Minimise financial risks with
automated credit assessments 

An assessment of a debtor's creditworthiness, which can be an individual, company, public authority, or other entity, is called a credit rating.
Credit ratings influence a person’s/company’s/industry’s ability to obtain credit and the terms (interest rates, etc.) that lenders may offer. It is crucial for the health of your credit.

The purpose of a risk assessment is to identify risks that could negatively impact a company's business operations. This process involves identifying inherent risks within the industry and providing measures, procedures, and controls to help the organisation mitigate the impact of such risks.

With Creditro Assess, you receive a single assessment point for real-time information.

Almost all companies will be affected by fraud, to some extent. Common questions that arise after experiencing fraud include: who was responsible and whether it could have been anticipated. A study highlights some of the most prominent characteristics of a fraudster:

• Aged between 36 and 45
• Employed in a trusted position (29% are Directors)
• Have been with the company for more than six years

The study also reveals that in over half of the cases, the fraudster works within the same company that is targeted, and in about 70% of the cases, they do not act alone in the fraud.

With our early warnings about bankruptcies, you can act in advance and minimise your losses. Our customers receive alerts every day in their inbox or through their ERP/CRM systems.

Creditro Assess provides you with automatic credit assessments across countries. We perform risk calculations and alert you about bad payers, bankruptcy alarms, and fraud detection.

We have built an intelligent platform that can:

• Identify 9 out of 10 fraudulent companies*
• Warn against 65% of all bankruptcies at least 3 months before they occur ** 

* Based on 5,249 bankruptcies in Denmark in the years 2018-2019 
** Based on 952 companies convicted of fraud.

Creditros risk score evaluates the company's internal conditions, and simultaneously the likelihood of bankruptcy. The algorithm examines both internal circumstances and external factors related to the company and the individuals behind it. The analysis utilises bankruptcy statistics dating back over 60 years.

A fraud score indicates the extent to which a company follows a pattern we have previously associated with fraudulent and shell company activities. However, we always recommend using common sense and maintaining a conservative credit policy.