By tracking the behavior of credit managers and other professionals, crowdsourcing becomes the critical advantage that CreditRiskMonitor subscribers gain.
Resources
Stay Ahead With In-Depth Analytics on Public And Private Companies
Read in-depth how crowdsourced intelligence is used to enhance the FRISK® Score, increasing both the timeliness and accuracy of the bankruptcy model.
In this audio interview, CreditRiskMonitor CEO Jerry Flum speaks to SupplyChainBrain's Bob Bowman about crowdsourcing and the unique nature of credit managers' behavioral data.
Published in Credit Research Foundation’s quarterly journal, this article discusses how crowdsourcing the research activity of corporate credit professionals provides an early warning of business counterparty financial risk.
Bankruptcy filings are dramatically increasing in 2023; several large Chapter 11s have been accurately predicted already with the aid of our exclusive crowdsourcing data input, made available only to CreditRiskMonitor subscribers.
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.
Our bankruptcy case study of FAT Brands, parent company of Johnny Rockets, shows that the FRISK® Score flagged elevated bankruptcy risk more than a year before the filing. The FRISK® Score identified elevated bankruptcy risk 12 months prior to its filing. Most importantly, crowdsourced intelligence triggered a downgrade to a FRISK® Score of "1" using insights from the credit community, including risk professionals from nearly 40% of the Fortune 1000.
Inbound Logistics' Sandra Beckwith cites CreditRiskMonitor as a power user of crowdsourcing throughout the supply chain—from product design to final-mile delivery—to better assess risk.