Effectiveness Metrics

Overview

To document the effectiveness of each strategy, eCredit calculates effectiveness metrics for both the Champion and Challenger. Using the Segments feature, you view these effectiveness metrics and the total number of invoices treated with both the Champion and the Challenger. After evaluating the effectiveness of the strategies, you can promote a Challenger strategy to Champion status.

eCredit calculates the following effectiveness metrics for a segment:

• Average Days to Pay (ADP) Measures the average number of days to pay for all invoices using the following formula: MTD Days Pay / MTD Payments

• Average number of tasks required to pay (ATP) The average number of collector tasks required to pay invoices weighted by the collected amounts of those invoices. This metric is an indication of how much work it took to collect on receivables.

• % of Uncollectible Receivables (UR) The ratio of the total amount not collectible to the total expected receivables. Expected receivables is calculated as invoice balances less non-monetary credits. This metric is an indication of how much of your receivables you are not collecting.

Related topics

• Champion Strategies and Challenger Strategies

• About Marking Segments for Deletion

• Adding Segments

• Viewing Effectiveness Metrics for a Segment

• Modifying Segments

• Associating a Challenger Strategy with a Segment

• Promoting a Challenger Strategy

• Removing a Challenger Strategy

• Deleting Segments

• Undeleting Segments