CreditRiskMonitor delivers a highly accurate gauge on U.S. public company bankruptcy risk. In 2020, out of 85 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting two bankruptcies. That amounts to a 97% rate of success during that time.
Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 79% of bankruptcies in 2020 with the PAYCE® score.
The FRISK® score enables procurement and supply chain professionals to monitor the financial risk of their suppliers, vendors, and third parties quickly and efficiently.
The FRISK® score enables procurement and supply chain professionals to monitor the financial risk of their suppliers, vendors, and third parties quickly and efficiently.
From the start of the coronavirus pandemic, CreditRiskMonitor subscribers have experienced a new record in public company FRISK® scored bankruptcy filings between North America and Europe.
From the start of the coronavirus pandemic, CreditRiskMonitor subscribers have experienced an increase in public company FRISK® scored corporate failures* throughout North America.
Knowledge of how and when to react to a business defaulting is essential; cutting ties with a customer or supplier too soon could lead to a missed sales opportunity, while being too late can result in financial loss.
Our give-to-get proposition involves you contributing trade every month and we provide free and unlimited access to our entire collection of trade data, covering millions of companies and trillions of dollars of annual receivables.
Our give-to-get proposition involves you contributing trade every month and we provide free and unlimited access to our entire collection of trade data, covering millions of companies and trillions of dollars of annual receivables.
Spanish construction and engineering company Obrascon Huarte Lain SA has a FRISK® score of "1," indicating heightened risk of failure and a need for professionals to monitor the organization closely.
With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring.
With consumer demand plummeting because of the COVID-19 pandemic, highly leveraged automotive supplier Shiloh Industries, Inc. has filed for Chapter 11 restructuring.
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 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.
Engine failure: the bankruptcy of Briggs & Stratton Corporation was an event long suspected by CreditRiskMonitor subscribers who watched the company's fledgling FRISK® score on a daily basis.
