Have the edge over your competitors and mitigate unnecessary risk

One of the best pieces of client feedback we have received was, “I was sceptical at first – I needn’t have been. My company uses the toolkit every day and it has helped us avoid some business decisions that would have put us in a vulnerable position. Worth every penny of the £79.95 annual subscription”
And that is really our Business Support Toolkit in a nutshell. £79.95 + VAT gives you peace of mind. But, we also do so much more than that. Here are 10 reasons why your business shouldn’t be without our Business Support Toolkit. Understand your suppliers – Can you trust your supplier not to let you down? Can they deliver or are they are a smaller outfit than you have been lead to believe? Make sure that you have a full understanding of the size of the business and whether they meet with your expectations. We can tell you how long they have been trading, their turnover and assets and who is ultimately responsible for that business. Remember, your suppliers are helping you to deliver a service or product to your customer – don’t put your customer relationship at risk. Understand your competitors – You know what they say, ‘keep your friends close, but your enemies closer’ – well that works in business too. It’s good business practice to keep your eye on the competition, their size and any other businesses that they are associated with. Understand your customers – Your customers are the life blood of your business, so you need to make sure that it keeps on moving. Our Company Information API can tell you exactly who you are dealing with – giving you up to date insights on trading history, the average time that it takes them to pay their invoices and how much credit would be a safe amount to provide. Our unique financial health rating gives you an instant snapshot into any company. (Tip, by selecting to monitor this business, we can give you the heads up if their financial outlook changes, meaning you can respond quickly). Reach new prospects – Who doesn’t want to engage with new customers? Also included in your subscription (and to quote one of our clients – ‘worth the £79.95 per year alone’) is the ability to build bespoke marketing lists for email, telephone or mail campaigns. Build by SIC code, industry or keyword and then add any filters you may require (location, turnover, assets, age or financial stability) and hey presto, a fully GDPR compliant marketing list will be delivered to your dashboard (Yes, all subscribers have a unique dashboard, making searches and downloading orders easier and more efficient – we should really make this point number 11 but we don’t like odd numbers) Fulfil AML regulations – Companies working in the financial sector – and even those that don’t – have an obligation to run some level of anti money laundering checks. Our Business Support Toolkit can do this for you – running ID checks, standard AML checks or a more enhanced check. This service is only available to Business Support Toolkit subscribers and has a small additional charge (up to £5.95 per search) – We do the legwork for you, making sure that you are applying due diligence in who you are dealing with. Access resources – We hear from many businesses that spend time completing tasks that they are not really equipped for – meaning that their core business can get ignored and suffer in the longer term. Business Support Toolkit subscribers have access to a Resource Toolkit, which includes support services such as credit control, debt recovery support, legal counsel advice and actions, call centre facilities and branded mail campaigns. Outsourcing these elements to another business – permanently or ad hoc – means you can focus on your product, service, and customers. Keep an eye on new entrants to the market – You’ve dominated your regional market in a particular field, but what’s this? A new startup? A pretender to your throne – wanting a slice of the action with your customer base and driving up supplier costs as the demand for materials becomes greater. They may plan to undercut you on price (fewer overheads, you see) – so you should definitely keep your eye on these fresh out of the box companies. Another good reason to keep your eye on new entrants is that you can be the first to introduce your business, product or service to them. Win, win. Keep data compliant and accurate – Did you know that the Information Commissioner’s Office recommends that you screen your data for compliance every 28 days. That’s a laborious task, but in this age of data protection, absolutely mandatory. If only there was a service whereby you could upload your data to a portal for address validation checks, live telephone matching, mortality records, and GDPR compliancy. We feel very smug telling you that we’ll do all this for you – all included in your annual £79.95 subscription. Yes sireee. Expand your portfolio with new acquisitions – So, you’re doing well and looking to expand your company? Perhaps you are looking for merger opportunities or need to invest in some pre-loved kit? Get in early with companies that may be ripe for a conversation with our New Acquisition Reporting. We’ll tell you which companies are in a distressed state and might welcome some investment or a chat about any mutually advantageous opportunities. Check director and shareholder structures – Who exactly are you dealing with? Do they have a solid track record in business? Or could they leave you high and dry – moving on quickly without setting up what they owe. We give an extremely thorough insight into directors and shareholders and other companies that they have been or are associated with. This simple check can give you so much insight – and perhaps save you from financial risk. Ready to sign up for a year at a one-off cost of £79.95 + VAT, subscribe here today. If you’d like more information and a free demo of the Business Support Toolkit, call 01527 549 531 or visit www.identeco.co.uk What can the Business Support Toolkit do for me? Do you know who you are dealing with? When you get a new client are you applying due diligence to be sure that you will get paid for your service and that you are partnering with a stable business? identeco’s Business Support Toolkit helps businesses to understand their customers’ financial stability, allowing for suitable payment terms to be supplied. We will advise on director insights, detrimental data or past trading behaviour. But we don’t stop there. Our Business Support Toolkit allows you to dig a little deeper, viewing and downloading filed financial documents and reporting. View associated directorships and structures as well as access a host of other services all included in your annual fee of £79.95 + VAT. The toolkit also gives unlimited access to bespoke marketing lists to help you engage with new prospects and data audit screening reports to keep your databases sharp, efficient and compliant.