We provide world class individual personal credit reports and business credit status reports of companies in Africa, Asia and South America
We assist and enable many organizations in the world over to trade with African firms by availing corporate credit information in regard to their financial performance, and enabling them understand and minimize the risks that the organizations may be exposed to.
Finedatta also provides information on businesses and corporations for use in credit decisions, business-to-business marketing and supply chain management. It also supplies Business information, information technology,
We provide world class individual (personal credit reports)and business credit (business status) report of companies in africa
we specialize in judicial and non-judicial debt collection at No Cure No Pay basis all over africa
At our Debt Management department, We deal in the following products:
Debt Management Outsourcing
This is for firms in our regions, you know collecting your debts can be an expensive, frustrating and time consuming experience. We relieve these burdens by allowing you to outsource the management of your debt recoveries to our firm, while you concentrate on running your business. We manage the recovery of your debts on a 'no recovery - no pay' commission
This is an art in the complex and integrated world of ours. Every business must collect its due monies discreetly, without undue delay and attracting the least publicity. Over zealous activity can involve costly legal proceedings which may not have been necessary ; or that an insufficient firm approach can lead to a complete loss.
Our regional offices are experienced in avoiding these pitfalls. We help to recover your dues efficiently, discreetly and with minimum fuss. Cost wise you do not pay us anything until we recover the proceeds for you. However, for the purpose of our records we charge a nominal, minimal fee to cover our disbursements.
Through our Debt management System technology, the account is worked thoroughly with the debtor being contacted by phone and letter and ensuring continuous negotiations on your behalf while you are also kept fully aware of all developments via email or phone contact with person in charge of the account. For some occasions, dunning letters work well together with our phone call reminders. when the debt is due to some misunderstanding, we will act as a mediator between the debtor and the creditor.
We aim to collect all debts within six months at least, and should it be necessary, we advise you of the legal process we can pursue to collect your overdue accounts.
In House Credit Training Caters for your Credit and Collection departments
Our credit courses will provide a structured training path through the credit life cycle from rating analysis, capital structure analysis, loan structuring to the drafting of loan documentation and the planning of debt restructuring and loan recovery. Our credit analysis training will enable banking professionals can learn how to identify and analyse the Early Warning Signals of financial distress and to formulate timely a viable debt recovery plan. Moreover, we offer courses so that Risk Professionals can acquire advanced credit portfolio modelling skills to analyse, stress test, measure and mitigate the default risks in commercial and retail banking.
Credit training and Seminars
We provide in depth training in Credit Management, in-house or in seminars. Our courses provide an overview of the latest techniques and instill the ethos of proactive credit control management into company policy. We have a wide range of flexible training programmes tailored to the specific needs of a particular organization, covering effective Credit Control Management, productive and professional Debt Collection procedures, efficient Customer Service Management, and Sales and Credit Control teamwork. These Intensive seminars target financial and accountancy staff, customer services managers and sales and marketing personnel, providing the participants with a comprehensive understanding of the complete Credit Management cycle.
Measure your own company credit worthiness against the World standards Like Moody and Fitch
at our Credit analysis department we calculate the creditworthiness of your business or organization. In other words, we evaluate the ability of your company to honor its financial obligations. The audited financial statements of a large company might be analyzed when it issues or has issued bonds. a bank may analyze the financial statements of a small business before making or renewing a commercial loan
we analyse your company before going for the Loan, credit Facilities and advice your company on its prospects.
provides relevant data to help solve marketing challenges that a business will most likely face - an integral part of the business planning process
We examine the market associated with a particular good or service to determine how the audience will receive it. This can include information gathering for the purpose of market segmentation and product differentiation, which can be used to tailor advertising efforts or determine which features are seen as a priority to the consumer.
Accurate and thorough information is the foundation of all successful business ventures because it provides a wealth of information about prospective and existing customers, the competition, and the industry in general. It allows business owners to determine the feasibility of a business before committing substantial resources to the venture.
Market research provides relevant data to help solve marketing challenges that a business will most likely face-an integral part of the business planning process. In fact, strategies such as market segmentation (identifying specific groups within a market) and product differentiation (creating an identity for a product or service that separates it from those of the competitors) are impossible to develop without market research.
Is your Company Short staffed? or having New staff? Do you Need a Credit Policy review? Need someone to clean up the A/R on a recent acquisition? or is your Aging List getting out of hand ! Call Us
At our Credit Consulting department, We provide a variety of consulting services to our clients. The most popular of these services is described below. However, should you have a specific need that is not covered below simply contact us with your request.
Credit Management Outsourcing
Quality credit management is the heart of your business because it generates your cash flow but it is time consuming and not related to the core business. Outsourcing allows you to focus on your core business by:
- Providing proven credit management procedures
- Providing an improvement in debtor days which will have a positive impact on cash flow and profitability
- Providing quality staff with support at all times
- Reducing credit control and administration costs
There are several levels of outsourcing to suit each company's particular needs ranging from partial outsourcing to total outsourcing.
Credit management outsourcing, focuses on a company’s balance sheet because the most dramatic improvements can be made in the invoice-to-cash cycle, thereby improving efficiency, productivity and cash flow. Reducing the time your cash is tied up at the receivables stage can save your business millions of dollars every year. Even more reason for considering credit management outsourcing, Inefficiencies due to outdated IT systems, duplication of effort or faulty procedures may result in an increase in Days Sales Outstanding (DSO) and reduced value of cash collections, which all impact heavily on the bottom line.
Outsourcing Credit Management with a world-class partner like Finedatta, allows you to benefit from improved cash flow, faster payment by creditors and frees up working capital by reducing operating costs dedicated to credit management. Furthermore, you benefit from the latest seamless technology and the expertise and best practice.
Is your Credit Department Performing as Expected ?
Corporate Credit Reorganization
This entails the setting up a credit management system in your organization, to enable your company to monitor and administer Good Credit Control. This entails installing and implementing new systems, procedures and redefine job assignment responsibilities that will improve the functional operation of your company's existing credit department.
Corporate Structuring Services
This entails Establishing a Credit Department, for a new company or in a case where there is no established credit department, we offer a turnkey program, Finedatta specialists will develop and write all necessary procedures and systems to meet your needs, hire and train personnel and make certain the credit department is fully operational.
Finedatta will conduct a thorough appraisal of your credit department's operation and how it functions within the organization. We will then prepare a complete management report of its findings and recommendations
Credit Appraisal Services
When instilling Credit Appraisal Services on your existing Customers, Our firm can conducts in-depth audits of companies’ existing credit management systems and procedures, on the existing Customer base and help alleviate problems identified on an individual account basis, or as per the requirements of your firm.
We can tailor any Services to your speciific Need
At Finedatta, we are aware of the complexity and diversity of our customers' needs. We understand that sometimes, adjusting the scope of services to specific requirements may be the decisive factor.
Want to Partner with a World Class Group
As we aim to provide unrivalled customer-focused service and perform to the highest ethical standards in our relationships in Africa, We therefore have several Partenship opportunities, within our expanding company, affiliate offices and Agencies, to position our selves as the African leader: Several Investment opportunities are available, including Franchise opportunities in the following regions, Further information can be obtained from :
Finedatta Africa Limited
P.o Box 300, 00610 Nairobi, Kenya