Collection Score is a numerical measurement of the effective probability of collecting on a past due receivable.
This statistical measurement will help you decide what tactics to put in place in order to bring in more cash in as little time as possible.
It is our service that will help you improve your collection performance and simultaneously reduce credit recovery expenses.
It is a system of evaluating your whole portfolio of late-paying users to measure the probability of collection and advise you regarding differentiated, targeted credit management strategy to collect in the most efficient way possible, specifically by:
- matching your bad debt positions with information from our database
- analysing historical official data such as protests for non-payment, adverse credit entries and insolvency proceedings such as bankruptcies and asset seizures
- classifying receivables by amount, by the number of days past due, as well as by the debtor’s geographical area and legal form
- segmenting the receivables portfolio by type