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Risk Profiling Solution

EFCIS has successfully worked in partnership with a number of leading information providers and specialist risk assessment/profiling organisations. Risk profiling endeavours to predict the likelihood of a company becoming insolvent or experiencing payment problems within a twelve-month period.

Risk profiling would typically focus on up to 20 key financial indicators, which determine the short and medium term viability of any business.

Many financial and insurance organisations have successfully used risk modelling/profiling for many years in order to avoid unsustainable levels of losses.

All nominated accounts are monitored on an on-going basis to ensure that up to date financials (filed at companies house), CCJ's and change in directorship are obtained and reassessed.

We will also identify intensive care customers, which if dealt with effectively, will result in improved working capital and increased profit.

Methodology

EFCIS Limited will be tasked with obtaining the following data/information and will compile a quarterly (monthly if required) management report, which will include customer's risk factor and recommendations.

1. Press releases relating to individual customers
2. Trade sector report and industry comparison
3. Obtain 3 different status reports
4. UK economy reports
5. Payment or adverse information available from the market
6. Insolvency statistics by region and trade sector
7. Turnover, profit, gearing and net worth as well as other agreed key financial indicators
8. CCJ's (if applicable)
9. Customer behaviour scoring
10. Customer payment record performance within the last 12 months, DSO trends and profit erosion impact

Risk profiling allows companies to adopt a proactive approach to risk which positively impacts profit, cash flow and bad debts.