Altius Vendor Assessment Ltd

Altius engages Company Watch to monitor supply chain financial health


Source: Altius Vendor Assessment Ltd

Altius Vendor Assessment improves financial compliance service with introduction of elite financial risk management system.

15 May 2014, Derby UK -- Supply chain compliance specialist Altius Vendor Assessment  has partnered with financial risk management experts  Company Watch  to provide its clients with robust and reliable monitoring systems. This will enable them to effectively track and predict the financial health of suppliers.

Company Watch has developed specialised mathematical models that differentiate financial winners from losers, through its unique H-Score® measure, and has succeeded in predicting the vast majority of company failures in advance over the past 15 years.

The system is integrated into the Altius In-Touch portal, used by clients to manage and select suppliers.  This enables clients to gain excellent insights into the financial status of current and potential contractors.

Gary Plant, Managing Director of Altius Vendor Assessment said: 'Active financial risk management is  a vital component of successful and proactive supplier management. Company Watch provides the very best intelligence and tools for monitoring and predicting financial weakness and strength. This provides clients with valuable foresight and protection and an ability to select suppliers with their eyes fully open.'

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