ARMS Gains Industry Recognition for its Predictive Success in Spotting Bankruptcies
The newly designed ARMS database and its predictive measuring tools have accurately provided early warning signs of over 10 industry bankruptcies and/or business closings in just its first six months of operation
GREAT NECK, N.Y., May 12 /PRNewswire/ -- Accounts Receivable Management Solutions (ARMS), sister company of Information Clearinghouse, Inc., continues to gain industry recognition for its predictive success in spotting bankruptcies and minimizing its subscribers' bad debt write-offs. The newly designed ARMS database and its predictive measuring tools have accurately provided early warning signs of over 10 industry bankruptcies and/or business closings in just its first six months of operation. With the economic downturn certain to result in more business failures, ARMS has already identified a number of weaker privately held companies that may be forced to reorganize in the near future. Chief Executive Officer Lawrence Sarf commented: "I have been involved as a court appointed trustee and was a recognized expert in all insolvency matters for over 25 years. The telltale signs of impending failure have not changed over the years; the combined experience of my senior staff helps us to identify serious problems and alert our clients before it's too late."
ARMS has updated its full suite of services designed to meet the needs of today's busy credit executive all in a single resource, highlights of which are as follows:
Suite of Services:
Unlimited access to over 50,000 detailed company credit files operating in over 20 industry segments. Reports include a historical overview, principals, annual sales, banking relationships, trade experience, UCC filings, lawsuits, judgments, liens and more.
Collection and litigation activity, return checks, slowing trade payments, federal and state tax liens in addition to other derogatory information, all in one condensed, easy-to-read bulletin.
Viewable Interactive Portfolio:
- Portfolio-driven alerts on actionable derogatory information.
- Quickly pinpoint high-risk accounts by matching your portfolio against our Delinquency Bulletin.
Foodservice Credit Scoring:
Easy web access to our proprietary credit scoring model, including more than 90 major foodservice distributors in a condensed format, updated regularly with links to active credit profiles.
Credit Intelligence Center:
Web-based interactive tool enabling users to query companies of interest based on a wide range of criteria.
Market Service Inc. (t/a ARMS), along with sister companies F&D Reports (www.fdreports.com) and Creditntell (www.creditntell.com), are recognized as the premiere financial consulting services with respect to nearly 20 retail channels of distribution. For more information on ARMS, contact Lori Ziegler ([email protected] / 800.789.0123 ext. 148) or visit www.fdarms.com and request a trial password.
SOURCE Accounts Receivable Management Solutions
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