Most of the time when a business provides a service to customers, there is no problem in getting paid. However, there are times when for one reason or another a customer fails to pay their bill. Upon repeated attempts by the business to collect, the bill is eventually sent to a collections agency. What many businesses need in today's difficult economic conditions is a way of knowing which customers are likely to default, which ones are collectible and at what point their accounts should be turned over to collections. Understanding these points is referred to as Collections Modeling, and nobody helps businesses more with this than Cane Bay Partners.
Using the models Cane Bay Partners can provide based on our many years of research and working with businesses around the world, our clients are able to gain a much better understanding of their customers. Through our Collections Modeling, which has proven to be highly accurate over many years, our clients can better predict which of their customers is more likely to default on payments. Likewise, they can also decide which ones are just as likely to repay based on information gathered from our multi-variant analysis of the default data given to us for examination.
In addition to helping clients decide which customers are more likely to repay than others, our analysis also helps them decide which accounts are considered to be more collectible and should be pursued by the business itself rather than sold off to collection agencies. For those accounts that do need to be sent to collections, our Collections Modeling analysis can help them reach conclusions as to which ones should be sold and at what number of days within the delinquency cycle. When it comes time to sell the accounts, our data can also help advise them as to the sale price for each account.
While delinquent accounts can be frustrating and take valuable time away from the other needs of a business, our Collections Modeling process can give a business sound advice that has been proven to work over the years. It is our mission here at Cane Bay Partners to make sure our clients are provided with information that will help them achieve the results they need when they need them. Based on our results with client worldwide, a business can be sure when doing business with us they are doing business with the best.
Using the models Cane Bay Partners can provide based on our many years of research and working with businesses around the world, our clients are able to gain a much better understanding of their customers. Through our Collections Modeling, which has proven to be highly accurate over many years, our clients can better predict which of their customers is more likely to default on payments. Likewise, they can also decide which ones are just as likely to repay based on information gathered from our multi-variant analysis of the default data given to us for examination.
In addition to helping clients decide which customers are more likely to repay than others, our analysis also helps them decide which accounts are considered to be more collectible and should be pursued by the business itself rather than sold off to collection agencies. For those accounts that do need to be sent to collections, our Collections Modeling analysis can help them reach conclusions as to which ones should be sold and at what number of days within the delinquency cycle. When it comes time to sell the accounts, our data can also help advise them as to the sale price for each account.
While delinquent accounts can be frustrating and take valuable time away from the other needs of a business, our Collections Modeling process can give a business sound advice that has been proven to work over the years. It is our mission here at Cane Bay Partners to make sure our clients are provided with information that will help them achieve the results they need when they need them. Based on our results with client worldwide, a business can be sure when doing business with us they are doing business with the best.
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