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? Regardless of whether you have your counterparty’s financials or not, we can get it done.
How it works:
- If your company does have access to your counterparty’s financial statements, or your counterparty can provide them, then you will gain access to comprehensive reporting features, including risk scores, standardized statements, ratios and trends, and industry comparisons, among other features.
- If your company does not have access to the financial statements of your counterparty, then chances are that a CreditRiskMonitor PAYCE® score and/or an Experian® FSR ScoreSM will be available to assess the counterparty’s financial risk. The PAYCE® score makes use of trade payment data sourced from our Trade Contributor Program, which collects ~$3 trillion in accounts receivable annually. The program continues to expand each year with more trade contributors and larger trade files; and, as consequence, both the number of companies covered by the PAYCE® score and the accuracy of the model continue to increase and improve.
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FRISK® score | The 96%-accurate FRISK® score is a bankruptcy prediction model primarily used for public companies. The uplift for public companies stems from stock market performance, agency ratings, and subscriber crowdsourcing. |
Altman Z’’-Score | The 75%-accurate Z’’-Score is a bankruptcy prediction model used for both public and private companies. As a public domain score and long relied upon by risk professionals, the Z’’-Score serves as a secondary risk assessment to the FRISK® score. |
Financials Unavailable | |
PAYCE® score | The 80%-accurate PAYCE® score is a bankruptcy prediction model that covers 330,000+ private companies in the U.S. and Canada. Unlike other payment models, the PAYCE® score is only available on businesses with a significant number of trade contributors and trade lines. Other payment scores such as the PAYDEX® score will use as few as two tradelines, which is akin to flipping a coin for your financial risk evaluation. |
Experian® FSR ScoreSM | The Experian® FSR ScoreSM provides predictions for both default and bankruptcy risk and covers millions of U.S. private companies. This model derives from a variety of data categories such as payment delinquency, collection trades, credit utilization, public filings, and business background. |
Confidential Financial Statements
With the Confidential Financial Statements Solution, you can assess private company customers with the same tools as your public ones. Step into easy, holistic financial risk monitoring so you can make informed decisions faster, with less effort, and with greater confidence.
Some of the primary report features will include:
- Financial risk models with industry-leading accuracy, including the FRISK® score and Z’’-Score.
- Standardized financial statements to evaluate companies worldwide, including 27 balance sheet line items, 14 P&L line items, and 16 cash flow line items.
- Detailed financial ratios and trend analysis, including performance, leverage, liquidity, etc.
- Forty ratios in industry peer analysis for direct comparison between public and private companies.
This streamlined process will deliver highly accurate risk scoring and allow you to perform thorough financial risk analysis so you can make critical business decisions in a timely manner. For more information, please visit our CFS solution page and request a personalized demo.
Enhance Your Workflows
Subscribers can synchronize their own data with CreditRiskMonitor’s API integration. While public companies represent more than half of business-to-business transactions worldwide, you must always account for your largest private companies as well. To make highly accurate risk evaluations and decision-making even faster, bankruptcy scores including the FRISK® score, PAYCE® score, and Z’’-Score can all be found in one place to address both sides of the aisle.
With our API, your team will be able to pull data when you need it, including a comprehensive range of financial and nonfinancial data, and access this real-time data for your internal models, databases, and dashboards. This option can be used to enrich large data systems and support automation for master projects or individual use cases.
Bottom Line
CreditRiskMonitor offers comprehensive public company coverage and continues to expand private company reporting worldwide. Subscribers frequently cite our real-time and highly accurate bankruptcy risk tools to replace outdated risk solutions and enhance internal models. In an era of swelling business debt, risk management teams can never let their guard down.
Have questions? Contact us today to learn more about our unique private company solutions.