Creditsafe and CreditorWatch forge a data partnership to release Australian data to over 110k Customers with an exclusive interview video between CEOs
[Cardiff, Wales]: Creditsafe Group today released a candid interview between Creditsafe CEO Cato Syversen and CreditorWatch CEO Patrick Coghlan on the power of strong commercial data networks and the importance of Australian data to businesses worldwide.
The interview launches on the occasion of Creditsafe’s first-ever offering of Australian financial datasets after entering a partnership with Australian data provider, CreditorWatch. This is a major move for Creditsafe’s ongoing mission to provide rich company insights on businesses worldwide.
“Creditsafe is very excited about the future and invested in assisting CreditorWatch in their mission to make cross border business information more readily available in the Australian market. Identify risk early and protect your business,’” said Paul Beard, Managing Director – International at Creditsafe Group.,
During the interview, Cato and Patrick discuss the importance of the ongoing monitoring of company data, the growing trend of decision-engineering in organisations, the demand for more clarity and better compliance in supply chains and prevailing trends in how businesses are using data at the moment.
“At the end of it, the world is getting smaller and having the ability to see through various jurisdictions across multiple countries is very important and we’re excited about having access to that,” maintains Patrick in the interview.
“Finding like-minded organisations around the world is the key here. Let’s say, if the parent company sits in Germany, we want to facilitate the quick ease of seeing the data, at an affordable price,” states Cato, explaining the need for more accessible, affordable data worldwide.
Creditsafe’s decision to expand their Australian coverage comes at a time when there’s a clear demand and desire for it in the market. Only Australian companies of a certain size are mandated to file financial statements with the Australian Securities & Investments Commission and the associated cost of obtaining this information has always been prohibitively high. Creditsafe’s expanded access to Australian datasets comes with many new benefits for customers including:
- Access to both globally standardised and locally filed financial statements: It brings rich financial data for all 21,000 businesses required to file financials in Australia.
- Addition of over 180 new data sets: It enables companies to make even stronger business decisions when trading with Australian businesses
- An additional offering of Australian Group Structure data: It will now allow businesses to explore corporate hierarchies for Australian businesses
To learn more about Creditsafe’s international data and credit checks, click here.
To watch the full interview video, click here.
About Creditsafe: Creditsafe, the global expert in credit monitoring and risk management, is the world’s most used provider of business credit reports. Today, over 115,000 customers globally depend on Creditsafe to make critical business decisions. Using real-time data from over 9,000 sources across 200+ countries and territories, Creditsafe’s mission is to help businesses mitigate financial, legal and compliance risks, while also empowering them to make more informed decisions. To learn more, visit www.creditsafe.com
About CreditorWatch: CreditorWatch is a leading Australian data and technology company that provides businesses with access to unique data and innovative products. By using our platform, our customers can confidently manage their commercial relationships, improve productivity and reduce financial risk.
As a commercial credit reporting bureau, CreditorWatch offers a complete suite of credit reporting products and data insights covering the entire customer lifecycle, from customer onboarding and credit decision automation to credit risk management and automated collections. To learn more, visit https://creditorwatch.com.au/
Source: Creditsafe
