is associat with many risks. Partners may be unreliable, clients may not fulfill their payment obligations, and tax audits colombia phone number data may result in serious additional charges. Companies that have recently entered the market or have not yet had time to strengthen their positions are especially vulnerable to these threats. Although it is impossible to completely eliminate risks, some of them can be minimiz with the help of modern tools. Pavel Baranchikov, Director of Development at the IPG digital agency, talks about which business indicators of your clients and contractors should be monitor how to automate this process and make it financially accessible.
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ould small and micro businesses check their counterparties and how to do it on a budget
— How can the process of checking counterparties be automat and what benefits does this provide?
— Classic (non-automat) counterparty verification may look like studying a large number of open sources by the company’s TIN and bringing it into a report, studying it and highlighting risk factors. But almost no one does this anymore, since there are many counterparty verification services that will quickly collect all the data in 1 report and highlight risk factors. This saves a lot of time, but what if you need it even faster, and in some cases without human intervention at all? And what if the data needs to be uploaded to your accounting system or CRM? A number of services have an open API (a software interface that allows you to link different leveraging poa&ms to bridge critical compliance shortfalls applications) specifically for this purpose.
- with the help of which the counterparty verification service can be integrat with your CRM. This makes it possible to upload the data necessary for verification directly to the company or transaction card in real time, generate the necessary reports, as well as monitor important indicators (for example, the beginning of bankruptcy proceedings) online and notify responsible persons about important changes. It becomes possible to set any verification mechanisms.
- and if the main indicators are in order, then human labor costs can be exclud
- altogether.
Since we specialize in the implementation of Bitrix24 CRM and automation of counterparty verification is a fairly popular request among our clients, we have already developed 3 different b2b fax lead solutions to meet such needs:
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