 4,440 — employees worldwide
2. 37,000 — businesses use the services and guarantees from the firm
3. 452 bn — billion of insured receivables
4. 65 million — information on companies worldwide
5. 1,440 m — turnover
6. 97 — countries in which the firm operates
Collaborating to work in close partnership, it has acted to be the advisory to a myriad of companies and businesses at every development stage in order to anticipate riskavtäckning and help take the right decisions.
The four pedestals the firm stands upon include:
1. Credit insurance
2. Our economic studies
3. Global solutions
4. Complementary services
The organisation addresses debt collection concerns for a firm as well. As is the case for underwriting, the debt collection services are supported locally. New measurement and control tools have been introduced to blend in greater standards. With harmonised operating principles, the firm has been speculated to have raised the overall quality of debt collection services worldwide, providing considerable benefit to its prospects, addressing it in regard to kundreskontra.
Coface has longed to incorporate in-depth economic studies and also issues monthly publications to support corporate strategy and guide their business decisions. Be sure to follow the reads from that to know more and follow this link to surf through the website.
Website: http://www.coface.se/