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Rules based credit scoring: make the right decisions fast.(Selected Topic)

Business Credit

| March 01, 2004 | Granda, Joe | COPYRIGHT 2004 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

In today's challenging economic environment, credit professionals are expected to know much more about the credit risk of customers. Not surprisingly, you also must be aware of credit risk issues early to proactively manage risk. Departments are consolidating and slimming down, as well as under more scrutiny from auditors. Under these conditions, how do you perform the detailed and consistent analysis needed to avoid unneccessary credit risk? Problem solved, with rules based credit scoring.

Rules based credit scoring can quickly transform your raw credit data into intelligent, consistent, support for your day-to-day decisions. Rules based scoring methodology is ...

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