Credit reporting agency API: Commercial Credit Checker
Commercial Credit Checker is an advanced credit reporting solution that automates business workflow by connecting lenders with major credit reporting agencies to perform lending decisions inside Salesforce. Cloud Maven, Inc., a certified Salesforce ISV Partner and the 2021 Salesforce Partner Innovation Award winner has developed this solution. In addition, the organization offers various products, advisory, and Salesforce consulting services to assist businesses in meeting their objectives. Several factors contribute to the increasing use of commercial credit reports for businesses. First and foremost, businesses want to ensure that the people they are doing business with are trustworthy. Second, businesses want to know that their money is going to the right place. Finally, businesses want to ensure that the people they are doing business with have good credit ratings. Businesses must typically contact a credit reporting agency to obtain a commercial credit report. These reports are provided by several agencies, each with its own set of rates and policies. You might avoid future annoyance or financial loss by first investigating a company’s credit history and financial standing. While at it, monitoring the company’s financial situation and credit activity is a good idea. When you have many customers and suppliers, things get more complicated. Understanding the risk factor and keeping a close eye on their credit history is necessary. Credit Checker allows businesses to pull a real-time business credit report from Experian, Equifax, and PayNet using any Salesforce object. It has a database of millions of active businesses and serves various audiences in over 62 countries. It enables businesses to conduct effective credit risk analysis within Salesforce by providing critical risk data such as bankruptcies, payment behaviors, collection information, legal filings and fraud, Liens and Judgment, and OFAC reports. To gain a better understanding of the business, the app can also access the DataMerch report. The DataMerch report provides valuable information to lenders about customer preferences and financial behaviors. It has a customizable dashboard that businesses can use to track and understand the profiles. The dashboard contains all of the company’s information and aids in sorting profiles based on the company’s preferences. This credit reporting tool requires only the company name to retrieve all credit information from any Salesforce object. This solution is available for a free 30-day trial on Salesforce AppExchange. Contact info@cloudmaveninc.com for any questions, and follow us on LinkedIn, Twitter, and YouTube for further information.
