Based on the latest Veda research 4% of your customers are likely to be in external administration or will be de-registered. With over 20% of the average customer ledger containing inaccurate identity information for businesses, is it time to run a HealthCheck on your business?
HealthCheck uses Veda and third party data sources to help you identify data quality issues, maintain up-to-date identity information for the entities you have provided to Veda - and manage the credit risk of your customer portfolio.
Benefits to you
- Reduce costs associated with inaccurate and unpaid invoices. Accurate invoice information will help ensure that you send the invoice to the right entity at the right address
- Identify invalid registration of security interests. Registering your security interests against the correct entity will improve the likelihood of a successful claim of title
- Improve the efficiency of data management activities such as audits, compliance checks and monitoring by accessing accurate information
- Prioritise your portfolio risk as your customer base grows.