Business Solutions

Every year Australia businesses write off billions of dollars in bad debt. By better understanding credit and fraud risk at point of application, providing a smoother, more efficent customer experience, better segmenting and proactively managing existing customers and the collections process you can help improve customer satisfaction, reduce the incidence of bad debt write offs and ultimately improve your bottom line.

 

Veda holds data on more than 14.6 million credit-active individuals, 3.6 million on companies and businesses and 3.81 million on Sole Traders throughout Australia, providing customers with the ability to make more informed decisions.

 

Veda's data and IP driven insights are applied in a range of different ways to a range of different markets, these include:

• creating automated decisioning systems for business
• providing both decision specific and wider trend information on consumers and businesses
• powering marketing services decisions
• enabling asset and property decisions