Failure Score

Know your customers solvency 12 months ahead

The Failure Score is designed to predict the probability that a company will go into bankruptcy, suspension of payments, compound, reconstruct or likewise. With the failure score you know the probability that a company will encounter payment problems within the coming 12 months. Your company will be equipped with an efficient tool for decision-making, making safer business and avoid credit loss.

The Failure Score is a statistic method for creating a total overview of a company’s creditworthiness in an efficient and concise way. The calculation is based on statistic break downs and contains data as well as the company’s line of business, age, economy and geography.

Impartial and consistent assessments

With Soliditet’s Failure Score you can easily make consistent decisions regarding which trade terms you should offer your customers. Besides great precision and automation, this method offers an impartial and consistent assessment that you will not obtain with manual credit rating. If the Failure Score decreases it is a strong indicator that you should change the credit for the company in question.