3D Ledger is information we have collected from thousands of 3rd party companies (Creditsafe Trade Partner’s). This data is then matched to our universe to give us insight to a particular company’s payment behaviour.
Changes in a company’s payment Behaviour is one of the earliest signs of financial difficulty and is one of the most effective data sources when predicting the likelihood of failure before the filing of official accounts.
Trade Payment Data is unlikely to represent a company’s total trading behaviour, but analysis has proven that even a small amount of Trade Payment behaviour is hugely predictive.
The presence of Trade Payment data may impact a Company credit rating however there are other factors that will have a greater impact such as legal filings (CCJ’s), industry sector and key financial ratios.