Net 30 Blog

Archive for the ‘Collecting’ Category

“Customer Dissatisfaction” as a Cash Management Tactic?

Today’s  question is courtesy of our eCredit software team.  The chart below is based on a review of over 10 million customer-initiated invoice disputes logged by users of the eCredit system in the last 12 months.  (total value of these cases is just under $21.7B) While it is possible that the significant increase in dispute [...]

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Signs of a recovery in sight?

As you might imagine, we’re data geeks here at Cortera; and with over $250 billion a month of payment records to play with, we spend a fair amount of time trying to interpret and summarize what we see.  One of the statistics that we thought was striking was the percent of payments that were reported [...]

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Collectile Dysfunction. What were we thinking?

You might have noticed that we launched a new, satirical marketing campaign a couple of weeks ago to help bring attention to the important and increasingly difficult commercial accounts receivable management function. Now more than ever it is essential that organizations operate at peak performance across all levels of risk management, yet often times credit [...]

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Are predictive scores still relevant in today's economic climate?

This week I was in Manhattan Beach, California attending a Credit Research Foundation (CRF) Credit and Accounts Receivable Open Forum and an interesting debate broke out during the first day’s agenda: does predictive credit scoring still work? Can it be relied on given the current crisis? In some ways, this was a surprising debate given [...]

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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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