By using credit ratings, you minimize the financial risk of new B2B customers. A credit rating is an assessment of the risk that a potential debtor will not repay his credit. With Risika's platform, you can also keep track of current or potential business partners, as you will receive immediate notifications if the financial situation of a current customer or business partner changes.
With a credit rating you gain insights into the financial situation of your B2B customers, suppliers, and other partners.
You minimize the risk of large losses and lower the number of debt collection cases.
You can set the payment terms for you and your B2B customers based on reliable data, which reasonably distribute the financial risk between you.
A credit rating is an assessment of the risk that a potential debtor will not meet its credit obligations. The credit rating therefore implies a prediction of the debtor’s ability to pay the necessary debt and therefore implicitly indicates the probability that a given debtor will go bankrupt.