How to identify and prevent the most common financial risks of companies

In a constantly changing world, financial risks lurk around every corner. A late-paying client, an unstable supplier, market fluctuations or internal problems can threaten your business stability and even survival.

In industries, financial risks can have a devastating impact, creating a snowball effect, affecting not only individual companies, but also the regional economy, especially in Latin America (LATAM).

For example, a recent ECLAC report highlighted that by 2023, 20% of SMEs in LATAM closed due to financial problems. These closures not only affect employees and their families, but also have repercussions on the supply chain and regional economic growth.

Shielding commercial data

For years, CIAL Dun & Bradstreet, the No. 1 provider of commercial data in Latin America and the Caribbean, has introduced two products to the market that truly have no competition: CIAL360 Credit and CIAL360 Supplier.

CIAL360Credit is the cloud-based platform that assists in decision making related to credit and risk. It helps companies improve their risk management processes by providing the necessary assessments to perform a commercial, operational and credit analysis of their applicants.

CIAL360Supplier is also a next-generation cloud platform that allows you to streamline and automate the supplier evaluation process, enabling a more secure supply chain.

Both platforms are closely linked, since while CIAL360 Credit offers a quantitative approach to short-term results, focused on financial performance, CIAL360 Supplier provides a qualitative approach with a more administrative profile.

Portfolio Insights: The new feature to mitigate financial and supplier risks.

To further enhance risk management, CIAL Dun & Bradstreet has launched Portfolio Insights, a new feature of the CIAL360 platforms.

Portfolio Insights allows companies to visualize the risk level of their  europe cell phone number list  portfolio through simple and easy-to-understand graphics. This tool provides a quick and clear assessment of financial risk, allowing companies to make informed and proactive decisions.

Once you create a segment of companies you want to evaluate, Portfolio Insights helps you discover 5 levels of risk that can give you greater perspective when making decisions. These levels are as follows:

Risk level per month

A graph that includes historical data for companies over the last 12 months, which  how to find partners and suppliers in latin america? will allow you to compare risk levels on a monthly basis. It is known that companies have periods of higher or lower sales, so this graph will give you more planning on how to develop your strategies according to the months that present a higher level of risk.

Risk level by years of seniority.

A chart that helps you determine the risk level of your portfolio based on the year in which the  egypt data  companies were created, a factor that often influences the stability of a company.

Risk level by business activity.

This chart will help you outline the risk level of your portfolio according to the business activity or industry you are engaged in. This information will help you know which industry may represent a greater risk for your company, in the event that your business has relationships with companies from various sectors.

Risk level by assessment status.

This chart shows the step-by-step decisions of your assessments with different risk levels (Low, Medium or High) of your portfolio over the last 12 months, which will help you understand in a global way what type of risk your portfolio usually has, and if your credit applications are usually approved or rejected.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top