With the PAYCE® score providing a substantial uplift compared to traditional trade payment analysis, more and more risk professionals are adding the bankruptcy model into their workflows and processes.
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Stay ahead of public company risk with our bankruptcy case studies, high risk reports, blogs and more.
The CreditRiskMonitor FRISK® score often beats other scoring models in identifying major financial risk, adding several months - sometimes years - of precious lead time for our subscribers to make pivots on extending credit terms or adjusting suppliers. A great example of this phenomenon is tied to the decline of Bed Bath & Beyond.
What if you knew that our company saves clients an incredible amount of time and money with more accurate – and thereby useful – private company risk solutions compared to Dun & Bradstreet?
See how the CreditRiskMonitor PAYCE® score was instrumental in identifying bankruptcy danger within three high-profile private companies well before the days that they respectively filed for Chapters 7 and 11.
CreditRiskMonitor's PAYCE® score is providing advanced warning on some high-profile private company bankruptcies already in 2023, with Simmons Bedding Company at the top of the list.
In preparation of future bankruptcies, credit professionals are using CreditRiskMonitor’s Credit Limit Ranges solution for automated monitoring on the size of credit lines.
The FRISK® score routinely identifies zombies across all industries. In fact, total high-risk companies worldwide have increased by nearly 50% since October 2021, which indicates another wave of bankruptcies is on the horizon.
The PAYCE® score allows CreditRiskMonitor subscribers to stay at the front of cutting-edge technology to keep ahead of risk from private companies in their portfolios.
The coronavirus has unleashed the global debt crisis that CreditRiskMonitor has been predicting. Credit professionals need to take action to ensure that they aren’t unduly impacted by delayed payments and bad debt write-offs.