Creating Scorecards

Overview

Scorecards automate and quantify your analysis process making the process more efficient and consistent. You can use the eCredit application to create scorecards that capture the key data that you use in your analysis, and evaluate this data using the relative importance you assign it.

To create a scorecard you:

  • Select criteria to include in the scorecard. These criteria are the standards on which you base your analysis.

  • Assign weights to the criteria. This quantifies the relative importance you assign to a criterion in relation to other criteria used in the scorecard.

  • Select factors for the criteria. Factors identify concrete characteristics of your criteria and are the key facts on which you base your analysis.

  • Assign weights to the factors. This quantifies the relative importance you assign to this factor in relation to other factors for this criteria.

  • Create ranges for the factors. These ranges define values that establish categories that you evaluate in the same way when assessing risk.

  • Assign points to each range. This gives a value to the range that is used when computing the overall score.

To facilitate creating multiple scorecards that are similar to each other, you can use the Save As button to save a scorecard that you have created, give the scorecard a new name, and make modifications to it to create the new scorecard.

Currently, you can select factors from the following criteria when creating scorecards:

  • Customer Business Summary

  • Dun and Bradstreet Commercial Credit Score

  • Dun and Bradstreet Global Data

  • Experian Commercial Intelliscore

  • Financial Ratios

  • Financial Statement

  • Internal Payment Summary

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