Organizations need to accurately assess credit default risk when evaluating business opportunities – being too conservative loses business unnecessarily, and too liberal loses money. Both ends hurt business performance and damage the credit manager’s reputation.
Credit managers need accurate, long-range financial predictions to support growth by extending the most favorable terms to stable counterparties while avoiding companies with significant bankruptcy risk. This is especially challenging with long timeframes, complex pricing, and sales deadline pressures.
61,000 counterparties worldwide every day for our customers.
Credit managers use our AI software to predict 90% of counterparty bankruptcies two years in advance
They improve business growth by:
Understanding financial viability counterparties
Awarding the most favorable terms to stable counterparties
Getting Sales onboard through reports showing the probability of default and its root causes