Credit Risk Analyser
Prescott Jones are working with Euler Hermes, a leader in trade credit insurance, part of our partner insurers Allianz, to give our contacts exclusive access to their global risk experts and provide you with useful insights into your market, customers and prospects.
The service is optimised for businesses with a turnover approaching £1m and above.
Euler Hermes has developed Credit Risk Analyser, a free tool to help you assess the risk to your business. It will:
- See how the average rating of your customers based on our probability of default prediction has evolved over the
past 12 months
- Find out where your customers sit within their risk scale
- See details of your top customers and sectors to see if you have any customer or sector concentration risk
- Using our unique risk algorithm find out how much of your turnover is at risk over the next 12 months
Before the pandemic, Euler Hermes were expecting global insolvencies to increase by 6%. Following the outbreak of COVID-19 and just a 1 month confinement period Euler expected to see an increase of at least 14%. Now they expect insolvencies to increase by 25%, with a further predicted increase of 35% into 2021.
As you know, customer insolvencies can have a devastating impact on company cash-flow.
How it works:
To obtain your free Credit Risk Analyser Report, simply click the below link and fill in the on-line form:
You will be contacted by a member of their team to provide them with an aged debt report.
I hope you will find the service of real benefit.
Paul Gardner Dip Mgmt (Open), Dip CII, FFB