About YouScore and general questions

YouScore is an API (Application Programming Interface) developed by YouControl to automate the process of counterparty verification within your system. It provides fast and convenient access to a vast database of Ukrainian companies, individual entrepreneurs, and individuals. The data you access via the YouControl web platform can be integrated directly into your system through the YouScore API.

YouControl aggregates data from various sources, such as government registries, court records, financial statements, and more. Additionally, YouScore offers unique analytical tools that can instantly identify risk factors to consider when working with a counterparty. Compiling and analysing this information manually would be extremely complex and time-consuming.

YouScore uses a wide range of sources to provide the most comprehensive and accurate information about companies, individual entrepreneurs, and individuals. The exact number of sources frequently changes as the database is continuously updated and expanded.

The key sources used by YouScore include:

• Unified State Register of legal entities and individual entrepreneurs (USR)
• Taxpayer registers
• VAT payer register
• Ministry of Internal Affairs vehicle register
• Register of non-profit organisations and institutions
• Unified State Register of Corrupt Officials
• Unified State Register of Persons Subject to Provisions of the Law of Ukraine on Lustration
• Data arrays from the Central Election Commission
• Verified media sources
• Other specialised registers, depending on the verification needs and the nature of the company, individual entrepreneur, or individual’s activity

• Legal information: Full company name, address, EDRPOU codes, NACE codes, company status, and more.
• Ownership structure: Beneficiaries, founders, ownership shares.
• Financial standing: Financial reports, authorised capital, liabilities, balance sheets.
• Court history: Details of court cases and enforcement proceedings.
• Sanctions lists: Verification against sanctions lists, politically exposed persons (PEPs), and terrorist designations.
• Advanced analytics: Express analysis, financial scoring, market scoring.

And much more

• Comprehensive counterparty assessment: By drawing on diverse sources, YouScore provides a holistic view of a company, including financial stability, reputation, legal outcomes, licences, and more.
• High data accuracy: Using information from multiple sources minimises the risk of errors and inaccuracies.
• Up-to-date information: Regular updates from various sources ensure current information about a company, individual entrepreneur, or individual.
• Understanding data quality: Knowing the sources allows users to evaluate the reliability and relevance of the provided data.
• Selection of key indicators: Users can prioritise metrics that align with their business needs and analytical objectives.
• Risk assessment: With detailed information on a company, individual entrepreneur, or individual, users can better evaluate the potential risks of cooperation.

Data from the Unified State Register, Real Estate Register, Register of Movable Property Encumbrances, and Debtors Register is updated in real-time, while most other data is typically refreshed daily.
Exception: Since May 2022, during the war, updates for tax debts and licences have been suspended.

Following consultation and assessment, the transmission of required data – such as the specific dataset and update frequency – can be configured to meet your business requirements. This process is facilitated either by your internal IT team or a selected external integrator.
It is important to note that we do not perform system integration directly. However, we provide comprehensive support to your development team or external integrator to facilitate the implementation of the solution.

An integrator is a skilled professional or organisation specialising in the integration of various information systems. They configure the transfer of data from YouControl into your system using API. This integration enables your CRM, ERP, or other platforms to automatically receive up-to-date information about business partners, minimising manual data input and reducing the likelihood of errors.
For API integration with YouControl, you may involve your in-house developers or engage external integration specialists.

Using the YouControl API to automate counterparty verification and access financial information offers several key benefits:

Speed and Efficiency

• Instant Data Access: Obtain up-to-date company information within seconds, enabling swift and informed decision-making.
• Automation of Routine Tasks: Frees employees from manual tasks, allowing them to focus on strategic priorities.
• Enhanced data processing capacity: Facilitates processing large volumes of data in a short timeframe.

Accuracy and Reliability

• Minimised Human Error: Automation reduces the likelihood of mistakes associated with manual data entry.
• Guaranteed Data Relevance: Information is regularly updated from official sources, ensuring accuracy and timeliness.
• High Trustworthiness: Data sourced from official registries guarantees its reliability.

Integration with Existing Systems

• Flexibility: The API allows seamless integration of counterparty data into existing company systems (e.g., CRM, ERP).
• Custom application development: The API provides the flexibility to create tailored tools specific to organisational needs.

Resource Optimisation

• Cost Reduction: Automation decreases expenses related to labour and data processing.
• Business Process Optimisation: Automation results in significant time and resource savings.

Enhanced Security

• Protection Against Unreliable Counterparties: Regular checks help identify potentially unreliable partners, reducing risks.
• Simplified Compliance Processes: Automation aids in adhering to legal requirements and internal company policies.

Summary: The YouControl API transforms counterparty verification and financial data management by empowering organisations to:

• Enhance operational efficiency
• Improve the quality of decision-making
• Mitigate risks and negative outcomes
• Optimise expenses.

With these benefits, YouScore – the YouControl API – proves to be an indispensable tool for modern businesses.

YouScore, the API provided by YouControl, stands out among other counterparty verification services due to its combination of speed, accuracy, comprehensive analysis, and unique features, offering users significant advantages:

Speed and Convenience

• Instant Data Access: Obtain real-time information on companies and individual entrepreneurs almost instantaneously.
• Automation of Routine Tasks: Easily integrate YouScore into your existing systems (e.g., CRM, ERP) to automate verifications and save valuable time.

Accuracy and Comprehensive Data

• Reliable Official Sources: YouScore uses data from state registries (e.g., Unified State Register, court decisions, enforcement proceedings), financial reports, and other authoritative sources, ensuring the accuracy and reliability of the information.
• Continuous Data Updates: The platform regularly updates its data, ensuring access to the most current information.
• Extensive Change History: YouScore offers the most comprehensive history of changes to company data compared to other services, allowing users to track development trends and potential implications.

Comprehensive Analysis and Unique Indices

• ExpressAnalysis Index (580+ Due Diligence Factors): This unique index highlights critical aspects to consider during counterparty verification, analysing over 580 due diligence factors. It provides a comprehensive risk assessment to support well-informed decision-making.
• Financial Stability Index (FinScore): Based on a company’s financial statements, FinScore rates its financial stability, offering insights into the counterparty’s solvency and financial viability.
• Market Power Index (MarketScore): This index evaluates a company’s market position and influence within its industry.
• Affiliation with Financial and Industrial Groups (FIGs): YouScore uniquely identifies a company’s affiliation with FIGs, helping to uncover connections and potential conflicts of interest.

User-Friendly Tools and Reports

• PDF Report with ExpressAnalysis: A detailed PDF report summarises ExpressAnalysis, making it easy to store, share, and review information.

Summary:: YouScore provides more than just data – it offers powerful analytical tools and unique indices such as ExpressAnalysis, FinScore, and MarketScore, as well as insights into FIG affiliations. These features enable a deep understanding of counterparties while minimising risks. The extensive change history and convenient PDF reports make YouScore an essential tool for thorough counterparty verification.