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Cortera Collections Priority Rating (CPR)
Find out which of your customers are most likely to pay late
The Collections Priority Rating™ (CPR) is designed to assist collections departments of all sizes in evaluating customer portfolios for signs of delinquency, highlight changes in payment behavior and provide indications of internal and external events that could affect future payment behavior. CPR also provides a unique segmentation feature that clusters accounts based on overall payment risk. This can assist customers in prioritizing their collection efforts.
Cortera Collections Priority Rating™, allows you to obtain new insights about your portfolio, allowing you to recognize trends in your customers’ payment behavior and prioritizing your collections efforts.
In just minutes, the Collections Priority Rating provides you with an in-depth analysis of your customers’ payments trends. This allows you to review historical payment information, gain visibility into changes in customer payment habits and notify you of which accounts’ trends are improving, steady, or declining.
Improve departmental productivity
- Easily identify which accounts in your portfolio are most likely to pay late
- Pro-actively and strategically approach to A/R challenges
- Maximize your efforts while lowering exposure and risk
- Identify the potential risk exposure of your entire portfolio for less than the cost of a single write off
Get the information you need now to improve productivity and create the most effective collections strategies with each of your accounts. You can collect your money faster, reducing bad debt, improving cash flow, and lowering DSO.