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Historical Perspective The inclusion of 5 years of Profit & Loss and Balance Sheet information offers stakeholders a historical perspective on the supplier’s financial performance. This can help identify trends, patterns and cycles in the supplier’s financial behaviour.
Dynamic Movement Analysis By displaying 12 months of financial health score movement and PoD movement, stakeholders can observe how a supplier’s financial health and risk profile have evolved over time. This enables them to assess the supplier’s response to changing market conditions.
Informed Decision Making Stakeholders can use the information to make informed decision about supplier relationships, contract terms and overall business strategy. The historical and current financial data helps stakeholders understand the supplier’s financial viability.
Risk Assessment and Mitigation The combination of financial health score, PoD, historical financial data and movement analysis empowers stakeholders to assess risks and develop appropriate mitigation strategies for suppliers exhibiting signs of distress or instability.