Counterparty Watch reads every SEC filing from the public companies your supply chain depends on — the moment it hits EDGAR — and tells you in plain English when one of them starts showing distress: covenant trouble, going-concern language, a customer walking, an auditor quitting.
Early-access pricing locked for the first 50 teams. No card required.
Public companies are legally required to disclose distress — just not to call you about it. It's buried in exhibits, footnotes, and redlines nobody on your team has time to read.
Amendments, waivers, loosened ratios, emergency facilities. The clearest early signal that a counterparty's lenders are nervous.
First-time substantial-doubt disclosures and the auditor commentary around them, flagged the day they're filed.
We diff every risk-factor section year-over-year. New paragraphs about liquidity, customer loss, or supply constraints surface immediately.
When a supplier's 15% customer disappears from the disclosure — or a new one appears — you hear about it that quarter, not next year.
Dismissals, resignations, and "don't rely on our prior financials" notices — the filings that precede restatements.
Exchange delisting notices and missed filing deadlines. Mechanical, unambiguous, and almost never communicated to customers.
Paste tickers or company names — suppliers, key customers, logistics providers. We resolve them against the full SEC registrant universe, subsidiaries included.
Our pipeline ingests EDGAR in real time — the same infrastructure behind edgar.tools. Every 8-K, 10-K, 10-Q, and notice from your list is parsed within minutes of hitting the wire.
Each alert says what happened and why it matters to you as a customer or creditor — in email, Slack, or a webhook into your GRC stack. Click through to the underlying filing language, always.
Supply-chain financial-risk monitoring has been priced for the Fortune 500 procurement office. Everyone else gets a stale credit report and a Google Alert.
Competitor pricing from published price lists and public procurement documents, 2025–2026. Early-access teams lock launch pricing permanently.
Then we cover the slice we can see completely — and that slice is bigger than you think. Public counterparties, their subsidiaries, and public parents of "private" vendors account for a large share of most vendor books by spend. For everyone else, no tool has real financials either; they have payment gossip.
Directly from SEC EDGAR — the primary source, not a reseller. Our pipeline already powers edgar.tools, which processes every filing in real time for thousands of finance users. Every alert links to the exact filing language it came from.
News covers distress after it's a story. Filings are where distress is disclosed first, in standardized legal language, under penalty. We parse the structure — items, exhibits, footnotes, year-over-year diffs — not headlines.
Private beta is planned for this fall. Early-access signups get onboarded in order, help pick the integrations we build first, and keep launch pricing for life.
Join the early-access list — first 50 teams lock launch pricing permanently.