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Financial viability platform to mitigate counterparty insolvency risk
We use technology to obtain and analyse third party financial statements, even the hard to get ones, so you can know the risks, be alerted to potential disruption, and have the tools to protect your business.
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THE OLD WAY
Before Fiable
Assessing a third-party's financial health used to be a difficult, manual, time-consuming process taking 7+ days
THE NEW WAY
With Fiable
Our digital financial viability platform provides quick insights into your counterparties' financial health, along with a range of tools and support to help you further mitigate risk.
HOW DOES FIABLE WORK?
Explore our proven methodology to effectively mitigate counterparty insolvency risk
UPSKILL
Elevate the financial literacy of your workforce
Our e-learning training enhances your workforce's financial literacy, fostering a stronger risk culture within your organisation. With self-paced, structured content, your frontline staff gain the skills to identify financial distress signs, investigate effectively, and ask pertinent questions to uncover potential risks in dealings with suppliers.
ASSESS
Put your financial assessments on auto-pilot with standard 1-2 day turnaround times
Experience the convenience and security of our digital platform, streamlining financial assessments for you and your suppliers. Suppliers appreciate Fiable for its security measures, streamlined input process, and collaborative capabilities. Our assessments can be ordered now or scheduled for a future point in time and include features such as user-friendly language, offering actionable risk mitigation strategies and prompting questions, empowering you to make informed decisions without needing an accounting background.
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UNDERSTAND
Access a team of financial viability experts at the click of your finger
Book in time with our team of chartered accountants and financial experts to review assessment outcomes, strategise risk mitigation, or collaborate with your internal team. Consider us an extension of your finance and commercial departments, dedicated to your success.
ACTION
Streamline decision making by automating your approval process
Empower your team to order assessments and expedite approvals with customisable business rules. Our centralised repository stores assessment data for analysis, providing valuable insights and ensuring compliance with audit requirements.
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Why customers trust Fiable
Fiables clients are leaders in their industries. We provide these organisations with the tools and insights to make informed business decisions and manage risk more effectively. The primary industries we serve are construction, property, civil, utilities and government sector.
“We like the fact that there’s a list of questions, things to look out for and advice on how to engage with suppliers. The risk profile diagram is useful.”
Senior Procurement Business Partner,
Inner West Council
“Fiable has everything we need - an online portal to access any of the reports, real analysts to speak with, updates on report progress, 1-2 day report turnarounds and the actual quality of the report is so much better”
Procurement Business Partner, Commercial Services,
Bayside City Council
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“The market is rapidly moving down the model of financial due diligence and if you’re not doing this you’re falling behind. The Fiable solution has provided a quick turnaround for the financial viability reports and we obtain the answers we need to make informed decisions.”
Chief Financial Officer,
Kane Constructions
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“We’ve been able to have a consistent approach, a consistent workflow and an overall faster process for our teams.”
National Commercial & Risk Manager,
Hansen Yuncken
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“In the last 12 months we’ve seen a lot of pressure on the construction industry. Everyone is having to weather a storm and we have seen a spike in insolvencies. Having Fiable there before we enter into contracts is really important”
Financial Controller,
Multiplex
“Fiable’s reports offer a comprehensive analysis that goes beyond just numbers, providing us with deep insights into the financial health of our subcontractors."
Financial Accountant,
Growthbuilt
BENEFITS
Sometimes suppliers tell you what you want to hear; we tell you what you need to hear
Learn
Understand the financial health of your suppliers and vendors to mitigate risks and identify opportunities for expansion.
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Strengthen
Strengthen your supply chain or vendor network by effectively reducing risk levels and improving transparency with critical partners.
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Protect
Protect your business from disruption and financial damage with a comprehensive and flexible risk management solution.
Explore Fiable: Book your exclusive demo
Book a demo to explore the Fiable platform with our Australian finance experts and get your questions answered.
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