CreditRiskMonitor® offers up five quick and important facts that you need to know about Avaya Holdings Corporation to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
This Tech Review developed by Spend Matters highlights the AI-powered financial risk analytics solutions that have vaulted CreditRiskMonitor and SupplyChainMonitor towards best-in-class accuracy in predicting bankruptcy, as well as a company roadmap towards future innovation through automation and expanded private company coverage.
Armed with CreditRiskMonitor’s SupplyChainMonitor product, procurement teams worldwide are restructuring by onshoring, nearshoring, and avoiding increasingly risky countries.
Highly leveraged Lucira Health, Inc., maker of at-home COVID-19 and flu tests, went bankrupt after pandemic restrictions universally eased and demand for company wares subsequently plummeted.
CreditRiskMonitor's PAYCE® score is providing advanced warning on some high-profile private company bankruptcies already in 2023, with Simmons Bedding Company at the top of the list.
Bankruptcy has come for Tuesday Morning Corporation, the once-popular off-price retailer that buckled after lenders put the kibosh on the company’s ability to borrow additional money to finance operations.
For the second time in six years, Avaya Holdings Corporation is filing for bankruptcy protection. The multinational tech firm struggled to hit earnings targets in 2022 as it continues to fully convert its business model to the cloud.
CreditRiskMonitor offers up five quick and important facts that you need to know about Party City Holdco Inc. to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.
In the wake of Russia's invasion of Ukraine nearly one year ago, we note how companies in 2023 must implement sound sourcing strategies that account for sanctions, country, and financial risk to mitigate future disruptions.
CreditRiskMonitor® is pleased to announce it has been named to the 2023 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.
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.