1spark Risks

1Spark Risks - a service for managing tax risks while simultaneously comprehensively assessing the reliability of counterparties.

2021: Ability to switch from the "1C" system to the card of the analyzed company in the SPARK IAS interface

The group Interfax"" and the company 1C"" expanded the capabilities of the joint service "1Spark Risks," providing users with the opportunity to go when checking the counterparty from the system "1C" analyzed to the company card in the interface. SPARK information and analytical system This will provide users of 1SPARK Risks with access to the most complete information about their partners and greater opportunities for their analysis, 1C reported on June 2, 2021. The announced functionality will be available in the next release of "."1C: Accounting

As part of the annual tariff for the expanded version of 1SPARK Risks +, it has now become possible to view up to 150 full counterparty cards directly in the web version of the SPARK system.

Users of the joint service retain the ability to request individual business help for 150 companies through the 1SPARK Risks service. At the same time, business help within the 1C service can be received by one list of companies, and in the web version of SPARK - open cards for other companies.

The 1SPARK Risks service was launched in 2016, it was already appreciated by many small and medium-sized businesses, which can now receive as high-quality information about counterparties from the SPARK premium system as large business. The composition and cost of the basic version of 1SPARK Risks have remained unchanged for the past five years, while we regularly expand the capabilities of the service in accordance with the growing needs of entrepreneurs. The presented capabilities will allow customers of the service to receive full information on their counterparties, "said Boris Nuraliev, head of 1C.

"Actively developing our joint service in recent years, we have already improved the analytical risk assessments of companies, the monitoring system, expanded the composition of the business certificate, and added information about individual entrepreneurs. Now we give customers even more opportunities to analyze counterparties - in terms of ownership structure, their participation in court cases, financial statements, etc. This will increase the transparency of the client portfolio, allow you to more effectively manage relations with customers and suppliers, avoid the formation of problematic receivables, conclude dubious transactions, "said Interfax Group Executive Director Vladimir Gerasimov.

To evaluate the capabilities of 1SPARK Risks +, all 1C users will be able to get test access to the service. The test period is provided for a period of 7 days, it includes SPARK indices for all counterparties, monitoring of all counterparties, requesting certificates for five counterparties, access to cards for five counterparties in the web version of SPARK.

2020: Providing free access

On April 2, 2020, Interfax announced that together with 1C, in order to support business in a difficult period, they began to provide users of 1C programs with free access for a period of 60 days to a service for checking counterparties based on the SPARK-Interfax system.

Coronavirus infection has led to the disruption of the normal operation of many enterprises, this means a serious increase in business risks, threatens companies with an increase in non-payment. Operational information about what changes are occurring in counterparties should help our customers better protect themselves from these risks. The service from the SPARK system provides, in particular, an important opportunity for automatic operational monitoring of changes in counterparties, said 1C director Boris Nuraliev

1C: Enterprise programs are used to automate management and accounting in more than 1,500,000 organizations.

Created in 2016 on the basis of the SPARK-Interfax system, the 1SPARK Risks service, which is built into 1C programs, is already being used by tens of thousands of organizations. Thanks to the project, small enterprises also gained access to the highest quality business information. One of the advantages of our service is the popular scorings in the market: Due Diligence Index, Financial Risk Index, Payment Discipline Index. These indicators allow you to predict the deterioration of the financial situation of companies and record delays in payments, which is especially important in the current difficult situation. Chairman of the Board of Directors of Interfax Group Mikhail Commissar said

Within the framework of the action, users of 1C programs during April 2020 will be able to get free access for a period of two months to the service, which includes summary information for assessing risk factors of a legal entity, analytical Indices that allow making comprehensive conclusions about a legal entity. The service also gives users the opportunity to monitor changes in counterparties: changes in management, change of legal address, bankruptcy, etc.

The SPARK financial risk index calculates for almost 3 million Russian companies, taking into account both financial and non-financial factors. The index of payment discipline is calculated on the basis of information on real payments, which is transmitted to SPARK by resource-supplying, telecommunications, trade, service, transport companies from more than 50 sectors of the economy.

Recently, the Interfax information group also announced the opening of free access to the SPARK-Interfax system, for small and medium-sized businesses, for the period of quarantine, which is the source of information for the 1SPARK Risks joint service. To do this, you need to leave an application on the project website.

2016: Launch of 1Spark Risks service

On June 16, 2016, 1C and the international information group Interfax announced the launch of the joint 1Spark Risks. It will help users of 1C system programs: The company manages tax risks by assessing the reliability of counterparties.

The service will provide access, directly from 1C programs, to SPARK assessment systems: Due Diligence Index, Financial Risk Index, Payment Discipline Index.

