Credit Index and Payment Index

By splitting the risk score process into credit information and payment history, you get a helpful overview of a company’s level of trustworthiness and credit repayment reliability. 

Using the comprehensive credit database from Equifax Canada to create a Credit Index is the first part of the risk assessment process. This provides a snapshot of a company's overall creditworthiness.

Next is the Payment Index, which measures the average number of days it takes a business to pay its suppliers. This gives you a clearer understanding of which companies could be considered trustworthy.