The ARMS Payment Score has quickly gained industry recognition for its ability to evaluate a company's trade payment behavior and help predict the likelihood of future late payments.
Great Neck, NY (PRWEB) March 22, 2013
Accounts Receivable Management Solutions (ARMS), an affiliated company of Information Clearinghouse, Inc. (ICI), announced the latest enhancement to its payment scoring model. With a single click, subscribers can now create a new portfolio-based Payment Scoring Report, for quick identification of slow-paying accounts and deteriorating payment trends. The Payment Scoring Report, displayed in a format easily printed or emailed, shows the current ARMS Payment Score (APS) for each company in a user’s portfolio alongside its six-month trending chart. The results quickly prioritize portfolio companies in order of highest to lowest risk, highlighting subscribers’ most problematic accounts.
Launched last fall, the ARMS Payment Score (APS) has been widely accepted by credit departments at the consumer manufacturing level and has quickly gained industry recognition for its ability to evaluate a company's trade payment behavior and help predict the likelihood of future late payments.
Commenting on the development of these new credit tools, Lawrence Sarf, CEO of Accounts Receivable Management Solutions (ARMS), stated: “Everyone claims to have built the better mousetrap, but we really have! Our proprietary model was designed, and then tweaked several times during beta testing, by a panel of credit managers giving weighting to such factors as the size of the supplier, industry segment, seasonality, terms and severity of delinquency….then we applied these measures ONLY to trade data that we could see, feel and touch…no third party purchases….all of our data elements are derived from directly supplied monthly trade tapes. The result is the most reliable and accurate score available today. Don’t take my word for it, visit our website and read the testimonials, each one with a name and company attached to it.”
ARMS’ product offerings and database continue to grow exponentially, further establishing ICI’s leadership in the financial analysis, trade credit and bankruptcy expertise fields through its three principal operating companies: F&D Reports (http://www.fdreports.com), Creditntell (http://www.creditntell.com) and ARMS (http://www.fdarms.com).
For a sample look at this valuable new tool, contact Robert Marzo at 1.800.789.0123 ext.173 or visit http://www.fdarms.com and request a trial password.