Creditsafe creates impact score of COVID-19 to identify risk areas in portfolio.

Global Banking News-April 17, 2020-Creditsafe creates impact score of COVID-19 to identify risk areas in portfolio

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Creditsafe USA has announced its team of data scientists has created a COVID-19 Impact Score designed to help businesses identify risk areas within their customer and supply chain portfolios, the company said.

The Impact Score was developed using a combination of macro and micro economic indicators, federal, state, and local data, combined with real-time payment and other information. The Creditsafe Covid-19 Impact Score grades the likely disruption to any business on a simple scale ranging from A -- very low risk of disruption through to E -- very high risk of catastrophic disruption. Creditsafe's analysis of the nation shows that almost 30% of US companies are likely to...

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