What are the root causes of the failure of risk models to provide adequate warning? After nearly 25 years of company operation and observation, CreditRiskMonitor® has identified four common problems among competing risk models.
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Knowledge of how and when to react to a business defaulting is essential; cutting ties with a customer or supplier too soon could lead to a missed sales opportunity, while being too late can result in financial loss.
In 2022, end users are leveraging CreditRiskMonitor’s API to improve workflow efficiency, and communicate reliable, reputable data across their entire teams. This scalable data provides automation for company evaluations to improve credit reviews, cash collections, and minimize receivable write-downs.
Risk professionals like yourself are preparing for another economic downturn and our API will enhance your workflows. This scalable data provides automation for supply chain analysis, reviewing prospective vendors, and RFP processes.
With inflation at a 40-year high and interest rate hikes beginning to be implemented, more and more overleveraged companies with sinking FRISK® scores are in greater danger of bankruptcy in 2022.
Based on financial risk data and scoring from SupplyChainMonitor, our clients that are semiconductor buyers are being advised to seek out “just-in-case” scenarios to mitigate such risks in the years ahead.
Tick tock. WeWork Inc. carries over $21 billion in debt and reported $5 billion in net losses in the past year. This real-estate giant with more than 700 property locations worldwide is increasingly distressed.
Property development represents about 30% of China’s GDP. Ongoing defaults could eventually convert into bankruptcy filings that would shake up the industry - and subsequently rock markets in the West.
Credit professionals use CreditRiskMonitor®’s Trade Contributor Program to gain quality, real-time insights into their accounts receivable portfolio. We collect in excess of $2 trillion in trade data annually from our trade providers. After processing this data, we work with credit professionals to be more proactive and tactical with their accounts receivable to make healthier business decisions.