We provide Scores and Ratings to help our customers identify organisations that are likely to fail or pay late, or will want to purchase their goods / services. This helps our customers drive growth and increase profitability by:
Allowing automated decisions for increased efficiency, which will free up valuable resources to focus on more important decisions
Enabling more consistent decisions across the entire organisation
Applying scores across an entire portfolio to quickly identify risk and opportunity
Allowing faster processing of large volumes of transactions
Failure Score – Identify Risk and Opportunities
Our Failure Score predicts the likelihood that an organisation will obtain legal relief from its creditors or cease operations over the next 12 month period. The Failure scorecard also looks for events signalling the onset of failure, such as a meeting of creditors, administrator appointed, bankruptcy, receiver appointed, and petition for winding-up.
The Failure Score makes risks visible, allowing our customers to reduce their bad debt and identify profitable opportunities.
Transforming Information into Insight
Factual information is analysed using advanced statistical modelling techniques (including Logistic Regression, Discriminant and Segmentation Analysis) and commercial expertise to identify data characteristics that are common to and most predictive of organisational failure. These characteristics are then weighed by significance to form rules for our scorecards that differentiate between organisations with a high risk of failure to those with a low risk.