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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?
A dormant debt powder keg ignited in 2023; as bankruptcies continue to explode in 2024, risk professionals must set into motion a multi-faceted approach to financial risk evaluation.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how credit manager crowdsourcing play a role.
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.
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.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how financial ratios play a role.
Avoid the crash: not having a daily risk download like what we provide subscribers with our proprietary FRISK® score, when world events like armed conflict are changing industry every day, is like flying a plane without instruments through a hurricane.
While risk analysis professionals may be tempted to use the statistical FRISK® score as a component within a different model, such as one that is rules-based, doing so may generate suboptimal results.
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.