How PurplePatch Can Help
Are you paying too much for your credit bureau data? You're not alone. Nine out of ten businesses we work with discover they're paying significantly more than their competitors for the exact same services.
It's frustrating, isn't it? Credit bureaux often lack pricing transparency, and switching providers feels nearly impossible. You know what's worse? Companies with identical service footprints can pay wildly different prices from the same bureau.
That's why we're here to help. Since 2014, we've conducted hundreds of benchmarking exercises to help businesses like yours save millions on credit risk and marketing costs.
Here's what makes our approach effective: We know exactly what bureaux charge other companies with your service footprint — including your competitors. When we spot overcharging, bureaux listen. They know we have the data to back up our negotiations.
Of course, you might be wondering how much you could save. Let’s put it this way — our clients typically reduce their costs by 25% to 50%. That's real money back in your budget.
Want to find out if you're overpaying? We'll start with a free benchmarking assessment. No commitment needed. Use our Price Checker Tool – TrueRate
What Our Clients Receive
You don't need to change providers to save money. Our clients typically save 25% to 50% while staying with their current bureau. Here's how we help:
Get instant price insights
Start with our AI-powered Price Checker tool – TrueRate — it's completely free and gives you immediate results about where you stand.
Detailed analysis within 48 hours
Want a deeper look? We'll provide a comprehensive benchmarking analysis under NDA within two days. No cost, no obligation.
Skip the RFP hassle
Why spend months on a formal RFP when you can get better pricing in weeks? We'll guide you through a streamlined negotiation process that saves both time and money.
Expert support when you need it
You'll have access to strategic advice throughout your contract negotiations. We've seen every negotiation tactic the bureaux use — and we know how to counter them.
Global market intelligence
Get clear insights into fair market rates for data pricing, software licenses, and commercial terms, both in the UK and internationally. We'll make sure you're not paying more than your competitors for onboarding and aggregator costs.
The best part? It's easy to get started. All we need is a brief overview of your current services. From there, we handle the heavy lifting while you focus on running your business.
Credit Data Benchmarking in Action
Here are some recent examples showing total and percentage of savings:
- Banking: £2,000,000 saving over 5 years (28%)
- Banking: £5,100,000 saving over 3 years (40%)
- Banking: £2,800,000 saving over 3 years (26%)
- Finance Retail: £3,000,000 saving over 5 years (23%)
- Finance Motor: £450,000 saving over 3 years (32%)
- Finance BNPL: £400,000 saving over 2 years (30%)
- Energy: £50,000 saving over 1 year (33%)
- Energy: £6,000,000 saving over 3 years (50%)
Additional Consulting Services
We also provide bespoke services to support our clients.
- Identify and evaluate best-in-class credit data quality
- Develop and implement credit risk strategies
- Assess the pricing of non-bureau data purchases
- Strategic scorecard development
- Harnessing the power of AI to accelerate risk analysis performance
- Management of fraud and economic crime
- Highlighting specialist value-added data suppliers
- Advice on adopting a multi-bureau strategy
Whether your bureau contract is up for renewal, or you want to renegotiate a better deal mid-term, you can successfully negotiate cost savings.
Get in touch today for a FREE data benchmarking assessment.