The Honolulu Advertiser
Hawai’i businesses had the seventh-worst record when it comes to past due accounts receivable, according to the October report by Cortera, a business information provider that publishes a monthly index of accounts receivable activities by state.
The report found 20.71 percent of Hawai’i-based business accounts were past due. Cortera tracks late payments against agreed upon terms.
"Cortera is one of the true innovators in our market. We've worked with them for years and I have only great things to say. Their new community approach to credit reporting is yet another example of their industry leadership."
"Cortera allows us to manage our global account base on one platform, and frees us from the inconsistencies inherent in managing credit in a decentralized, paper-based environment."
