Risk Management - Articles

Business partner's evaluation flow to minimize risks and support economic results

Achieving positive economic results is the target of every business firm. It seems obvious, but it involves many actions that can be linked to the company itself, like industry, dimension, location, and others that are common to all businesses, despite their own profile. Control risk knowing in advance if a partner is strongly exposed to adverse events can help in avoiding all dangerous scenarios or mitigate issues by putting in place the right actions.

Evaluating a business partner is a process involving more aspects in a complex and global environment exposed to different kinds of risks, some of them unexpected and quite new.

Business partners can be customers, suppliers, or distributors establishing different relationships inside companies.

Thanks to SkyMinder, CRIF worldwide business information platform, is possible to access best-in-class solutions to evaluate companies.

Click here to discover more.