Perhaps this is justified, since small companies have fewer risks?
— Not always. You can cooperate with costa rica phone number data only a dozen “trusted” companies for years, but at some point one of them may go bankrupt, fail to pay the invoice, or fail to fulfill its obligations. And it will drag the entire supply chain down with it. Imagine, for example, that a supplier of components went bankrupt, you were unable to assemble products for your clients on time and violated the deadlines for a large number of contracts, clients in turn violate their contracts where your product was planned to be used, and so on. You can also become a victim of fraudsters and enter into a contract with a non-existent company. Or run into a one-day company and get, along with a dubious contract, a bunch of troubles in the form of fines and penalties from the tax authorities.
And the more difficult the economic situation, the more seriously you need to take the security of your business, checking counterparties both when concluding and when executing contracts for financial solvency and reliability. Any entrepreneur downloadable sales with a custom online store wants to avoid mistakes that can later cost the organization very dearly.
Green Light for Business: How an App Helps Evaluate Counterparties
— When does it make sense to start checking a counterparty, and how is the check itself carried out?
— Check in advance, “before it starts”! Of course, it is best to check potential clients (contractors), preventing problems in the future. For example, before meeting with a new customer, it is worth finding out what kind of company it is, how many people work in it, how it behaves in court, how it ended the financial year?
To collect such general data .
the system will perform an express check and issue a quick report on the client in Bitrix24 (this function is activat in the free tariff of the application). The “risk level” when collaborating with a counterparty is indicat by color indicators. Green allows you to move forward, orange gives a signal to pay attention to some points, and pink encourages you to think about whether it is worth doing business with this company at all. If the “color of the business” is alarming, you can view a detailed report on b2b fax lead the partner: this is an opportunity to weigh all the risks again and make an informed decision on further cooperation.