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The reputation score is a measure of companies' reputation, which is formed by a combination of the company's five business management process quality measures:
- Brand management
- Credit management
- Sales management
- Personnel management
- Asset management
The bigger and more sustainable the company, the higher the reputation score and vice versa.
The algorithm measures the company's size, activity, age, success, performance, summing the result into a single number. The algorithm also considers the value and amount of data - the more valuable the company's data (high turnover, good financial rating, high salaries, large amounts of assets, etc.) and the more open the company is (contacts, web, meta-data, social media, etc.), the larger score and vice versa - companies with no contacts, with debts, unsubmitted annual reports, etc., may also have a negative reputation score.
Reputation score values are divided into steps - up to 5 lines at the top (high values) and up to 5 lines at the bottom (low values).
Read more:HERE
How to put the reputation score to work for me?
The company immediately gets a significant competitive advantage from the moment positive ratings are open to the consumer. Positive (reliable) financial, credit ratings and reputation scores are a promise to the consumer: "I can be trusted", and it is trust that makes consumers loyal customers and supporters.
NB! Create a free account või log in to Storybook using ID software to unlock ratings.