RAPIDRATINGS WHITEPAPER
Invisible Threats: Understanding & Managing Hidden Risks in Your Supply Chain
The limitations of relying on trade payment data as a predictor of financial distress
Read this whitepaper to:
- The comparative accuracy levels of financial health data versus trade payment data in predicting default risk.
- Why trade payment data is a poor basis for calculating default risk.
- How 97% of the data showed no correlation between late payments and financial distress.
- The key reasons businesses legitimately leverage late payments.
- How greater accuracy is achieved by modeling data from financial statement analysis.