To quote John D. Rockefeller Jr.: “The secret of success is to do the common thing uncommonly well.” Now, if you’ve ever spoken to or met with anyone from our US team, you’ll know just how true that statement is.
We’re never ones to do the bare minimum – and we certainly don’t believe in the status quo. We thrive on pushing ourselves outside of our comfort zone – whether that means digging deep into financial data to help our customers make smarter decisions or finding ways to add more features and value to our solutions.
Building meaningful relationships amongst our own team as well as with clients and partners are so important to us. And it’s all paid off. We’re still standing and growing 10 years later because we came together as a team to help businesses manage and reduce their financial risks.
We chatted with Matthew Debbage, CEO of the Americas and Asia, to get his thoughts on this milestone. Here’s what he had to say.
I am immensely proud of everything we have achieved over the last 10 years. Reaching our 10th anniversary is a huge feat and one that wouldn’t have been possible without the excellence, commitment and support of our team. As we look to the future, our priority will be to grow our international offering and build exceptional products that give businesses the deepest insights so they can make smarter, more informed business decisions and mitigate their risks.
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Taking a closer look at our growth in the US
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American businesses trust us
We have worked with over 27,000 American businesses in the last 10 years. Some of our more recent business wins include Brightstar, BMC, Equinix and Caterpillar Finance, just to name a few. This is all due to the hard work and commitment of our sales, product, data and marketing teams – they put 200% into everything they do and enjoy nurturing relationships with our customers.
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Revenue growth has been strong
We’re especially proud of the fact that our revenue has grown by 65% every year since our arrival into the US market in 2012. Not a lot of businesses can show this kind of revenue growth. We don’t take that for granted and know that our business intelligence products are a big reason for this.
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Our team’s expertise and commitment are exceptional
The average tenure of our employees is 4.9 years. We’re quite proud of this, especially considering the impact of COVID-19 and the Great Resignation. We know that our team comes first. So, we will continue to invest in recruiting the best talent around the world and provide them with the support, tools and resources to grow, both personally and professionally.
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Mitigating financial risks is our #1 priority
Data is mission-critical for businesses to understand, manage and mitigate financial, legal and compliance risks. But if the data isn’t comprehensive or reliable, it can have devastating consequences for businesses. That’s why we work so hard to deliver business credit reports that are of the highest quality, insightful and reliable. Since our inception in 2012, we have delivered over 10 million reports and 500,000 international reports. And we expect these numbers to grow substantially over the next 10 years and beyond.
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Some of our more notable product releases and why they matter
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Financial Trade Data
The right financial data hasn’t always been available, making it tough for businesses to understand the level of financial, legal and compliance risks they face, which could hurt their business in the long term. With this feature, we’ve been able to unlock over $220 billion worth of trade payment data by incorporating data that was previously unavailable and inaccessible, such as business leases, commercial credit cards and term loans.
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International Data
Many companies, like us, are global entities with offices and employees located around the world. As such, they need access to financial data that isn’t just limited to one region. This is where our International Data capability comes in and provides major value. Not only can we supply 365 million reports instantly online, but we can also produce a report from anywhere in the world in a matter of days. Why does this matter if a company only operates domestically? It gives the company an added sense of trust and faith in the quality and comprehensiveness of the financial data, which comes from over 9,000 sources.
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Compliance Alerts
According to the United Nations, the cost of global money laundering annually is between $800 billion and $2 trillion, which makes up 2-5% of global GDP. But only 1% of the money laundered can be detected and acted upon by the authorities. Those stats shouldn’t be ignored. With Compliance Alerts, businesses can verify if potential customers and suppliers have been convicted of money laundering. This is vital in helping businesses make sure they aren’t working with criminal and unscrupulous businesses, while also ensuring their own business doesn’t become subject to regulatory violations and fines.
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Celebrating the milestone as a team
Matthew Debbage, CEO of Americas and Asia, shares his appreciation with the US team
The US team celebrates the milestone with food and drinks
The US team basks in the beautiful sunshine