Batch Scoring Using Cortera BOOST

Overview

Cortera BOOST is a batch scoring product that gives payment score and demographic information for a portfolio of your customers. You can schedule this batch scoring to automate data gathering for your credit reviews.

Cortera's BOOST report includes:

  • All Company Score

  • Days Beyond Terms (DBT)

  • Number of companies providing data for the report

  • Confidence match score to indicate the degree of accuracy for the match

  • Payment score

  • Credit grade which ranks the payment score

  • Company name and address

  • Company hierarchy information  More

    Your administrator can schedule an eCredit Boost report to include hierarchy information for each company that is included in a selected scoring portfolio by checking the Ultimate Parent check box in the Job Scheduling dialog. This information will help to determine the overall structure of a company that is requesting credit and whether the company has other companies reporting to it; whether the company reports to another company; or whether the company is a single location that is not part of a corporate hierarchy.

  • Demographic data, which can include:

    • date last seen: the date of the most recent transaction used in the report

    • DBA (Doing Business As) or trade style name for the business

    • executive/Owner Name

    • primary and secondary SIC (Standard Industrial Classification) codes that describe the company's business

    • North American Industry Classification System (NAICS) code and description

    • number of employees

    • annual revenue

    • whether the company is publicly or privately held

    • date the company was established

How Cortera BOOST works

Here's how portfolio batch scoring using Cortera BOOST works:

  1. Ensure that the Include in Portfolio Scoring check box is selected for the customers you want to batch score. You can manually select this check box, or it can be sent when importing data into eCredit using the Data Import feature. More

  2. Schedule the Portfolio Scoring - Cortera BOOST as a job using the Job Scheduling feature. More

  3. eCredit batch scores the customers you have selected to include in your portfolio scoring.

  4. You receive an e-mail notifying you when the BOOST data is available in eCredit.

  5. When you receive the e-mail notification, log onto the application, search for a customer who is included in the eCredit BOOST batch scoring, and select the Bureau Reports tab to view the Cortera BOOST Report.

Click here to see a sample Cortera BOOST report that contains parent and ultimate parent information.  

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