Data pool

In general, deliveries on open accounts suffer from higher-than-average risk, but companies coming from sectors such as construction, food & beverage and retail show particularly high default and fluctuation rates. CRIF solves this problem with a simple concept: companies in these sectors exchange their individual payment experiences. Combining these exclusive data with identification and negative payment data, CRIF is able to provide a more accurate prediction of the customer's payment behavior for new as well as existing customers – thus supporting suppliers in their portfolio and customer management.

Through the collaboration of many companies in a specific industry and the transfer of payment due data to CRIF, everybody benefits from this so-called risk community. CRIF helps the supplier recognize changes in the payment behavior of its customers at an early stage and so react accordingly.