Finally, a company monitoring tool that fits your needs
Easily track and monitor businesses of interest
With a diverse & unique range of events on businesses, monitoring companies that could affect your business is as simple as a few clicks
And much more...
Every client presents your company with the potential for financial risk and top-level information on customers financials is not enough to work with in the current climate.
Protect your business by making more informed decisions in a timeless manner. Migrate your customers and supply-chain with our bulk CSV feature.
Our AI-powered algorithm enriches the data to provide unique insights into turnover, SIC-code, employee numbers and more.
In a normal year £4bn of bad debt is written off by UK companies – but last financial year it was £5.8bn - a 46% rise, with a prediction of £16bn in 2022. The predicted increase for the year to come will represent a 175% increase in bad debt being written off. Having a platform to monitor risk with your clients and suppliers, can help you avoid bad debt and losses.
Red Flag Alert provides the capability to keep up to date by offering real-time alerts when there is any significant changes to the businesses in your portfolio.
Red Flag Alert allocates every business with a financial health score that accurately predicts insolvency. Our clients use the freshly introduced monitoring system to perform due diligence, monitoring their clients and to ensure onboarding of prospects is the correct decision.
Red Flag Alert’s experts are constantly adding new data points to the platform, giving you a better overall understanding of a business’ financial situation. This gives you every angle from accounting period changes to bad debt exposure. We use firm-level microdata to ensure the safety of your business.
We pull data from over 10 reliable sources, with both UK and international company data available information ultimate beneficial ownership information, director information, key financials and more.
As a pandemic measure, the suspension of serving statutory demand was put in place by the UK government to prevent insolvencies. But even with this active policy the figure for bad debt has rapidly risen. With pandemic measure phasing out, the number of insolvencies is sky rocketing.
Using our unique algorithms, we predict 28,000 insolvencies will come in the next 12 months, making our monitoring system crucial in protecting your business from supply-chain and customer risk.
Mass upload of your personal CSV in order to create a portfolio.
Using the “find” function you can complete a search on 166 data points to filter and create your ideal portfolio for monitoring.
Creating a portfolio can be done on an individual basis using the “check function” where you can add individual businesses to a portfolio and monitor them in real-time.
"We were looking for a partner to enhance the data offering to our clients, and Red Flag Alert have done just that. They understood our business, our culture, and our aspirations for the future. We’ve seen some great feedback on our integration, and we are very happy with both the solution and team at Red Flag Alert."
Rob Mead
Strategic Software Projects Director
"We use the search tool to identify businesses in specific geographic areas, with the right number of staff, the right turnover, and a low risk of non-payment. Now we have experienced the benefits of Red Flag Alert, we could not be without it."
Mark Bryan
NSL Telecoms
"From a business development perspective, our brokers are benefiting greatly from the additional information that Red Flag Alert supplies – we’re able to zero in on ideal prospects and build effective marketing lists."
Ben Robert-Shaw
Power Solutions UK
Monitoring your debtors and suppliers is essential to protect your business from bad debt or supply interruptions.
But traditional monitoring software can be cumbersome and does not let you choose which events you wish to be alerted on. This leads to staff inboxes being clogged with irrelevant alerts, leaving business critical events to be lost amongst the white noise.
Red Flag Alert solves this problem with our revolutionary fully customisable monitoring tool.
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