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Consultations on financial risk management

By financial risks we first of all mean credit risks, i.e.  the risk of a debtor emergence.

To minimize such risks means to manage them efficiently. As a matter of our longstanding experience we know that credit risk management can be narrowed down to the chain of three links. And it really does not matter what is your company's business, how many partners you deal with, whether you work at home or foreign markets. The risk management formula designed by our specialists is the following:

1.       Your business partner initial check-up;

2.       Monitoring and regular analysis of your cooperation process;

3.       Cooperation with an company in case of amicable or legal debt collection.

Due to specific character of our business regarding financial risks we consider how the work of a company should be organized so that in case a debt appears it could be quickly and what is more important effectively recovered. On the basis of such an approach we consult our clients.

Among others we analyse how well accounting of financial relationships with partners, customers and suppliers is organized and whether it is compatible with our company?s technologies.

Compatibility is highly important so that in case we are ordered to collect a debt we could start doing that immediately.

In a word, our specialists are ready to apply the above-mentioned scheme to your company, share their deep knowledge and experience, as well as provide illustrations from real life.

Companies monitoring

During a certain period of time, we monitor and submit to a client reports on all changes with the queried company that could affect on the performance of its commitments.

The principal items of our monitoring:

• Registration data changes (shareholders, directory, share capital);
• Changes in the Pledge Register and Cadastre;
• Changes in Risk net database;
• News collected from the mass media.  

Your advantages when using the monitoring service:

• Your partner's state of business control;  
• Decisions are taken quickly and adequately the changing situation;
• You get recommendations of our experienced specialists

We have worldwide network to generate the accurate & reliable credit reports for you.

 Consultations-examinations of contract projects

Concluding a deal the partners hope for the best. But anything can happen in business. Probably you are quite well aware of that. That is why the contract text should be worked out as correctly as possible even if you are sure the deal will work 100 per cent. Examine every single item, just to be on the safe side, especially if you have provided a service or supplied some goods you have to be paid for.

In our practice we have seen a lot of different contracts: some better, some worse. But whatever the contract contents are we are interested in that regarding only one aspect. As you must have already guessed we are concerned to what extent the contract items can be helpful in case of a debt collection. We are sure that whether your counterpart is situated abroad or is your country resident the contract should be equally scrupulously scrutinized. Though it is understandable that you should be more sharply alerted if you deal with a foreign partner. In this case you should know all the twists and turns not only of your country legislation but also of the international contractual law.

During the last several years we have been acting as an independent expert regarding contract projects. That experience enables us to share with you a lot of useful information, we are always at your service to examine a contract.