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Red Flag Alert

Website LinkedIn

Last updated on

Company health

Employee growth
4% increase in the last year
Web traffic
11% decrease in the last quarter
Financing
February 2023 - $6M

Ratings

G2
4.3/5
(8)

Red Flag Alert description

Red Flag Alert helps you understand the financial health of your B2B customers and prospects. It offers live data on over 15 million UK and 350 million international companies, allowing you to assess credit risk, monitor for potential issues like insolvency, and streamline compliance processes. Red Flag Alert stands out by providing real-time updates, user-friendly reports, and a unique insolvency risk scoring system. You can also automate tasks like AML/KYC checks and integrate Red Flag Alert data into your existing CRM systems.


Who is Red Flag Alert best for

Red Flag Alert is ideal for small UK businesses, particularly in finance, legal, accounting, and construction, seeking to manage credit risk and ensure compliance. It provides live data on millions of companies, real-time insolvency scores, and integrates with popular CRM systems.

  • Best for small businesses.

  • Suitable for UK-based businesses focused on credit risk management.


Red Flag Alert features

Type in the name of the feature or in your own words tell us what you need
Supported

Red Flag Alert integrates with CRM systems like HubSpot, Salesforce, and Zoho.

Supported

Red Flag Alert effectively monitors financial health, predicting insolvency risk and providing real-time insights.

Supported

Red Flag Alert provides credit scoring for businesses, assessing their financial health and risk.

Supported

Red Flag Alert provides a real-time insolvency scorecard and financial health ratings for businesses.

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Red Flag Alert offers automated AML and KYC checks.


Red Flag Alert pricing

The commentary is based on 4 reviews from Red Flag Alert G2 reviews.

Reviews suggest Red Flag Alert's pricing can be higher than competitors, with some users feeling overcharged. Transparency is a concern, with reported issues around refunds and contract terms. While some find the data valuable, its cost-effectiveness for smaller businesses is questioned.

See the Red Flag Alert pricing page.


Red Flag Alert alternatives

  • Logo of D&B Connect
    D&B Connect
    Better for keeping customer data accurate and organized. More suitable for marketing and sales teams needing data-driven insights. Has a larger user base and is growing faster than Red Flag Alert. Users love the comprehensive business database and user-friendly interface but dislike the high cost and occasional data accuracy issues. A good Red Flag Alert alternative for software and marketing companies but less suitable for finance and e-commerce.
    Read more
  • Logo of Global Database Business Credit Reports
    Global Database Business Credit Reports
    Better for retail, consumer goods, manufacturing, education, real estate, transportation, media, IT, marketing, and software. Has broader global coverage and a user-friendly interface, but data accuracy may vary. Growing faster than Red Flag Alert. Excellent customer support is frequently praised.
    Read more
  • Logo of Looker
    Looker
    Better for internal data analysis and visualization. A more user-friendly option for non-technical users seeking business intelligence insights. Stronger integration with Google products. More suitable as a Red Flag Alert competitor for internal data exploration.
    Read more
  • Logo of Amazon Marketing Cloud
    Amazon Marketing Cloud
    More focused on Amazon advertising data and campaign optimization. Better for larger companies already invested in Amazon Advertising. Steeper learning curve and potentially higher cost. Less suited for credit risk management or compliance.
    Read more
  • Logo of Creditsafe
    Creditsafe
    Has broader global coverage. Is growing faster than Red Flag Alert, with significantly more website traffic and employee growth. Users praise Creditsafe's customer support and ease of use. However, some users report data accuracy issues and aggressive sales tactics. Positive pricing sentiment.
    Read more
  • Logo of Microsoft SQL Server
    Microsoft SQL Server
    Better for users needing robust data management and analysis capabilities within various environments. A Red Flag Alert alternative, it offers broader industry applicability but lacks the specialized focus on financial health and risk assessment. It has more momentum in website traffic growth.
    Read more

Red Flag Alert FAQ

  • What is Red Flag Alert and what does Red Flag Alert do?

    Red Flag Alert is a business intelligence platform providing financial health data on millions of companies globally. It helps businesses assess credit risk, monitor for insolvency, and streamline compliance (AML/KYC) through real-time data, risk scoring, and CRM integrations.

  • How does Red Flag Alert integrate with other tools?

    Red Flag Alert integrates with CRM systems such as HubSpot, Salesforce, and Zoho. This integration allows businesses to incorporate Red Flag Alert's financial health monitoring, credit scoring, and AML/KYC check functionalities directly within their existing workflows.

  • What the main competitors of Red Flag Alert?

    Alternatives to Red Flag Alert include D&B Connect, Global Database Business Credit Reports, and Creditsafe. These competitors offer similar features such as credit risk assessments, financial health monitoring, and compliance tools.

  • Is Red Flag Alert legit?

    Yes, Red Flag Alert is a legitimate software solution for businesses seeking to understand the financial health of their customers and prospects. It provides real-time insolvency risk scoring and financial health monitoring, enhancing credit risk management and compliance processes. Red Flag Alert is safe and integrates with popular CRM systems.

  • How much does Red Flag Alert cost?

    Red Flag Alert does not publicly disclose its pricing. Contact their sales team to obtain a customized quote based on your specific business needs and desired product features.

  • Is Red Flag Alert customer service good?

    Red Flag Alert's customer service receives mixed reviews. Some praise the smooth onboarding and helpful account managers, while others cite unhelpful customer service, difficulty getting issues resolved, and aggressive debt collection practices.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.