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Closing the loop: how credit scoring drives performance improvements along the financial value chain.(Selected Topic)
Despite the existence of evidence clearly supporting the practice of credit scoring, recent industry data shows that the world of commercial business credit has been slow to adopt this method of quantifying customer risk and reap its accompanying benefits. In the 2003 Credit Research Foundation (CRF) survey results summary entitled, "Credit Scoring: The Future of Decisioning in the A/R Process", only 36 percent of the respondents indicated their active use of scoring models. Of those not currently using credit scoring, an encouraging 72 percent indicated their intended plans to do so within the next two years.
However, this relatively slow adoption rate is ...
- Managing your financial value chain: instituting standards and best practices...
- Magazine article from: Business Credit Tudor, Barry Cotis, Lucia September 1, 2003 700+ words
...The company that embraces Financial Value Chain Management (FVCM) will...technology that supports Financial Value Chain Management (FVCM). However, managing your financial value chain also includes instituting...
- GETPAID Selected for Inclusion in New Aberdeen Report; Best Practices in...
- Press release article from: Business Wire October 21, 2002 700+ words
...companies that save millions with Financial Value Chain Management Applications such as GETPAID Software. Financial Value Chain Management (FVCM) solutions...Practices in Streamlining the Financial Value Chain," Aberdeen identifies seven...
- Avnet, Inc. Selects XRT to Implement a New International Treasury Platform and...
- Press release article from: PR Newswire October 15, 2002 700+ words
...Collaborative Software for the Financial Value Chain. For the extended enterprise...looking into optimising their Financial Value Chain, XRT's collaborative solutions...on a single domain of the financial value chain, XRT solutions span across...
- Financial Value Chain Management Solutions Are High on Enterprise IT Purchasing...
- Press release article from: Business Wire May 22, 2002 700+ words
...The i-Way to Improved Financial Value Chain Processes," an Aberdeen...interested in the value-add that Financial Value Chain Management (FVCM) solutions...The i-Way to Improved Financial Value Chain Processes" visit www.aberdeen...
- Sterling Commerce launches solution for optimising the financial value chain;...
- Press release article from: M2 Presswire October 10, 2006 700+ words
...solution for optimising the financial value chain; Sterling Multi-Enterprise...consolidated view of the entire financial value chain, streamlining an otherwise...the many connections in a financial value chain. "Banks are under pressure...
- Sterling Commerce Launches Solution for Optimizing the Financial Value Chain.
- Press release article from: Business Wire October 10, 2006 700+ words
...consolidated view of the entire financial value chain, streamlining an otherwise...the many connections in a financial value chain. "Banks are under pressure...with managing very complex financial value chain systems for the exchange...
- Companies Save Millions With Financial Value Chain Management Applications; New...
- Press release article from: Business Wire October 16, 2002 700+ words
...BOSTON--(BUSINESS WIRE)--Oct. 16, 2002 Financial Value Chain Management (FVCM) solutions, which automate many...the report, Best Practices in Streamlining the Financial Value Chain, Aberdeen identifies seven companies that have...
- GETPAID Invited to Speak at National Chemical Credit Association Conference;...
- Press release article from: Business Wire March 31, 2003 700+ words
...Arizona. Mr. Tudor's presentation, Managing Your Financial Value Chain, will explore the various business issues companies...leading provider of software and services to support Financial Value Chain Management (FVCM); offering a suite of web...