www.creditsafe.com
Open in
urlscan Pro
2606:4700:10::6816:b84
Public Scan
Submitted URL: https://go.creditsafe.com/MTEwLVRPUi04MTQAAAGNUZS4SVwavwv92X96-kKl3Xftddyabmij-IEnSx40r_d2wDGW-BxgKi-ztOVrvJeVxKG52TM=
Effective URL: https://www.creditsafe.com/us/en/resources/blog/international/expanding-our-international-data-to-latin-america-and-caribbe...
Submission: On August 02 via api from GB — Scanned from GB
Effective URL: https://www.creditsafe.com/us/en/resources/blog/international/expanding-our-international-data-to-latin-america-and-caribbe...
Submission: On August 02 via api from GB — Scanned from GB
Form analysis
0 forms found in the DOMText Content
* Get in touch Contact Sales (855) 551-6903 Contact Support (855) 551-6903 Help Hub * * Creditsafe Group * Belgium * Canada * Denmark * Deutschland * France * Ireland * Italia * Japan * Nederland * Norge * Sverige * United Kingdom * United States * English * English * Credit & Risk Business Credit Reports Reduce your credit exposure by reviewing the financial status of your partners, suppliers and vendors Get better data International Credit Reports Access Creditsafe's global database of over 430 million companies worldwide Access international data Business Index Benchmark and compare your business to others within your industry and location. Start comparing Back Credit Reports -------------------------------------------------------------------------------- * Business Credit Reports * International Credit Reports * Business Principal Reports * Company Monitoring Product Packages -------------------------------------------------------------------------------- * Product Packages * Compliance PEPs & Sanctions Checks Protect your business from the threat of bribery and corruption with global sanctions and watchlist screening Start integrating Enhanced Due Diligence Simplify your KYC and Due Diligience processes by accessing over 35k data sources in one platform Learn more Back Compliance -------------------------------------------------------------------------------- * PEPs and Sanctions Checks * Enhanced Due Diligence * Creditsafe Protect * Integrations Business data API Use Creditsafe data to build a platform for your decision making. All accessible through our API Start integrating Check and Decide Automate your decisioning processes to speed up credit applications and customer onboarding. Learn more Salesforce App Enhance your Salesforce CRM with accurate and business data. Make bad data in your CRM a thing of the past. Get started Back API & Integrations -------------------------------------------------------------------------------- * Business data API * CRM Integrations * CreditPoint Software * Sage 50 App * Salesforce App * Check and Decide Check and Decide -------------------------------------------------------------------------------- * Data Hygiene Master Data Management Mastering data management couldn't be easier with Creditsafe's suite of data governance solutions. Get started Sales Prospects & Marketing Data Grow your business internationally with pre-credit checked prospects from 12 countries. Get started Data Cleaning & Data Enrichment Streamline your business efficiencies with accurate and up to date business information Get started Back Data Hygiene -------------------------------------------------------------------------------- * Master Data Management * International Prospects * Data Cleaning and Enrichment * Resource Center Blog Check out our latest hints and tips in the Creditsafe blog. Visit blog Research and Trend Reports Check out our latest research and trend reports. Visit research Back Content Hub -------------------------------------------------------------------------------- * Blog * Guidebooks * Case Studies * Webinars Industry Insights -------------------------------------------------------------------------------- * Newsroom * Research and Trend Reports * More Contact us If you would like to reach out to us directly please contact us today. Contact us Customer Help If you would like to learn more about our products please visit our HelpHub. Visit HelpHub Trade Payment Program Become a Creditsafe Trade Payment Program Member today and gain access to a range of exclusive products and features Join today Back About -------------------------------------------------------------------------------- * Our Story * Our Data * Careers * Scorecard Update Help -------------------------------------------------------------------------------- * Contact us * Customer Help * (855) 551-6903 Back Get in touch Contact Sales (855) 551-6903 Contact Support (855) 551-6903 Help Hub * United States Back * Creditsafe Group * Belgium * Canada * Denmark * Deutschland * France * Ireland * Italia * Japan * Nederland * Norge * Sverige * United Kingdom * United States * Language Back * English * Free Trial * Login EXPANDING OUR INTERNATIONAL DATA TO LATIN AMERICA & CARIBBEAN 07/26/2023 Chapters 1. What the addition of these countries means for your business 2. Our international data strategy is all about increasing risk awareness 3. Unlocking the power of the Creditsafe Commercial Data Network OUR TEAMS HAVE BEEN WORKING HARD TO INCREASE OUR INTERNATIONAL COVERAGE SO YOU CAN ACCESS