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Blog: Waarom het tijd is voor CFO’s om de volledige potentie van data te benutten - Altares
Credit Risk Management

It's time for CFOs to unlock the power of unused data

The role of CFO has changed drastically in last few months. Also prompted by the corona crisis, new digital practices are being introduced within the workplace. Let's take a look at how todays CFOs play a role in unlocking the full potential of unused data.

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Credit Risk Management

The June 2021 Barometer: 66% fewer bankruptcies

By June 2021 (1-7-2021), a total of 101* bankruptcies have been declared. That's a whopping 66% fewer than the number of failures during the same period last year (295). With 192 bankruptcies, March 2021 is still the month with the most bankruptcies in 2021.

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What can we help you with?

Did a promising lead come in? Good for you! But now it's time to make some business decisions. Are you going to accept him as a customer? Can he buy on credit, and if so on what terms? When making these decisions, use our reliable business information, such as our credit risk data. Then you avoid doing business with companies that actually cannot meet their financial obligations. Read more.

Knowledge and understanding of your market is critical to your success. The Dun & Bradstreet Data Cloud is the largest of its kind and allows you to conduct comprehensive analysis, understand your market share and market penetration, and uncover growth opportunities.

How many companies are there actually within a particular region and how big are these companies? How many companies are active within a specific branch and how many people are employed there? You can quickly and easily make counts and selections in D&B's international companies database on the basis of many criteria. This gives you an insight into where you can best focus your efforts and where your chances of success are the greatest. Read More

By integrating our rich database into your ERP system, you can benefit in many ways. For example, you clean up and keep your data clean throughout your organization. You can validate and enrich your customer and prospect information directly from your business application. Current information becomes instantly accessible within your ERP and you can use it to automate your acceptance process and improve scoring model. Read more.

Almost 70% of Dutch BVs are linked via shares to another company in the Netherlands or internationally. More than 30% of Dutch BVs and NVs have a link to foreign companies. The Dun & Bradstreet Data Cloud is the most complete and reliable source for insight into the Dutch and foreign relationships of your business partners, ranging from small unknown companies to the largest multinationals with thousands of branches. Read more.

An initial check when selecting a supplier is not sufficient. It is then important to make all changes in risks transparent and to monitor them. This keeps you informed exactly how the risks in your total supply chain are developing. Only with this information can you correctly assess all risks within your portfolio. Read more.

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