The global effort to slow the spread of COVID-19 continues to impact all economic regions and industries. Risk professionals must adapt quickly or risk being sideswiped by the rise in bankruptcies.
The FRISK® score downgraded retailers and restaurants in February and March following the market sell-off stemming from coronavirus.
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.
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.
A contraction in credit is not something that might occur: It will happen at some point. Risk professionals dealing with the retail sector are better off preparing now, while economic conditions are still strong.
CreditRiskMonitor recently published a High Risk Report on troubled Cooper-Standard Holdings Inc. This detailed report will provide five quick and important facts that you need to know about this OEM auto industry supplier.
From the start of the coronavirus pandemic, CreditRiskMonitor subscribers have experienced an increase in public company FRISK® scored corporate failures* throughout North America.
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.
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.