Posted on June 7, 2013
pbVerify Risk Management tools
Understanding risk management is essential for the success of your business, as you don’t want to enter into business deals with individuals or other businesses that have sordid financial pasts. Unfortunately, too many honest businesses fall prey to dishonest or irresponsible parties that dont’ fulfil their end of the business deal, whether it’s failure to repay a loan, defaulting on payments or being dishonest about credit histories, and this ends up hurting profits, productivity and reputation.
If you haven’t heard about pbVerify, you’re missing out on an excellent risk management tool that’s been specifically designed for businesses like yours. After registering for free, you’ll have instant access to detailed financial information, credit histories, public trace record information and more. There’s no monthly fee and you only pay per search, and we can supply you with reports on individuals, companies, closed corporations, consumers and properties in South Africa.
What type of companies need a good risk management tool like pbVerify?
- Credit Grantors (any business selling on account). Whether your business does business with other Businesses or with consumers or both, we have the perfect solution for you. Connect your business to instant, online access to credit and registrar information from all three major credit bureaus, CIPC (previously CIPRO) and Department of Home Affairs (DHA).
- Real estate companies. Fully vet potential renters and tenants when you use pbVerify. Above all else, you want to be certain that you aren’t putting your business at risk by entering into a business deal with individuals who have a history of not fulfilling their financial obligations.
- Trace agents. Our consumer trace service is connected to more than 30 million consumer records in South Africa! If you need to locate consumers who have defaulted, this is the service for you.
- System integrators. If you need to verify the identity of a consumer, our widely-used system is the perfect tool to help you do so.
Whether doing business with an individual or another business, you want to do everything you can to ensure that it’s a wise choice. pbVerify allows you to make an informed decision.