Besides bidding, in what other areas does the AAA enterprise credit certification play a role?
Release Date:
2021-08-09 14:20
Source:
Most of the time, the credit evaluation results of bidders are often linked to bidding, and more and more bidding units take the comprehensive credit evaluation score as one of the important criteria for bid evaluation. Many factors affect credit evaluation, including a company's contract performance, legal disputes, financial status... even whether employees are paid on time and in full can affect the company's credit evaluation.

For enterprises, if a company loses credibility, the entire industry will hear about it and try to avoid partnering with such a company. This is a risk management rule that every boss understands. However, if a company thrives, acts with integrity and lawfulness, is recognized by peers, trusted by consumers, and runs smoothly, such an honest company can win market recognition. Moreover, obtaining an AAA credit rating for bidding can receive strong support from relevant government departments, and bidding projects can be won easily.

Seven green passes of corporate credit rating in business and market activities:
1. It is a reliable "pass" for enterprises to obtain government support for investment promotion, investment, financing guarantees, and bank loans;
2. It is an indispensable "certificate of honor" to measure an enterprise's contract performance ability, bidding credibility, comprehensive strength, and competitiveness;
3. It is a "guidance certificate" for enterprises to understand the inevitable trends of social and economic development, improve modern management, and move towards internationalization;
4. It is an "optimization certificate" for enterprises to improve business management, strengthen credit management systems, and enhance risk control;
5. It is a "risk certificate" for enterprises to increase cooperation, credit sales, and contract risk prevention in business activities;
6. It is an important intangible "asset certificate" for enterprises to enhance brand value and brand competitiveness;
7. It is an important "burden reduction certificate" for enterprises to reduce fundraising and transaction costs.
The significance of corporate credit rating to the market:
1. Credit rating is a notarized service for the market economy.
2. Credit rating is an important promoter for optimizing capital allocation.
3. Credit rating is an effective measure to ensure the healthy development of direct financing.
4. Credit rating is an important source of information services for the financial market.
Enterprises with credit ratings can receive government policy support:
Local government authorities should strengthen the construction of the social credit management system, actively support the infrastructure necessary for enterprise integrity systems, and encourage social resources to tilt towards honest enterprises. In government procurement, bidding management, public services, project approval, technological transformation, financing credit, social publicity, and other aspects, reference should be made to the enterprise integrity-related information and evaluation results, giving key support and priority arrangements to honest enterprises.
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