Improve procurement

The public sector spends over £125 billion a year on goods and services bought from third parties. This is over half of discretionary spend, and is key to delivering world-class public services. In the current economic climate it is vital that the public sector minimises risk by accurately assessing the financial viability and security of suppliers, now and in the future.

Experian’s comprehensive and detailed information on over 5 million UK businesses, allied to our technology for monitoring and reporting credit and payment behaviour in real-time, allows you to research the status of a supplier prior to engagement, and monitor your relationship with them throughout the life of their contract. We help you:

• Research a supplier or market now and analyse markets in the future
• Understand credit risk associated with any organisation in real-time
• Monitor changes in customer and credit risk
• Understand customer payment behaviour
• Help manage your sales ledgers and ledger data, and reduce the risk of bad debt

This helps you:

• Improve the quality of your customer intelligence

• Minimise your exposure to fraud and bad debt

• Improve the quality of your credit monitoring

• Support efficient payment processing and increase revenues