Thursday May 14, 2009
SCORE is constantly developing new ways to help our clients. We have introduced a revolutionary new concept, risk-based pricing based on segmenting the quality of accounts for third party collections. The objective is to increase revenue on a net back basis for the credit grantor versus a flat fee for service for suppliers.
Risk-based pricing begins with scoring a portfolio of accounts and ranking the probabilities of recovery. Companies can then assign segments based on the account quality to the most effective collection resource or channel for that account type.