BUSINESS INFORMATION FOR MORE COUNTRIES. And now, we can give you access to business credit reports in 37 additional countries in South America, Central America and the Caribbean via our website and API. This means we now have over 430 million business reports across over 200 countries and territories. At Creditsafe, it’s our mission to power your decisions with actionable, trusted data on companies worldwide. With the increased trade and imports in these regions, you can rest assured that you’ll have the right credit risk and compliance data so you can make the right decisions for your business. The addition of these countries is part of our larger international data strategy. When we launched as a global credit monitoring and risk intelligence provider 25 years ago, we had a clear vision: to give businesses access to the right data so they could make more informed decisions and protect themselves from financial, legal and compliance risks. We’ve been fortunate enough to see our business grow during that time. One thing that has always been at the top of our priority list is to make sure we have the most robust and reliable data. And this expansion into the Latin American and Caribbean markets lets us do just that. Chapter 1 WHAT THE ADDITION OF THESE COUNTRIES MEANS FOR YOUR BUSINESS We wanted to give you a full rundown of what regions have been added, what type of information is included in the reports and why this market is so important. What’s the breakdown of countries added in each region? * Caribbean: 20 countries added * Latin America: 16 countries added * Other Region (Fiji): 1 country added What type of information can be found in these reports? * Company registration details * Credit scores and credit limits * Director information * Group structure information * Financial statements (where available) Why this market is so important? * Historically, it’s been difficult to access reliable data on businesses in the region. So, we’ve seen a massive surge in requests for companies to be researched and verified locally through our fresh investigation service. * Latin America and the Caribbean’s total imports increased at an estimated rate of 26.3% in 2022. * From multinational makers of clothing to consumer electronics, companies are reassessing their sources of raw materials, parts and factory assembling following the pandemic. That means countries in Latin America and the Caribbean are becoming go-to places in the global supply chain as businesses shift away from China. * Mexico is enticing some companies because its goods can enter the United States duty-free under trade agreement rules. * Brazil also makes sense for companies that need its natural resources (i.e. ore, petroleum) or that sell cars to its market of 212 million people. Chapter 1 OUR INTERNATIONAL DATA STRATEGY IS ALL ABOUT INCREASING RISK AWARENESS The world of commerce has undergone a profound transformation in the past 15 years, surpassing any previous period of change. Emerging from the depths of the global financial crisis, the world was then hit by the full strength of the COVID-19 pandemic, which not only disrupted the demand for essential products but also wrought havoc on global supply chains. Despite initial concerns about economic shrinkage, global trade has defied the odds and more than doubled during this period, reaching an impressive $32 trillion in 2022. But 2023 presents new challenges amid an economic storm characterized by escalating and persistent inflation, rising interest rates, mounting bankruptcies and a sharp decline in consumer spending. According to our recent study, 85% of businesses are paid late by their customers. On top of that, 28% of businesses expect to rack up between $500,000 and $3 million in debt over the next 6 to 12 months. Is it any wonder that nearly two-thirds (64%) of business leaders believe the recession will have a moderate to severe impact on their business? Chapter 1 UNLOCKING THE POWER OF THE CREDITSAFE COMMERCIAL DATA NETWORK We’ve consistently been at the forefront of data sourcing, data cleaning and data management. Through a combination of sourcing data from official registries, third-party partnerships in our home markets and the establishment of the Creditsafe Commercial Data Network comprising of over 30 international data partners, we’ve been able to meet the increasing demand for high-quality international data and insights that businesses need to survive and grow long-term. In the past 12 months alone, we’ve made significant investments to improve our data in Brazil, China, Finland, Greece, Poland, Portugal and Spain. And we’re currently enhancing our data for Australia, Indonesia and New Zealand – that’s on top of the latest launch of instant online reports for 37 new territories in Latin America and the Caribbean. Our guiding principle is to empower data-driven decisions anywhere in the world. While we take pride in holding one of the world's largest databases, with over 430 million reports, our greatest pride lies in the quality of the data contained within them. The Creditsafe Commercial Data Network is a data cooperative of sorts – essentially, it’s a network that brings together business