Sharing ideas that do good

Improving credit risk culture and governance in construction

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Supply chain insolvency in construction has major domino effects and can bring large projects to a grinding halt.  

Anility is a subscription platform that is sold to large scale construction firms to protect their projects from sub-contractor credit risk. 

Sub-contractors connect their real time accounting data and Anility's proprietary risk model turns it into a dashboard with scores out of 100.  The raw data is never shared.  

Builders can use the platform both as a due diligence tool prior to awarding contracts and also as an ongoing governance tool to get an early warning sign of financial distress. 

What do you think?

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By Jennifer Harrison

7 March 2021

 
12 Like


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