Risk Management - Articles
How to control the risk of worldwide business partners in an economic crisis scenario
May 6th 2024
The current economic scenario is particularly under pressure mainly due to several conflicts that they’re now at the regional level but with a real risk of worldwide escalation. Relationships between countries are becoming even more complicated and also future elections, in June for the European Union and November for the United States, are underlying a scenario that requires to be strictly taken under control.
Economic trade is of course impacted and also companies must be in a position to increase their awareness of related changes that could impact business partners. It isn’t any more realistic to look at the market as something stable and only partially involved in changes, but the market must be considered as an entity permanently on the move to be analyzed to prevent negative impacts and exploit potential opportunities.
Thanks to SkyMinder, CRIF worldwide business platform, is possible to choose between different solutions able to monitor how business partners are performing considering also different local scenarios.
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