Manage Risk

If you’re looking to extend credit to new or existing trading partners, you’ll need comprehensive indicators and metrics to accurately determine your credit risk. And you can rest assured that our suite of risk management tools, designed for customers just like you, will cover all your bases.

Using our online library of credit scores, business ratings and reports, you can review:

• Pay trends
• Business histories
• Branch & subsidiary information
• Trade practices history
• Financial statements & ratios
• Ownership background
• Information on judgments & liens
• And much more…
 

To help you manage risk, we provide five specific tools:

Blue Book Scores
Blue Book Ratings
Business Reports
Alerts & Updates
Accounts Receivable Aging Report
 

Learn more about each option below:

Blue Book Ratings

Blue Book’s rating system helps those extending credit to make quick “Sell” or “No-Sell” decisions by providing concise, accurate credit data, while also giving buyers and transporters their needed peace-of-mind. Included in ratings are: pay trends, credit worth estimates and trade practices information.

Ratings are available:

• on produce and transportation companies
• in complete listings online and in the Blue Book
• in condensed listings from your mobile phone
• in the weekly Credit Sheet & biweekly Express Updates
• in Business Reports
• by calling a customer service representative
 

Blue Book Scores

Developed in 2005 as the only industry specific credit scoring model, a Blue Book Score predicts the likelihood of a negative credit event — delinquent or default on payment — on a produce buying company within a 12 month period of time.

A Blue Book Score is statistically valid, empirically derived, and is industry proven. The scores are solely derived from a company’s pay information.

A score is an additional credit tool used to help your business make informed and confident business decisions. A score complements a company’s Blue Book rating and comprehensive business report. 

Scores are available:

• online via a company’s Listing Detail page
• in a business report
• in an online Blue Book Score Report
• by calling a customer service representative
 

Business Reports

When trading with a new business partner, renewing an old relationship or taking a closer look at a changing situation, Blue Book Services’ in-depth Business Reports tell you everything you need to know. Reports include: financial information and ratios, corporate histories, ownership background, information on judgments and liens, as well as branch or subsidiary information, plus much more. 

Business Reports are available:

• on produce and transportation companies
• by calling customer service
• for download here
 
 

Alerts & Updates

Business decisions often need to be made quickly. Having up-to-the-minute updates and alerts can only help companies in the agriculture industry, whether they are looking at working with a new customer, extending credit to a buyer or placing a large order with an unfamiliar business. Blue Book Services members will receive regular updates on credit and business information from companies across the fruit and vegetable industry. Don’t use old or outdated information to make important choices; become a Blue Book Services member and get consistently updated data on the industry.

 

Accounts Receivable Aging Report

With more information, members can make the best business decisions possible. Another tool available to manage risk is the Accounts Receivable Aging Report. For more than a decade, businesses throughout the United States, Canada and internationally have shared their accounts receivable (A/R) aging files with Blue Book Services, and this membership feature provides that information, while maintaining company anonymity of those submitting data. Accounts Receivable Aging Reports on your current or prospective customers are available exclusively to member organizations that choose to contribute their A/R monthly to Blue Book Services. Read more on these reports, and how you can become eligible to access as part of your Blue Book Services Membership.

 
To learn more about any of the above options, or with questions about membership or how Blue Book Services can help you manage risk in your specific role, feel free to contact us online or by phone. We’ll be happy to assist you in any way that we can, and look forward to working with you.