Every company that offers products or services on credit needs valid and reliable information in order to assess the creditworthiness of its clients and limit the risks arising from commercial transactions. Only then can it make the right decisions and grow securely.
A potential client's credit profile (Credit Report) is an internationally recognized tool for checking the solvency of a company's clients.
Instant Credit ID, the new service for companies by Tiresias, ensures:
Tiresias' new innovative Instant Credit ID service is an API (automatic system connection) application, through which businesses are able to receive instantly, reliably and transparently, comprehensive summary information on the credit and transactional behaviour of their customer, company or individual, in their commercial transactions.
It provides summary financial information on the type and amount of credits and loans and their consistent or non-repayment as well as the solvency ranking of your client.
The above data are sent via API in real time to your company, provided you have previously informed your client and obtained their written consent to access their financial data, as kept in Tiresias’ records. At the same time, a relevant report is automatically generated in pdf format and sent to your client, thus enhancing data transparency and completeness. The data are only intended for your company's internal use and only concern the client with whom you have a direct transaction.
With Instant Credit ID, you receive:
More specifically:
The information comes directly from the Tiresias database, the most reliable and comprehensive database on financial behavior, which is constantly updated with information from Financial Institutions, Courts, Mortgage Offices, the Land Registry, the auction publication website and GEMI.
Companies that carry out direct credit transactions with their clients and require instant access to financial information in order to assess the credit risk of each commercial transaction.
With the Instant Credit ID service you can assess for your prospective or existing customer, company or individual:
Therefore, you can:
The Instant Credit ID service is a flexible API solution that can be adapted to your company's electronic systems. You can also receive the information via a web application, if preferred.
Please fill out the form below and we will contact you directly to review your needs and how you can benefit from this service.
