Simplify Risk Assessments with the Probe Score

Assessing a company’s creditworthiness traditionally demands meticulous and time-consuming analysis. It often relies on the expertise of financial analysts and involves a comprehensive review of financial performance, historical data, and macroeconomic indicators.

Key Challenges in B2B Decision Making:

• Time-Consuming  • Individual-Dependent  • High Cost  • Lack of Standardization

Introducing the “Probe Score” – a game-changing tool that enables instant assessment of a company’s financial strength based on our proprietary scoring system.

 

 

What is the Probe Score?

The Probe Score is a numerical representation of a company’s Financial Strength. It incorporates the company’s financial performance over the past three years, the strength of its balance sheet, and how it compares to similar-sized peers.

It is a statistical score is automatically calculated by the system, offering users valuable insights into the potential risk associated with engaging with a particular company.

How is the Probe Score rated?

The Probe Score is rated on a scale from 1 to 5. A Probe Score of 3, 4, or 5 signifies that a company is financially sound. Falling within the 3 to 5 band places the company in the “green zone,” indicating a lower risk when engaging with this company.

Furthermore, each of the 5 key financial factors that are used to calculated the score, is individually rated on a scale from 1 to 5. This approach provides users with insights into both the overall financial strength of the company and its performance on each of these essential factors.

While the Probe Score provides a valuable snapshot, it’s advisable to review the underlying data of the company on the Probe42 platform for a comprehensive understanding of the company’s profile.

 

What is the Methodology Behind the Probe Score?

The Probe Score is the result of a sophisticated model meticulously crafted by credit risk and data science experts with a collective experience of over 100 years in fields such as credit rating, credit risk, and data science.

This score is the outcome of applying well-established statistical techniques to an extensive dataset comprising several hundred data features from over half a million Indian corporates over the past 6 years. It’s a proprietary score calculated by the system based on the latest information available within the Probe42 platform.

 

What factors go into the Probe Score?

Probe Score is calculated using five critical parameters:

1. Profitability
2. Liquidity
3. Solvency
4. Efficiency
5. Growth

 

What are the key Applications of the Probe Score for Financial Institutions?

The Probe Score is a valuable tool that provides users with a quick overview and initial assessment of a company. It aids in forming an early opinion on the company’s financial health and reliability. Here’s how it can assist you:

1. Quick Assessment: Use the Probe Score to swiftly evaluate a company and form initial impressions.
2. Prioritization Aid: The score is useful in prioritizing companies from a list you are evaluating, allowing you to focus on the most promising prospects.
3. Streamlined Decision Making: Incorporate the numerical parameters of the Probe Score into your decision-making workflow to partly automate and expedite the prioritization process. This score enables faster and well-informed credit decisions, leading to significantly shorter loan application processing times.
4. Portfolio Monitoring: Utilize the Probe Score for ongoing portfolio monitoring, helping you identify actionable insights and make informed decisions. With its comprehensive insights into the financial health of companies, the Probe Score enables institutions to proactively spot high-risk entities within their portfolio. Armed with this information, institutions can take strategic measures to mitigate risks.
5. Enhanced Sales Conversion: The Probe Score efficiently evaluates companies’ financial health and risk, helping institutions target prospects with the best conversion potential. This approach weeds out unqualified leads upfront, enhancing the institution’s sales efforts.

 

Where Can I Access the Probe Score?

To access the Probe Score for a company, follow these 4 steps:

1. Login: Visit Banking.Probe42.in and log into your account.
2. Enter Company Name: Enter the name of the company in the “Probe a Corporate” section.
3. Navigate to Highlights Tab: Click on the “Highlights” tab.
4. Access Probe Score: Within the “Highlights” content, click on “Probe Score” to view the company’s rating.

Make sure to refresh the data if the company has not been probed recently to ensure the information is up-to-date.

This highly anticipated feature is currently in limited release, If you would like us to activate this feature for you or your peers or have any suggestions, please feel free to contact us at support@probe42.in.

 

About Probe42

• Probe42 is an independent information services company that specializes in offering financial information on unlisted Indian companies.
• Our platform has been widely utilized by banks and corporations to aid key processes like business development, credit analysis, KYC and competitor analysis.
• Access over  1.9 Million Active companies, with 500+ Data points on each company, curated from 746 verified data sources on a single platform.