Thousands of private companies go bankrupt every year. It’s important to identify those risky companies before they file, particularly if they are your largest customers or suppliers.
CreditRiskMonitor today announced a new licensing agreement with Morningstar Credit Ratings, LLC, a nationally recognized statistical rating organization (NRSRO) and a subsidiary of Morningstar, Inc.
Public and private companies need to be proactively evaluated in distinct, different ways by risk management professionals - fortunately, with the FRISK® score and PAYCE® score, CreditRiskMonitor has world-class solutions for both subportfolios.
Read this in-depth white paper to learn more about CreditRiskMonitor's proprietary PAYCE® score, how it works and why it's accurate for private company risk analysis.
Proactive defensive measures taken and frequent credit monitoring are essential in an age where too many trade creditors are left with pennies on the dollar for their investments.
CreditRiskMonitor automates the monitoring of financial stress in public and private companies and leverages the knowledge of the crowd to make sure that busy professionals get a "tap on the shoulder" when it is time to act.
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.
Our highly influential subscribers use our fundamental service to help them make decisions affecting billions of dollars of purchase and sale transactions every month.
CreditRiskMonitor recently debuted its new PAYCE® score, a highly accurate measure of bankruptcy risk when no financial statements are available for private companies.
New from CreditRiskMonitor, the PAYCE® score harnesses deep neural network technology to bring you a highly accurate score for private company bankruptcy risk assessment.