Net 30 Blog

Archive for the ‘Economy’ 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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Largest General Motors (GM) Trade Creditors

When General Motors filed bankruptcy on Monday, June 1 in New York, much of the focus was on the continued loss of jobs, impact on the overall health of the US economy, and the Obama Administration’s plan for the US automotive industry going forward. In our last post we looked at the auto industry suppliers as a whole – here we dig into the suppliers most impacted by the collapse of GM.

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Surprising Auto Industry Metrics

I’m constantly amazed at the level of intellectual curiosity of my coworkers.  I like to think I am pretty well-read and up on the latest information, but hallway and conference table conversations around here are a learning experience about a wide variety of subjects.  It’s interesting to watch someone take a subject that lots of [...]

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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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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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