information from market leaders across the globe into a single source. Within the database, business data is validated, standardized and connected. Together, the data offers greater value and potential than if it were separated across disparate structures. The level of participation and data sharing of each partner varies. But the more a partner shares in the network, the higher benefits they themselves get. “What makes us different from our market competitors is that we don’t just buy data from our partners, it isn’t just a transactional exchange between two parties.” said Paul Beard, International Business Director. “We look after the growth and success of our data partners and so do they. We share revenue with them, give them access to the Creditsafe product suite and at times, enhance the quality and uniformity of their data.” Despite a growing network, entry for new partners isn’t an open door. Partners are subject to a highly rigorous selection process so we can be confident about data accuracy, freshness, completeness and breadth. Partners also need to be of a similar mindset: collaborative, ambitious and customer-obsessed. Although the Network acts like a behind-the-scenes mechanism, it delivers real value in the form of reduced customer and supplier risks, stronger cash flow, better regulatory compliance and increased revenue growth. In recent years, the benefits are particularly evident in Creditsafe’s coveted global group structure data. The increased contribution of corporate linkages and hierarchical data from our partners has expanded the footprint and completeness of this dataset dramatically. In the first half of this year, we’ve increased the total number of unique corporate groups in our database by a staggering 15%. Similarly, the international coverage of our monitoring and data enrichment services is broadening thanks to the Network, which allows us to deploy the data in more ways than simply delivering reports. “We pride ourselves on being transparent about the data we hold, from the breadth and depth of data we offer in each territory to the details of our credit scores,” said Howard Roberts, Product Director at Creditsafe. “It’s important that our clients trust us and the data we offer – and you achieve that by being open. In an industry that’s ‘guarded’ about its data, we’ve been able to breathe fresh air into it and that has been well received by our customers.” WANT TO CHECK ON THE FINANCIAL HEALTH OF INTERNATIONAL COMPANIES YOU'RE WORKING WITH? Try our International Credit Reports RELATED ARTICLES... Blog How to Check If a Company Is Legitimate Read more Research Study The Murky Waters of Overseas Manufacturing Get report Blog 8 Undeniable Benefits of International Trade Read more Credit Reports * Business Credit Reports * International Credit Reports * Business Principal Reports * Company Monitoring Collections * Ledger Management * Debt Recovery * Trade Payment Program Compliance * Compliance * PEPs & Sanctions Checks * Enhanced Due Diligence * Creditsafe Protect Business Index * Business Index API & Integrations * Business data API * CRM Integrations * CreditPoint Software * Sage 50 App * Salesforce App * Check and Decide Salesforce * Business Intelligence About * Our Story * Our Data * Careers * Scorecard Update Help * Contact us * Customer Help Connect with us. Cookie Settings Sales & Support (855) 551-6903 Contact us Credit Reports * Business Credit Reports * International Credit Reports * Business Principal Reports * Company Monitoring Collections * Ledger Management * Debt Recovery * Trade Payment Program Compliance * Compliance * PEPs & Sanctions Checks * Enhanced Due Diligence * Creditsafe Protect Business Index * Business Index API & Integrations * Business data API * CRM Integrations * CreditPoint Software * Sage 50 App * Salesforce App * Check and Decide Salesforce * Business Intelligence About * Our Story * Our Data * Careers * Scorecard Update Help * Contact us * Customer Help (855) 551-6903 Contact us Terms and Conditions | Privacy Policy | Transparency Notice © Creditsafe USA Inc. 2023 : Our website uses cookies to give you the best online experience and to allow us and third parties to personalise advertising. Please let us know if you agree to all of these cookies. Cookie Settings Reject All Accept All * STRICTLY NECESSARY COOKIES Always Active Strictly Necessary Cookies These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information. Cookies Details * PERFORMANCE COOKIES Performance Cookies These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. Cookies Details * TARGETING COOKIES Targeting Cookies These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising. Cookies Details * FUNCTIONAL COOKIES Functional Cookies These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly. Cookies Details PRIVACY PREFERENCE CENTER When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalised web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. What are cookies? Allow All Confirm My Choices Back Vendor Search ADVERTISING COOKIES Filters (2) Consent Leg.Interest All Consent Allowed Select All Vendors Select All Vendors Select All Hosts Clear Filters Information storage and access Apply