1Spark Risks will provide the user with detailed information about suppliers and buyers in the form of a certificate from the SPARK system, certified by the electronic signature of Interfax, and will promptly notify about the most important changes in the status of counterparties: bankruptcy, changes in management, joining another company, etc.

Our task is to minimize the risks for our customers associated with working with "problematic" counterparties and the possibility of making claims from tax authorities that are fighting one-day firms. Working with 1C, a recognized leader in the market for enterprise management information systems, means for us to reach a huge new audience of users who today more than ever need affordable and effective tools to reduce tax risks. Mikhail Commissar, Chairman of the Board of Directors of Interfax Group

One of the key areas of development of 1C business and our partners - together with the automation of the main 1C business processes: The enterprise offers users a set of Internet services that can increase efficiency and reduce business risks, accelerate decision making. The fact that the information of the authoritative SPARK system can now be used directly in the process of working with our ERP and accounting systems will increase the value of the information technology support we offer. We expect that the new 1Spark Risks service will become popular with users of 1C programs. Boris Nuraliev, Director of 1C

1SPARK Risks allows you to manage tax risks and comprehensively assess the reliability of counterparties. The service is intended for heads of enterprises and business decision makers, accountants, managers of material supply departments, financial services specialists, etc.

1SPARK Risks is built into 1C programs and provides users with information to make informed decisions. For example, a transaction with an unscrupulous supplier or insolvent buyer may result in direct financial losses. You paid and there's no item. Or vice versa - you put the item on credit, and the buyer does not pay.

Estimates created by Interfax in the SPARK system show the main risks faced by companies. They help understand how secure the selection of a new counterparty is:

• The due diligence index shows the likelihood that the company is a "one-day firm";
• Financial risk index - the probability of insolvency of the company;
• Index of payment discipline - timely payment of invoices by the company.

The emergence of a negative factor in the counterparty's "portfolio" is reflected in the value of the Index, taking it to the "red zone" and signaling the need for additional verification of the company.

If any of the indices in the test is in the red zone (high risk), this is a reason for a detailed analysis. In particular, through the 1SPARK Risks service, you can get a certificate that contains detailed information on significant indicators of the counterparty's activities: identified risk factors, checks by government authorities, financial indicators, arbitration practice, enforcement proceedings.

The accuracy of the assessment based on the IDO was confirmed by testing, which Interfax conducted in 2015. Among 100,000 companies identified by tax authorities as unscrupulous, more than 90% had a high level of risk on the SPARK-Interfax IDO scale.

Another problem of cooperation with an unscrupulous counterparty is the risks of refusing to deduct VAT, additional taxes, fines for tax violations, penalties. The service "1SPARK Risks" will allow the accountant to warn the manager in time, minimize personal responsibility. If the decision on the transaction is still made, and the IDO signals the danger -; Prepare documents in advance to demonstrate due diligence.

Indexes take into account more than 40 factors and are constantly updated, thus allowing us to control the situation not only at the beginning of cooperation, but throughout it. Additionally, the service constantly monitors changes in the life of the counterparty. Liquidation, bankruptcy, reorganization, change of head, address, founders - information about these and other important events is promptly received in 1C. Notification occurs both when you start working with the program and "in place." For example, when you create a payment order for payment in the 1C program, you can see whether everything is in order with the counterparty.

Composition of 1SPARK Risks licenses

"1SPARK Risks" includes:

• SPARK indicators (Due Diligence Index, Financial Risk Index, Payment Discipline Index) for all user counterparties.
• Monitoring of all user counterparties.

"1SPARK Risks +"

Includes all features of "1SPARK Risks," as well as the ability to order an unlimited number of times certified business certificates for 150 counterparties at the choice of the user. A business certificate can be presented in regulatory authorities or in court as evidence of due diligence when working with a counterparty. The certificate is certified by the electronic signature of CJSC Interfax.

Additional Terms of Use "1SPARK Risks +"

Access to company information is available for the duration of the license. If the user extends access for the second year or acquires another 1SPARK Risks license during the first, he will receive information from SPARK for 300 companies (150 - bonuses from the previous license + 150 for renewal). 1SPARK Risks + may be extended an unlimited number of times.

If the user has not extended the validity of 1SPARK Risks + within a month, all bonuses (the accumulated number of companies for which he can see detailed information) will burn out.

You can get and view help in 1C, which has built-in service. You can also view help through your personal account in the 1C: ITS portal. The shelf life of the received certificates on the portal is 3 years.

The actual use of "1SPARK Risks" is determined based on the data of the automated system of the company "1C."

The action "1SPARK Risks" begins with the date that the partner specified in the application. The validity period is 12 months.

If the 1SPARK Risks license expires, the user's right to access the 1SPARK Risks features will be suspended. Therefore, the timely extension of "1SPARK Risks" ensures the comfortable, continuous use of this product.