Many credit professionals prefer to develop their own "scorecards" or internal credit scores to gauge a prospective or existing customer's creditworthiness. Internal credit scores can be created in several... Read more
It all started close to 50 years ago with a handwritten note that UCLA professor Dr. J. Fred Weston placed on his graduate assistant’s desk. The assistant, Edward Altman,... Read more
With credit risk rising globally, AR needs more robust risk scoring tools. For many, statistical-based scoring of customers will outperform credit bureau reports or judgmental-based scoring models.
Deciding whether to extend credit to a publically-traded company? Find information that will help you decide in free, easy-to-obtain annual reports and 10-Ks.
The venerable Altman Z-Score, designed to assess the financial health of existing or potential customers as well as suppliers, gets an update, making it more useful than ever.
You can easily obtain publically-traded company's annual reports and 10-Ks for free at the Securities and Exchange Commission’s web site. To learn how read Meet EDGAR.
Credit scoring technology has been adopted by only about one-quarter of companies, meaning that adopters of this technology that increases sales, manages risk, speeds approval, and enhances consistency can... Read more
Some credit professionals consider a potential customer's cash flow statement a better decision-making tool than an income statement. They want to know how much cash a prospective new account... Read more
The new NACM service helps National Trade Credit Report (NTCR) users by providing information on aspects of what is included in its credit reports, along with viewable samples, downloadable... Read more
Income statements are one of many tools in a credit analyst’s arsenal. The documents record a company’s financial performance over a period of time, like a quarter or year.... Read more