SPARK

SPARK is a system for checking counterparties and gathering information about organizations. It is designed to enhance the efficiency of communication between business partners.

The system provides access to legal and financial data about counterparties in real-time. SPARK helps businesses make informed decisions and reduce risks.

The service is intended for a wide range of users: from large corporations to small enterprises. According to a Deloitte survey, large and medium-sized companies use SPARK to check the reliability of partners in 71.5% of cases.

For small businesses, this figure is 28.5%. This indicates that SPARK is popular across a broad business spectrum and is an integral tool.

Service features

In our review of SPARK, let’s consider some of the most significant features:

Interactive search

The feature allows you to find the necessary organization with minimal information about it. Filters and tags for organizations on the negative list make the search more precise and effective.

Company comparison

SPARK can compare up to 5 organizations simultaneously using key indicators. This comparison helps make an informed decision about choosing a counterparty based on analysis.

Risk assessment

The system conducts an automatic analysis of an organization’s reliability, thus allowing you to assess the risk level when interacting with a counterparty and take measures to reduce it.

Analysis and monitoring of legal documents

Tracking an organization’s legal documents helps keep informed about legal proceedings related to the counterparty and facilitates taking appropriate measures.

Financial analysis

Users can obtain economic indicators of a counterparty in the form of tables or charts. This function facilitates the assessment of their financial status and payment discipline.

Event notifications

The system provides notifications about upcoming bankruptcies, liquidations, and changes in companies, helping to respond promptly to changes in the business environment and minimize risks.

Service benefits

Quick access to information

The SPARK service provides access to information about counterparties in real-time. This allows for quick decision-making and prompt responses to changes in the business environment.

Comprehensive data

Information about counterparties, including data from various government sources, ensures the completeness and reliability of the information.

Multifunctionality

Comparing companies, analyzing risks, monitoring legal processes, and other features make it a versatile tool for business.

Reliability and security

The system guarantees a high level of data security and protects user information. This makes using SPARK reliable and secure.

Ease of use

The intuitive interface of the SPARK site and simple search system make it accessible even for novice users.

What users often scold about SPARK

Incorrect information display in demo mode

Users complain that incorrect information is displayed in demo mode, and the company imposes paid services after blocking demo access:

“In test mode, incorrect information is displayed”, “the company offers demo access, then immediately blocks it and starts imposing paid services.”

Slow response of technical support

Some users note the slow response of technical support to inquiries:

“once support responded non-operatively”, “followed by a very slow reaction and formalization of feedback.”

Lack of a mobile app

The absence of a full-fledged mobile app is another drawback noted by users:

“there are no blocked accounts. And there is a lack of a full-fledged app on the phone.”

What users often praise about SPARK

Extensive information base

Users highly value the extensive information base and convenient access to current data:

“you can find a lot of information, fresh data.”

Ease of use and clear interface

Many users note the ease of use and clear interface of the service: “easy and pleasant to use. Most functions are intuitively understandable”, “decent interface.”

Functionality and useful features

Users highly rate the functionality and useful features of the service:

“there’s a lot of everything”, “a lot especially for large firms”, “cool stuff. Really makes life easier.”

Quality of provided information

Some users note the quality of the information provided and its relevance:

“I liked the service, everything is very clear, a lot of everything, especially for large firms.”

Percentage of reviews

Most reviews of the “Spark” service are positive. Users appreciate the extensive information base, user-friendly interface, and functionality of the service.

However, there are remarks about the performance of technical support, the lack of a mobile app, and the incorrect display of information in demo mode and the imposition of paid services.