What is a D&B Failure Score?
The D&B 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 – it also improves objectivity and consistency.
As well as a graphical view showing the probability of failure, D&B also provide a quick glance view of risk by grouping the scores into bands (Risk Indicators) using expert rules.
The D&B Failure Score is combined with expert rules to generate the D&B Risk Indicator, which provides a quick and easy way to instantly identify the risk of an organisation.