Equifax Inc. (NYSE: EFX) announced the launch of a new solution that gives companies increased control over the risk management of business customers as well as suppliers.
Business Credit Monitoring(TM) provides companies with early warning alerts when business customers or vendors may be facing financial challenges. With this solution, businesses can improve their risk assessment processes and reduce losses by identifying customers and suppliers before they become delinquent on financial obligations and impact profitability.
Business Credit Monitoring is the latest addition to Equifax’s comprehensive suite of portfolio management solutions. From account monitoring to benchmarking, Equifax solutions help businesses track industry and portfolio trends, identify areas of risk and market opportunity and modify strategies based on a deeper understanding of commercial accounts and their financial status.
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