PRS has a number of partnerships designed to provide clients with an added dimension of service and expertise. If you would like your organization to partner with PRS in the future, kindly send your query to email@example.com. We welcome the opportunity to discuss your goals.
Finance, Credit & International Business (FCIB)
FCIB’s mission is to position international credit and trade finance professionals to understand and mitigate the risks associated with conducting business globally. FCIB’s 1,100 member worldwide network helps companies successfully and profitably conduct business across the globe. FCIB’s webinars, live events and conferences provide networking and forums to enable the development and exchange of new ideas that improve credit efficiency and the company’s bottom line.
Members have access to unique reference tools and analyses through the World Trade Press A to Z Reference Guide and real time Credit & Collections Survey data which benchmark global payment methods. FCIB develops offerings to educate its members in a variety of areas: from economic and political trends to the latest techniques, tools or legal and collection issues. Developed in partnership with the Department of Commerce and Michigan State University, FCIB’s International Credit & Risk Management online course delivers critical, fundamental knowledge to business credit professionals worldwide. Mastery of this course earns the Certified International Credit Professional (CICP) designation, recognized and valued by companies worldwide. CICP holders can, through continued study and professional development, earn the International Certified Credit Executive (ICCE) designation, a recognized gold standard for companies and global credit professionals.
In partnership with The PRS Group, members can subscribe to the PRS Political Risk Letter (PRL). Each month, Political Risk Services summarizes its latest forecasts, including economic and political changes affecting international business. The PRL includes the Political and Economic Forecasts Table, presenting 18-month and 5-year forecasts for turmoil, investment, transfer, and export risk in 100 countries. Stepping beyond database reports, FCIB’s freshly investigated international credit reports support credit decision making, without contracts and at competitive prices.
Transparency International (TI)
For some 20 years, The PRS Group has enjoyed a wonderful data partnership with Transparency International (TI), the Berlin-based anti-corruption watch-dog, with more than 100 national chapters. Each year, PRS provides TI with its corruption risk scores to all 140 countries covered by the International Country Risk Guide. The scores are standardized, weighted, and later presented in TI’s annual Corruption Perceptions Index. The Index is published on TI’s website (www.transparency.org). The data from both organizations are used globally, by researchers and practitioners alike, and highlight the issue of corruption in different countries. The data from both PRS and TI are significant resources in the fight against corruption.
National Association of Credit Management ®
NACM supports more than 15,000 business credit and financial professionals worldwide with best-in-class industry services, tools and information. NACM and its network of Affiliated Associations are the leading resources for credit and financial management information. NACM offers online courses, webinars, audio teleconferences and a Credit Learning Center to advance the knowledge of commercial credit professionals. NACM’s annual convention, the Credit Congress, is the largest educational event and gathering of commercial credit professionals in the world.
NACM sponsors the only nationally recognized professional designation program for commercial credit executives and publishes the Lien Navigator, Business Credit magazine, eNews Weekly Update, the Credit Managers’ Index and a variety of books. NACM’s Secured Transaction Services supports the building and construction arena with NTO, Mechanics’ Lien and UCC services. The NACM Network supports corporate credit management needs with third party collection services, industry credit groups and the National Trade Credit Report. NACM’s collective voice has influenced U.S. policy makers on federal legislation concerning commercial business and trade credit for more than 100 years and continues to play an active role today.
Palmer & Cay
Expanding operations abroad comes with a unique set of risk factors, most of which fall outside the domain of your U.S. domiciled insurance coverage. That’s why you need risk management and insurance advisors with in-depth experience navigating international risk issues and placing global property-casualty insurance coverage. The PRS Group has teamed up with Palmer & Cay, one of the oldest names in the insurance brokerage field. Together, the firms’ have the resources and experience to guide you through the complexities of a global insurance program, from insuring operational risks (asset and liability hazards) to designing political risk mitigation strategies (government intervention and nationalization), all supported by a global network of affiliated independent brokers.