INRES – get logged on to Insolvency Register Check your trading partners Have any of your clients or business partners become insolvent? Find out before signing the contract or in time to assert your rights. Compare the entire database of partners with the Insolvency Register by means of the INRES system.

What is INRES

INRES provides structured and continuous monitoring to make sure that an entity (i.e. a business partner, supplier, customer, etc.) is not involved in insolvency proceedings under Act No. 182/2006 Coll. In this way the owners of INRES have the chance to be in control and to assert their rights in time – to register all claims against the insolvent entity within the statutory time limit.

The system input is a database of entities with parameters that searching in the Insolvency Register possible (identification number of a legal entity, personal identification number, surname and the name of an individual entity). The time schedule for batch processing (updating and comparing data) can be adjusted in the system configuration.

After comparing the database with the insolvency register, electronic mail distributes a report listing insolvents with financial obligations to the company. The reports also show dynamic changes in the insolvency proceedings.

The above-stated mandatory information can be complemented with the user data, which appears in the final set. Such attributes can include internal insolvent entity, the amount of debt, etc.

The system is easy to use and the installation, management and operation are not difficult, either. The implementation process can be adapted to the customer's requirements.