CoCredo

reeves - company credit checks

Our DUAL Reporting Service is unique in the credit report industry. Unlike any other report on the market, our multi agency credit report allows users to view two credit report sources in one simple-to-read report giving a unique and objective perspective on multiple credit recommendations of a company's credit risk.

Credit Check Dual Reports

Our premium service offers an additional, prominent data source to our portfolio. Customers can now see the best company credit data from two credit reference sources in one report so that they can view two providers' opinions and perspectives of a business, combining essential business elements of each. The reports will look and feel the same as our current business credit check reports.

Whilst your credit scores may differ, they are all based on the information in your credit reports. Reviewing and monitoring your credit reports for changes may prove very beneficial.

Our research shows that many customers want to view multiple reports when running a company credit check to gain a wider understanding of the business's performance and financial stability to give them more confidence in making the right decisions.

Our multi-agency two credit reports in one, DUAL Report, removes the costly and time-consuming process of logging into different systems and comparing business credit scores in different formats by condensing this information into one simple-to-read comprehensive business credit check report.  You can also call our Customer Service Team should you have any queries regarding the data.

What our customers are saying about our Dual Report:

Phil Rice, Head of Credit at Aggregate Industries UK Ltd

"They are a great feature in the credit risk professional's toolbox, a real innovative feature. It offers another good insight on the risk involved, especially if there is an element of uncertainty over where to position the limit."

Paula Clark, Team Leader Agency Credit Control at Bauer Media

“CoCredo’s Dual Report now allows us to have the option to re-visit previous marginal decisions to see whether we would now possibly approve them for credit. The systems are very easy to use, very user friendly, and extremely easy to navigate.”

Sheena Purcell at Festo, Credit Control Manager

“We have been enjoying the benefit of Dual Reports for some months now.  When credit checking, our default report is level 3 for new customers. In the majority of situations, this is adequate for setting up credit accounts.   We keep a record of the recommended limit via monitoring. When customers exceed this or wish to spend more, we run a Dual Report.  Having the two different perspectives gives us the confidence to make a speedy decision on future spending and in a lot of cases helps to extend credit further where we may not have in the past.  Happy customers and extra sales.

It has also helped when looking at larger spend accounts with my Senior Management Team here at Festo – having two opinions instead of one is a major advantage.”

Lester Mortimore, Credit Control Manager at Kew Electrical

“I think the dual reports are an excellent and innovative addition to the tools available to me as a Credit Manager. They draw information from more than one source that allows us to make far better-informed decisions regarding our customers and their business with us. That then allows us to maximise our trading potential with them.” 

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