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Accurate, Reliable & Timely supply of Global Credit Information is our commitment - GlobalCIS®
Freshly Investigated Credit Report ("Fullcheck®")
GlobalCIS® Fullcheck Reports provides Users with the ultimate in obtaining freshly investigated credit reports. Users are able to request such investigations to be performed on
ANY business entity in ANY of the 230 countries worldwide,
resulting in a credit report which has been checked and verified against the most current and detailed credit information available.
Once completed, Fullchecks are made available to Users in the form of attached reports to emails as well as access via User's personalized internet folder.
Key uses of Fullchecks include:
- Real-time correlation of data on a company's business activities and core competence;
- Identification of changes that may have recently occurred;
- Verification of current ownership and senior management;
- Input to short-listing and final assessment of competitors, contractors, agents, licensees or key players within an industry;
- Pre-M&A Due Diligence
- Assessment of credit worthiness for various types of financing;
- Up-date on any adverse business dealings.
In terms of content, what is the difference between an In-depth Fastcheck report and a Fullcheck report?
The data fields covered in an In-depth Fastcheck and a Fullcheck are almost identical. However, the major difference is two-fold:
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Depth of data.
The actual contents of an in-depth Fastcheck credit report will depend mainly on what data has been pro-actively processed on a company up to that point in time when the User accesses the report. However, with a Fullcheck credit report ALL data elements are re-checked manually during the "production period" of the Fullcheck report and when additional data is obtained it is added to the report. -
Currentness of data
The data in a Fullcheck credit report, is guaranteed to be the most up-to-date information available on the Subject Company, whereas the data in a Fastcheck credit report, can sometimes be dated, depending on the circumstances.
What are the data sources and authorities used to complete a Fullcheck credit report?
Sources vary from country to country, depending on availability, relevant corporate disclosure laws, and numerous other factors. However, as a general guideline the following sources are used in most countries:
| # | KEY SOURCES | DATA TYPE |
|---|---|---|
| 1 |
Official Government Authority (Registries) responsible for corporate registration and Statutory affairs.
In many countries this responsibility is not centralized and distributed to State level, thus requiring statutory searches at State/Province levels. |
Statutory records |
| 2 | Ministry of National Taxation | Tax /VAT No. and related details |
| 3 | GlobalCIS® Database - Central & South America |
Financials - Consolidated /Cross-border referenced (overseas subsidiaries, etc)
This process also includes the international tracking and linking of overseas suppliers, Import agencies, and customers. |
| 4 | Department /Ministry of Customs /Excise | Import/export records and in some cases licenses issued for this type of activity |
| 5 | Overseas statutory registries to cross-reference legal existence of overseas shareholders data | Foreign Shareholders |
| 6 | GlobalCIS® Database - Local |
Mapping of Related Parties - Local
Credit scoring /risk history |
| 7 | GlobalCIS® Database - Worldwide |
Mapping of Related Parties - Overseas
Credit scoring /risk history |
| 8 | Judicial /Lien registry | Financial pledges and liens |
| 9 | Law courts & legal registries | Civil litigation records |
| 10 | SGS, TUV, and other manufacturing standard compliance entities | Key manufacturing elements and certification compliance |
| 11 | Chambers of Commerce & Industry | National corporate reputation, Key management figures & related details |
| 12 |
Other sources
In ADDITION to the above there are numerous less important sources which are used when relevant to the SBE Investigation. |
Local language media coverage, and related searches |
Note:
The above listing ONLY lists actual sources, and does NOT include the extensive telephone calls and telephone interviews conducted by the local GlobalCIS® Credit Analyst in local language, which plays an integral role in correlating and cross-referencing data collected from the various sources above.
Should you have any further questions regarding this particular GlobalCIS® product, please log into our Queries section http://www.global-creditreports.com/home/contact.cfm, and submit your request.
One of our Credit Data & Product Specialists will be pleased to assist and reply to you within 24 hours.
