In October, CRIF was invited to speak by the Hong Kong Medical and Healthcare Device Industries Association and by the Institute of Certified Management Accountants (CMA Australia). On both occasions, CRIF talked about how to use business information to reduce export credit risks and how to strengthen credit risk management.

In recent years, exporting companies have faced increasing business risk due to an unstable business environment. Business information is a powerful tool that allows companies to know more about their potential partners’ background before entering into a relationship, helping them to select quality customers and reducing the risk of bad debts. During the seminars, CRIF introduced some effective ways to mitigate export credit risk, based on its experience as a leading business information provider at a global level. CRIF’s tools can effectively help companies to control credit risk within different trading processes and meet company compliance requirements.