A credit scoring model is a system that evaluates customer creditworthiness using financial data, payment history, and other factors to generate a risk score. These models help accounts receivable teams make consistent, objective credit decisions and set appropriate credit limits based on a quantifiable risk assessment. Next-gen models incorporate network-wide buyer intelligence to automate decisioning, reducing approval times from days to minutes.
What if your accounts receivable collections strategy could be powered by insights from 13 million buyers? Learn more in this Next-Gen Collections eBook.
Learn what Billtrust can do for you
Reduce manual work, get paid faster, and deliver superior customer experiences with Billtrust’s unified AR platform.