Construction

Avoid risk and protect your profit margins

Use our intelligence to protect your business against the volatile industry that is construction whilst increasing operational efficiency and reducing bad debts.

Red Flag Alert are already supplying market leading solutions for some of the most well known brands in the construction industry:

We specialise in supporting the construction industry; with a focus on:

Solutions to enhance operational efficiency in construction

Increase the accuracy of your processes whilst ensuring compliance

Streamline your operational efficiency

Construction projects are complex, involving multiple stakeholders, schedules, and workflows

Integrate technologies that will increase efficiency and compliance, whilst reducing risk

Onboarding that makes a difference

Achieve your digital transformation goals

Many construction firms are transitioning from traditional methods to digital solutions by using technology to automate processes, improve accuracy, gather supplier and data analytics, monitor distress and reduce administrative costs

Automate your processes

Risk mitigation

Financial risks, such as unpredicted Insolvencies, supplier risk, and compliance issues, are a top concern within the Construction industry

Reduce these risks through better oversight and controls; improve monitoring and KYB of customers or suppliers and ensure regulatory compliance

Credit Risk solution

Know exactly who you're in business with

We know profit margins in construction can be tight, therefore reducing the risk of bad debt and streamlining the onboarding of customers and supply chain, are highly valuable in optimising cash flow

Compliance that protects

Fleetmaxx Solutions needed reliable, up-to-date financial data to support growth and make informed credit decisions when onboarding new fuel card customers

Red Flag Alert empowered Fleetmaxx Solutions to make safer, faster, and more informed decisions, transforming credit risk from a bottleneck into a strategic advantage.

We protect your revenue, so you can maximise your margin 

Make the data-driven decisions that are best for your business with our technologies that provide real-time insights into data on clients to make more robust decisions on credit lines and more effectively find new businesses to target and work with

We give you the insights you need to avoid bad debt and protect every percentage of your margin. Providing industry leading KYB reports and customisable monitoring, we ensure we keep your revenue safe

Get the insight you need
See Also:
Credit data that protects you
Deep dive KYB insights

Complete 360° view of your book of business

Verify the creditworthiness of any individual by accessing their combined personal and business finances. Search for any past and present CCJs, insolvencies or bankruptcies to confirm their financial stability

Ease your admin burden and reduce your regulatory risk with AI powered checks that take just seconds to send out and complete

Speak to an expert
See Also:
Complete company credit data
Consumer credit insights

Protect your brand reputation 

Our branded AML checks ensure you can verify the creditabilty of a customer at any time from anywhere, ensuring a seamless experience for your customers and fast onboarding.

Avoid dealing with bad actors with our complete suite of reputational risk checks and tools. From complete UBO data to individual PSAM checks and monitoring.

Speak To An AML Expert
See Also:
AML that makes a difference
PSAM's offering international protection

Helpful Resources

Lorem ipsum odor amet, consectetuer adipiscing elit. Ligula maximus conubia sem erat rutrum dolor arcu est.

Report

Q4 2024 Red Flag Alert Report

Download our latest q4 report to learn about current factors affecting GDP, what the outlook is, and why insolvencies will keep rising.

Download Report
Article

Onboarding in Insurance: Build a Competitive Advantage with Red Flag Alert

In this article, we explore how Red Flag Alert helps insurers with onboarding, giving your business a competitive edge.

eBook

AML Risk Assessment Guide

Red Flag Alert's Ultimate Guide on how to perform an Anti-Money Laundering (AML) Risk Assessment.

White Paper

Complete Guide to Anti-Money Laundering Regulations

Download your free guide to anti-money regulations in 2024 including what to expect and how to stay compliant.

FAQs

Find out more about our solutions for the construction industry.

How can you predict growth and insolvency?

Initially created by insolvency experts to identify the early warning signs of insolvency, we have over 20 years of knowledge gained from the constant analysis of the UK economy. This has allowed us to create the most accurate predictive algorithm on the market.

A testament to our success is the vital early warning we gave our clients to such high-profile construction failures as Carillion, Buckingham Group and ISG.

Which of my onboarding processes can you automate?

All of them. Our cutting-edge tool Red Flag Alert Automate can communicate with any software that has an API and automate any workflow and checks that you need to perform.

From credit checks and record keeping to right to work checks, we can bring your whole process down to minutes.

How can you help me fight fraud?

We offer powerful anti-fraud solutions that let you check your customer and their company. These include:

  • VAT number check
  • Full company director, group and UBO data
  • IDV and document analysis checks
  • Personal and business bank account checks
  • Address checks
  • Mobile phone checks
  • And more 

How difficult is installation?

Red Flag Alert is a cloud-based solution that does not require you to make any other changes to your tech stack and plugs seamlessly into your business.

Speak to our construction Experts

We have a team that specialise in the construction industry and all of its needs, from credit risk and compliance to fully automating your processes

Credit risk solutions that protects

Our credit risk solution combines all the features you need to protects your construction company

Credit risk

Automate your full process

We automate your end to end onboarding ensuring compliance and credit risk obligations are met

Automate your processes

For our quickest response simply call us on 0808 503 4336 and speak to an expert now!