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WEDO TECHNOLOGIES CITED ‘SAFE PAIR OF HANDS’ BY INFORMA D&B

Published by Gbaf News

Posted on November 13, 2014

2 min read
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Achieves lowest possible risk indicator and best financial strength ranking

WeDo Technologies Receives Top Rankings

WeDo Technologies, a worldwide leader in enterprise business assurance announced that it has received a Risk Indicator rating of 1, as well as the best possible financial strength ranking from Informa D&B Portugal – the Portuguese member of the D&B Worldwide Network, the world’s leading and most trusted source of commercial information and insight

Informa D&B’s Role in Risk Assessment

As an internationally recognised provider of business information for risk management, sales and marketing and supply management decisions, the D&B Worldwide Network enables business professionals to research companies, executives and industries and base their decisions on quality business information. The low risk classification and strong financial status indicates that WeDo Technologies is commercially robust and that companies it does business with can be confident that it has a high level of creditworthiness and minimal risk of failure.

Significance of the Informa D&B Ranking

Fernando Videira, Chief Financial Officer at WeDo Technologies, commented; “Such a high ranking from Informa D&B is an important differentiator for our existing and potential customers, especially in the context of the financial instability that Europe has experienced over the past few years. Customers old and new can be confident that WeDo Technologies is a healthy company to do business with.”

About the D&B Worldwide Network

The D&B Worldwide Network is the most comprehensive global database of its kind. More than 100,000 companies rely on its information to provide the insight they need to help build profitable, quality business relationships with their customers, suppliers and business partners.

Key Takeaways

  • WeDo Technologies received the lowest possible Risk Indicator rating (1) from Informa D&B Portugal.
  • The company also achieved the best possible financial strength ranking, highlighting its credit reliability.
  • The accolades position WeDo Technologies as a ‘safe pair of hands’ for business partners, especially amid past European financial instability.

References

Frequently Asked Questions

What does a Risk Indicator rating of 1 mean?
A Risk Indicator rating of 1 from Informa D&B indicates the lowest level of risk, meaning the company is highly creditworthy with minimal risk of failure.
Who provided the ranking?
The rating and financial strength ranking were provided by Informa D&B Portugal, part of the Dun & Bradstreet Worldwide Network.
Why is this ranking significant for customers?
It reassures current and potential customers that WeDo Technologies is financially stable and dependable, especially amid financial instability in Europe.

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