Make Credit Decisions with Confidence and Simplicity
Cortera Decisions™ credit scorecard system automates the outcome of inbound credit requests and sets limits through a series of defined variables, conditions and weightings.
Take the Guess Work Out of the Approval Process
Cortera Decisions credit scorecard system takes the guess work out of the credit approval process. Whether you’re considering on boarding new customers or re-evaluating current ones, Decisions makes it quick and easy to approach the situation with confidence. The system bases approval status and recommended credit limits through a series of set variables including:
- Cortera Score
- Cortera Payment Rating
- CPR Segment
- Average Total Balance
- Number of Providers
- Days Beyond Terms (DBT)
- Years in Business
- Total Spend (Annual)
- Materials Spend (Annual)
- Shipping Spend (Annual)
- Estimated Annual Sales
- Estimated Employees
- % Debt > 60 Days
Multiple scorecards can be stored within your account for future use. Users can create scorecards using Cortera’s default settings or pick and choose their own. A history of all Decisions will be stored within your account for up to 24 months.
Using a Credit Scorecard System Makes Decisions Easy, Confidential and Secure
By using Cortera Decisions, you ultimately mitigate risk and increase cash flow by relying on a trusted source.
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