How can other companies use my BIR report?

Other companies can use your BIR report to assess your financial stability, payment behavior, and to make credit risk or business partnership decisions.
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Companies use the Business Information Report (BIR) to gain a comprehensive view of the financial risk and stability of their business partners or potential clients. By reviewing the report, they can evaluate a company’s solvency, its payment history (through indicators like PAYDEX), its ability to meet financial commitments, and its corporate structure.
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This analysis helps minimize the risk of non-payment and allows for more informed decisions regarding credits, contracts, and strategic alliances. Additionally, it helps them identify business opportunities or early warning signs.