Application Program Interface that delivers actual company data
Use the power of our API to overcome your business challenges! Our Application Programming Interface allows to feed our carefully gathered data directly into your company’s systems in real-time. This gives you permanent access to fresh and accurate company data.
Our API is relevant for a wide spectrum of existing use-cases but we pride ourselves in our responsiveness to our clients’ needs and flexibility in providing them with tailored solutions.
We provide two types of API products
Standard API with business information is a ready-made box solution that can be implemented in any system within a few days.
Customized APIs might include extra data sets or sources. They can also include processing of the data on our end or / and full integration to internal systems of a client and ongoing service.
Standard API examples
Czech Republic API
United Kingdom API
Your business is based on international relations?
You need additional sources of company data?
The best way to understand what we do is to learn about how we’ve been helping our customers
Use Case - Onboarding automation
A digital bank operating in the CEE region provides business accounts for SMEs. The bank uses an online onboarding portal where companies would fill out an online application form. Before an account can be opened every customer has to complete 27 fields of the registration form and waits 48h for manual verification of the input by the bank. Often, some of the fields contained errors and typos.
Once we’ve integrated our API data solution to the bank’s system customers only need to fill out two fields: the company name and the registration number. The rest is auto-filled in the background in real time by Transparent Data. This brings three major benefits to the bank like lower cost thanks to automation of manual work, lower risk thanks to real-time verification of the data against a reliable data source and much-improved UX for the clients and hence significantly higher conversion to customer.
registration process average
higher conversion for registration
errors in the database
Use case - Automatic verification of the business risk
Company X had good sales results but 21% of its sales invoices ended up with a debt collector. After an internal audit, X came to the conclusion that most of these matters can be easily avoided in the early stages using their own business risk analysis. On the one hand, however, more human resources were needed, and on the other business information (including whether the company was on the public debt exchange, owed tax to the Tax Office, or the number of changes in the management in the past year and lastly whether there were any other companies registered at the same address).
Due to the fact that sales representatives were opening hundreds of new accounts every month, X decided to fully automate the verification process with our API. Now the selected company data automatically goes to the risk assessment algorithm that the company has developed, complementing and updating already existing company data. Thanks to this solutions sales reps can run early checks on companies by typing the business name into the CRM system to see potential “red flags” that can affect customers’ solvency. Based on this information, they either change the terms of the contract, request upfront payments or kill the prospect altogether.
reduction of the number of contracts going to debt collection
both the sales and accounting departments have the same information in their separate systems
Use case - Product improvement
The basic product of our client were reports with information on the indebtedness of companies. In order to increase the value of these reports and stand out from the competition, our client decided to make the reports more attractive by enriching them with current and historical registry data.
Our API automatically completes the relevant fields in customer reports so that the entire product is much more comprehensive and consistent. This allowed our client to quit price wars with competition and position themselves as the only company in their field that sells complete and accurate information on companies.
increase of subscriptions sold on its own platform
increasing customer satisfaction
increased NPS ratio compared to the result of 6 from the previous year
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