Net 30 Blog

Archive for the ‘Batch’ Category

Collecting in Tough Times – Cortera's Collections Priority Rating – CPR Can Help

Commercial Credit & Collections Professionals (within corporations and at 3rd party collections agencies) face one of the most challenging collections environments in a generation. With the economy in a recession and with many banks unable or unwilling to provide debt financing, companies are being forced to rely more and more on their vendors to finance [...]

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Why don't more credit & collections professionals do batch portfolio scoring? (Part II)

In my last post I wrote about some hypotheses around why more credit & collections professionals don’t do more batch portfolio scoring. Here are some thoughts that address each of the barriers in order. Common Perception New Reality Tradition – “I don’t trust credit scores. A credit professional should conduct a more thorough review of [...]

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Why don't more credit & collections professionals do batch portfolio scoring? (Part I)

This month when we introduced our new BOOST tool we got some interesting reactions. This post isn’t a commercial for BOOST, but some background is relevant: BOOST is a self-service batch processing tool that enables the credit & collections professional to upload their portfolio of customers or potential customers, add credit scores to each record [...]

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