solutions
Credit & Collections
Cortera™ offers a number of different scalable solutions to help organizations of any size, in any industry, from the one-person credit department to the most sophisticated enterprise.
From organizations that are simply looking to organize customer files to those looking for full-powered credit and collections management, the award-winning eCredit™ product family supports the mission critical processes of granting credit, monitoring portfolio risk, resolving disputes and collecting accounts receivables. The eCredit Software-as-a-Service platform offers flexible credit management enabling credit professionals to quickly and easily implement any credit scoring model, from the simplest rules-based to the most advanced statistical model. With eCredit, there are no limits to the amount of value your organization can get out of credit scoring.
Key Benefits of eCredit
Improve Efficiencies
A key advantage of credit scoring and decisioning is the ability to automate many low value-added tasks for a high percentage of accounts.
Increase Sales & Customer Service
eCredit removes barriers to communication between sales & credit, helping organizations increase revenues while simultaneously improving credit decision quality and overall process efficiency.
Accurately Predict Bad Debt Exposure
Scoring models can accurately predict bad debt exposure by assessing how risk classes of customers historically go bad.
Drive Collections Strategies
Incorporating your credit risk score (collection recovery score) into your collection strategies allows for more appropriate treatment of your accounts.
Proactive Risk Analysis
Automating the monthly, quarterly or annual scoring of your account base will allow credit analysts to spend their time on exception handling and free them from the reviewing the “no brainer” accounts.
Ensure Regulatory Compliance
Automating the credit analysis process with objective and consistent scoring helps in Sarbanes-Oxley and internal audit compliance.
Credit and Collections Products
For more information on our Credit and Collections products click on the product below:
- eCredit SNAP™ - award-winning credit automation & scoring software
- eCredit Enterprise Edition™ - credit & receivables managemenet for the most demanding enterprises
- Cortera DIG™ - research businesses to make credit decisions & collect smarter