CRIF delivered a speech on how to strengthen credit risk management with business information services in order to support decision makers in evaluating the financial standing of a company, analyzing its creditworthiness through an in-depth understanding of resources, processes, objectives and future prospects.
Thanks to business information services and advanced assessment tools, CRIF showed the audience how to turn data into insight to develop business strategies, know more about the background of potential partners and evaluate credit risk. During the seminar, another session explored effective strategies to deal with bad debts and minimize losses, providing Hong Kong’s SMEs with new and effective risk management tools.
