Sageworks Blog

Oct 22, 2012 09:51

Options for conducting financial due diligence and for assessing default risk are numerous, though many of the methods have shortcomings. As technology advances, it enables companies and business owners to make sounder lending decisions. It is crucial for every business to be aware of the resources they have available, in order to make the best decision possible. [More]

Oct 19, 2012 11:50

Private companies pose unique challenges for banks and others trying to quantify the credit risk associated with those companies in an automated and standardized manner. Since privately held firms aren’t required to share financial information with outsiders, the number of parties with access to accurate, detailed information about the business is extremely limited. However, there are new products on the market that now help these individuals make better decisions. [More]

Oct 18, 2012 10:21

In today’s uncertain economic times, businesses have to be more cautious about who they do business with. Businesses have countless suppliers and moving parts, how is a business owner supposed to identify a singular high-risk area? To help business owners, Sageworks has identified multiple scenarios where a business should conduct a financial due diligence analysis. Are you aware of your firms risk exposure? [More]

Nov 17, 2011 08:58

As the economic downturn moves into its fifth straight year, companies continue to do everything they can to remain profitable. One area of cost that is typically overlooked or examined as a last resort is indirect spend, which includes everything a company buys that is not capital or a component of the product being made. [More]