Financial Testimonials

CBA nominates Periscope Corporation for the “Ernst & Young Entrepreneur of the Year Award”.

 

And

 

 Finalist The Age | D&B Victorian Business Awards –

 

  • Business Services (Highly Commended)
  • IT

 

"Your invitation to take part in this prestigious awards program is a tribute to the strong financial management and overall success of your business.  Your qualification as finalist was based on the following financial performance results contained within the D&B database".

 

·         Strong D&B Dynamic Risk Score (DRS)

The DRS evaluates business stability and calculates the probability of default or that a business will experience severe financial distress, e.g. ceasing operations, owing money to creditors and insolvency.  Statistical analysis uses past behaviour to predict future performance within the next 12 months.

 

·         Strong D&B Dynamic Delinquency Score (DDS)
The DDS assess the probability of a firm paying its bills in a severely delinquent manner (90+ days past terms) over the next 12 months.  It is compiled from financial, credit and demographic information and the score is benchmarked against other businesses in the D&B database within an industry segment.

 

·         Positive Net Worth
The amount that total assets exceeds total liabilities
·         Lack of adverse information
Collections, court actions and registered charges.