Just like tariffs, supplier financial risk has become an important category to monitor by company procurement departments. If this isn't on your radar today, it should be.
Chief Procurement Officers, Directors of Supply, Supply Chain Analysts, Procurement Leaders, Purchasing and Procurement professionals – if you work in the procurement field, you are mindful that the failure of just one financially stressed critical vendor can compromise your supply chain, your revenue and your reputation.
It all starts with the unique solutions that only CreditRiskMonitor® can provide. Uncover supplier risk with our proprietary FRISK® and PAYCE® scores, highly accurate in predicting the severe financial stress leading to bankruptcy in public and private companies. We've spent years backtesting and fine-tuning our products so that when the time comes for procurement professionals to make difficult decisions, we've perfected the analytical work to make those decisions easier on you.
Since 1999, CreditRiskMonitor® has made it easier for our clients to stay on top of financial risk.
Procurement professionals around the world depend on us to:
Ease their process in data entry and standardization of their private suppliers's financial statements and obtain comprehensive financial reports
Review and evaluate new vendors and suppliers for financial viability during bids and on-boarding as well as continued comparable performance monitoring across sectors and geographies using our peer analysis tools
Stay alert to changes in supplier financial health over time with automatic, timely email alerts on financial stress, material news and score changes, along with agency rating updates from Moody’s, Fitch and DBRS Morningstar
Get started by sending us your portfolio.
CreditRiskMonitor® allows you to create portfolios of unlimited size with the ability to sort by various data features available in the database. By sorting your portfolio on bankruptcy risk analytics like the FRISK® and PAYCE® scores, you can optimize your account reviews to focus on those most risky companies in your portfolio. Additionally, CreditRiskMonitor® will proactively monitor those companies in your portfolio and actively “push” information to you to ensure you are never surprised by a troubled company, default or bankruptcy. We will keep you abreast of our proprietary financial risk scoring, relevant news, public filings, changes in agency ratings and payment history.