Commercial Recovery ScoreSM Plus Driven By D&B Data
Proven to be the most predictive for managing late stage and bad debt collections and allows more accounts to be scored.What Is Commercial Recovery Score Plus?
Commercial Recovery Score Plus is a statistical commercial collections management model that predicts which severely delinquent, charged-off , or collection agency placed accounts are likely to pay and how much will be paid. This recovery model helps businesses providing trade credit, banks, and fi nancial services companies determine which accounts to keep, work, sell, or outsource for agency management. For collection agencies, this model helps prioritize collections based on a traditional probability of payment and an expected payment amount and for debt buyers it aids in determining purchase price and assists with the due diligence process.
Scoring Is Not A One Size Fits All Technology
The primary scoring methodologies are judgmental/rules based and statistical based. However, there is a lack of statistical based scoring technology designed specifi cally for commercial debt recovery except for Commercial Recovery Score Plus Driven By D&B Data.
What Type of Scoring Provides Greater Benefits for Commercial Collections Management?
|
Judgmental/Rules Scorecards |
Bureau/Generic Scorecards |
Commerial Recovery ScoreSM Plus |
Designed for commercial late stage collections |
Rarely |
No |
Yes |
Designed for commercial debt collections and debt buying |
No |
No |
Yes |
Statistically validated on your portfolio to prove performance |
No |
No |
Yes |
Leverages the predictive power of your internal data |
Sometimes |
No |
Yes |
Score and decision commercial bureau "no-hits" |
Sometimes |
No |
Yes |
Validates traditional probability of payment |
No |
No |
Yes |
Calculates expected payment amount |
No |
No |
Yes |
New Commercial Recovery Score Plus
More Predictive,
Better Results Because It’s Driven By D&B Data
This ground-breaking commercial debt recovery scoring model was developed to meet companies demand to have a collection management tool specifi cally designed for late stage delinquencies and charged-off accounts. The powerful combination of internal performance data blended with D&B data, makes this the most predictive scoring model on the market today.
Commercial Recovery Score Plus Benefits
• |
Designed specifi cally for commercial debt for creditors and collection agencies |
• |
Increases the efficiency of operations through better resource allocation |
• |
Superior collection prioritization by knowing the traditional probability of payment and the expected dollars to be paid |
• |
Using the advanced expected dollar amount to be paid allows you to maximize liquidations on the more valuable accounts and minimize cost of collections on less valuable accounts |
• |
Greater predictiveness by blending internal account performance data with D&B commercial bureau data |
| • | Scores more accounts, small, mid-size, and private company accounts (no hits) by using your internal data |
Commercial Recovery Score Plus Output
• |
Segmentation reporting of probability of payment |
• |
Segmentation reporting of expected payment amounts |
• |
Collection effort simulation |
• |
Expected profitability/Cost benefit analysis reporting tool |
• |
Segmenting accounts with a combination of available data – Value, probability, state, etc. |
Commercial Recovery Score Plus Validation Results By Risk Class
To prove Commercial Recovery Scoring Plus is the most predictive scoring solution available, we off er to a FREE Validation Analysis to help you evaluate how well, using your own internal account data blended with D&B commercial data predicts future payment performance. Below is a sample report that shows the accounts allocated into 11 groups based on the dollar rating. This analysis is intended to show the model’s ability to diff erentiate future problem payers from future timely payers and quantifi es how accurately Commercial Recovery Score Plus predicted future customer payment behavior.
To Request A Free Retrospective Validation
To Evaluate How Well Commercial Recovery Score Plus Works On Your Accounts Contact Michael
Colasurdo Of PredictiveMetrics At 732-530-9303 ext. 111 (mcolasurdo@predictivemetrics.com)
Or
Andy Kahn Of D&B 410-489-6774 (kahna@dnb.com)
| About PredictiveMetrics | About D&B |
| Founded in 1995, PredictiveMetrics, Inc. is a global leader in providing predictive scoring and analytical decision solutions using advanced statistical techniques for credit, collections and debt recovery. Turning probabilities into profits, PredictiveMetrics’ decision technology spans many industries, types of financing, and ages of debt. By using our customers business expertise combined with our data, modeling, and resource capabilities, PredictiveMetrics provides superior predictive decision technology for companies worldwide. | D&B (NYSE:DNB) is the world’s leading source of commercial information and insight on businesses, enabling companies to Decide with Confidence® for 167 years. D&B’s global commercial database contains more than 150 million business records. The database is enhanced by D&B’s proprietary DUNSRight® Quality Process, which provides customers with quality business information. This quality information is the foundation of D&B's global solutions that customers rely on to make critical business decisions. |
CLICK HERE FOR PDF OF COMMERCIAL RECOVERY SCORE PLUS BROCHURE
