Score
The score is a predictive numerical expression based on statistical analysis that indicates the probability that a company will perform in a specific way in the future. The score requires a set of random and representative data.
Indicator
The indicator is a static numerical expression based on the analysis of historical data that indicates how the business has performed during the observed period. The indicator can be developed based on data on demand.
Rating
It is a classification or ranking of someone or something based on a comparative evaluation of its quality, level or performance.
Why are scores and indicators important?
They are a great tool to evaluate the credit capacity of a company. They are used by Financial institutions, business partners, credit card companies, among others. The main reason why they are used so frequently is because they help companies make more informed and accurate decisions related to:
Reduce risks: have the exact information about the right businesses.
Greater efficiency: frequent updates to ensure that information is up to date.
Increased sales: higher sales and profits.
Increased speed: provide breadth and depth of data.
Greater consistency: consistent data around the world.
Download our scores and indicators guide.