UC-752
Improve Credit and Collections to protect revenue and get paid faster
Trade and project customers ranked by risk, with collections worked in that order.
TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue
The Challenge
The opportunity is to eliminate credit exposure discovered after the contractor fails, collections worked in invoice order rather than risk order, and retention and milestone money never chased. The proposed workflow is source-linked, but the current operating baseline and financial value remain illustrative until validated with the client.
How It Works
- Combines receivables ageing, payment behaviour, credit signals and project milestones by customer.
- Scores collection risk and identifies retention and milestone amounts due.
- Ranks the collections list and drafts the chase with the evidence attached.
What It Removes
- Credit exposure discovered after the contractor fails
- Collections worked in invoice order rather than risk order
- Retention and milestone money never chased
Input Data RequirementsReceivables ageing, payment history, credit reports, contract milestones and retention terms
Output FormatCustomer risk ranking, ranked collections list with drafted chases, retention and milestone due report
“Who owes us the most that we are least likely to collect?”