- The first early warning system that covers Poland, Czech Republic, Slovakia, Hungary, Slovenia, Croatia, Romania, Bulgaria and other CEE countries in a single database
- Continually updated information on more than 7 million companies in CEE
- 14 million financial figures are revised and more than 40,000 collection cases are added to the system each year
- An additional 200,000 individual research enquiries complete the data resources
- Wide choice of cutomised services depending on the individual monitoring needs, combined or not with credit reports
- Monitoring of a minimum of 28 individual parameters or automatic check for complete financial statements
- Guaranteed complete database for monitored portfolio through active research on companies not evaluated in the past 12 month
- Automatic check for changes in ICON data according to pre-defined routine on a 24/7 basis
- Well-timed notification of changes to parameters with previous and current status
Company Risk Monitoring |
The Advantages of Company Risk Monitoring at a Glance
- Identify risks and opportunities at an earlier stage.
- React more quickly to changes that affect business partners.
- Optimise existing business relationships.
- Minimise default risk through well-timed information.
- Make business decisions with greater confidence.
Online Monitoring simulation
Take a first-hand look at the advantages provided by Coface Central Europe Monitoring Services. Our website contains an online simulation that will give you a fast forward view of our Monitoring system output. You can review this information free of charge, and without registration. All you need is to enter your e-mail address.
Just click here to continue...
Insolvency Monitoring |
Coface Central Europe distinguishes between the following basic types of proceedings and uses the following terms when referring to insolvency proceedings in the markets covered:
- Judicial composition proceedings: insolvency proceedings that are directed primarily to achieving debt relief for and the continuation of business by an insolvent enterprise.
- Bankruptcy proceedings: insolvency proceedings that are directed to achieve the orderly windup of an insolvent enterprise with the objective of liquidating or reorganising the business.
Research:
In all countries covered the gathering of insolvency information involves thorough research and manual processing by our credit information teams. There is no electronic data transfer possible between the sources of information and our database. The processing of insolvency data is carried out "as close to the event as possible" but to a great extent depends on the time of the publication by official sources or by the courts.
As soon as the data have been processed the monitoring routine in our database takes over the job and automatically generates a notification upon any change.
Registered data:
Depending on the kind of insolvency proceeding and the availability of information the following data are registered:
- Date of court decision
- Date of publication
- Court number
- Deadline for registering outstanding amounts
- Name and address of the court
- Name and address of the trustee
- Changes in the status of the insolvency proceedings
Deadlines:
Only openings of insolvency proceedings are officially published. Between the court decision and its publication 1-4 weeks may pass. In some countries, like in Croatia, Hungary or Slovenia, however, not the date of the court decision but the date of publication is relevant for registering outstanding amounts.
Notification elements:
- Basic company details including registration details
- Former and current status of proceedings
- Date of court decision or date of publication
- Information about court and trustee
