About Louise Fitton

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Posts by Louise Fitton

Enough is enough – pulling the trigger on automated decisioning

Posted on Oct 31 2013 by

All too often as credit risk professionals, we don’t take the time to evaluate our credit policies because “that’s how it has always been done around here”. Unfortunately, this mentality increases days sales outstanding, raises uncollectable debt and prohibits us from identifying good growth opportunities. Reviewing your policies early and often enables credit risk professionals to create more sophisticated rules around how to extend credit.

Insolvency rate falls for fifth consecutive month

Posted on Oct 31 2013 by

September brought yet another month of falling business failures (the fifth in a row), and only insolvency practitioners would bemoan the fact that – with insolvency rates at 0.07% – more companies are surviving than at any point since 2007.

Business Insolvency Index – Jan 2013: Business insolvencies fall in 2012

Posted on Jan 31 2013 by

The latest Business Insolvency Index from Experian®, the global information services company, reveals that during the full year 2012 fewer businesses failed – with 1.04 per cent of the business population failing compared to 1.10 per cent in 2011.

The year ended with December seeing 0.08 percent of businesses fail compared to 0.11 per cent in the same month during 2011.