Local expertise on the ground in South Africa
Coface stands out in South Africa due to its global presence, offering tailored credit insurance solutions that address the specific needs of local businesses.
Leveraging its extensive experience in risk management and advanced technologies, Coface South Africa provides unique insights and tools to help mitigate credit risks and manage local and international trade credit effectively.
With a deep understanding of the South African market dynamics and regulatory environment, coupled with its financial strength and stability, Coface offers reliable support and protection against non-payment, making it a distinctive and valuable partner for businesses in the region.
Reasons to choose Coface
Coface's esteemed historical expertise, recognised by numerous clients, combined with international proficiency and an unparalleled database, solidifies its position as a global leader in risk management.
- +75years of experience
- 100kclient companies
- ~200markets where we operate
- 195mcompanies listed in our database
Our B-BBEE Certification
Coface South Africa is happy to announce that we've achieved Level 2 B-BBEE Contributor status. This achievement strengthens our ability to provide extra benefits to our business partners, helping them maintain their own B-BBEE scorecard. B-BBEE is a crucial part of our strategy, and we understand how our new status can help address inequality, boost economic growth, and improve the lives of South Africans.
We fully grasp the significance and advantages of B-BBEE. We integrate key principles like skills development, procurement, and CSI across various aspects of our business. We're committed to enhancing our rating even further in the future.
Our innovative solutions
Risk Management tool
CofaNet Essentials is your secure online platform for managing your credit insurance policy effortlessly.
Monitor your customer portfolio, manage your guarantees, declare your claims and check the indemnification of your unpaid invoices.
Coface API portal
We provide web data exchange solutions (API) tailored to your company’s needs so you can manage your Coface credit insurance contract within your own tools.
Whether you opt for a simple technical solution or all-inclusive integration, you can connect your company directly to the information provided by Coface allowing you to focus on key risks securely and reliably.
Explore Coface API catalogue: integrated solutions for Trade Credit Insurance and business information.
CofaMove
Your business moves fast – and sometimes your life moves even faster!
This is why we've created CofaMove: the Coface app for swift credit risk management when you’re on the-go.
• Identify buyers,
• Request credit limits,
• Order information services & reports
• Track the status of claims & indemnities
CofaMove is available on the AppStore and Google Play
A leader in Trade Credit Insurance
• Our core business for over 75 years
• Protect your trade receivables against the risk of non-payment by one of your business strategy
• Use a decision-support tool to drive your business strategy
• Coface indemnifies you in the event of non-payment and initiates the collection process
• Cover your commercial and political risks for complex and one-off transactions, with our Single Risk solution
Business information: Unique data to take better decisions
• Information collected in 195 countries and from 190 million businesses
• Micro-economic, macro-economic and sector data constantly updated and expanded
• Access these risk analyses, and secure your supply or distribution chains
• Assess the strength of your commercial partners using the Coface score, and direct your business strategy accordingly
Debt Collection: Limit your losses with our solution
Coface International Debt Collection specialises in effective and efficient, stress-free debt recovery:
• Coface provides a fast and efficient debt collection service whether you are insured or not.
• Benefit from the assistance of experts dedicated to collection and indemnification from our network of international partners.
Why opt for Coface risk management?
Our mission: to support companies in their development by protecting them against the risks of non-payment which should not be underestimated.
- 80%of companies are faced with unpaid debts
- 25%of bankruptcy filings are due to these unpaid debts
- 10kcredit decisions taken by Coface every day
- 400krisk experts in Coface
Access our economic intelligence
Coface also boasts proven expertise in the field of economic research, undertaking micro and macro-economic studies as well as risk analyses by country, sector and company, etc.
A number of publications are available to help you assess your risks more effectively and take the right decisions at the right time.
Online services for customers and brokers
- Customer Portal - Cofanet
Customer Portal - CofaNet
Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
- Broker Portal
Broker Portal
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
Innovative and digital solutions
- API Portal
API Portal
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.