CREDIT CORNER

Management Reports

 

 

Another advantage of contributing your company’s data is the ability to have an array of management tools at your fingertips.  There is no cost to receive the following reports from Mountain States Commercial Credit.

 

Get a better perspective on your collection efforts with Experian’s Management reports.  We compile external information on your customers’ payment choices to help you make smart decisions with late-paying accounts.

 

Choose from various reports, including:

 

v     Collection Priority Report – enables you to prioritize collections by revealing how your late-paying customers are paying other vendors.  If they are paying other vendors better than you, you still have collections potential with these customers while saving collections fees.

 

v     Accounts Receivable Portfolio Summary – give you an overview of your accounts, with a breakdown of active accounts into categories according to their days beyond terms.  It also breaks down your entire portfolio balance by how your accounts are aging – 30/60/90/91+ Days Beyond Terms.  This summary is also an effective way to benchmark your portfolio over time.

 

v     Marketing Report – breaks down your portfolio into dollar and percentage categories according to parameters you select.  For example, you can discover how customers with balances of more than $5,000 are currently paying you.  Other types of reports are useful for examining your portfolio, such as aging by zip code, aging by SIC code, aging by account size or aging by recent high credit.

 

 

Management Reports notify you about:

 

q       How your late customers are paying other vendors

 

q       How you are being paid comparatively by industry, region or size of business

 

q       Which late-paying accounts should not go to collections