OMNI Systems, Inc., the premier manufacturer of thermal labels in North America, announced today that Dun & Bradstreet Corporation has upgraded its Financial Stress Score to 1611. The score predicts the chance that a business will experience financial distress and is used to forecast a company’s expected performance over the next year. This upgrade ranks OMNI in Class 1 which is the Top 5 Percentile with lowest possible delinquency probability of 0.03%.
Adam DeFrancesco, Founder & CEO of OMNI Systems said, “We are pleased that D&B has reassessed OMNI's financials and upgraded our ratings accordingly. This demonstrates OMNI’s strong capacity to meet its financial commitments and should provide further assurances to our current & future partners to trade with us with complete confidence. Since OMNI has no debt, and no interest payments, our clients receive much better pricing when compared to our competitors. This is a win-win scenario and helps create mutually beneficial long term partnerships we're seeking."
The Dun & Bradstreet Rating is the most widely used credit rating in American business, and provides an accurate assessment of a company’s overall creditworthiness and risk of default. The Rating is computed by D&B when a company submits its financial statements for review and is also influenced by D&B’s data about a company's payment history, demographic and financial information, outstanding suits and liens.
“We are thrilled to receive this outstanding D&B rating,” said Terry McGreal, CFO of Omni Systems. “Labeling is a very competitive industry and having this strong rating will set us apart from the competition and will also help to ensure our continued growth.”
Contact OMNI today to see how we can help improve your operations while significantly lowering your label spend.